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ULURP Process Underway For Foster + Partners’ 350 Park Avenue Supertall in Midtown East, Manhattan

8:00 am on March 18, 2025 By Michael Young

The Uniform Land Use Review Procedure (ULURP) officially kicked off yesterday for 350 Park Avenue, a nearly 1,600-foot-high supertall skyscraper in Midtown East, Manhattan. Designed by Foster + Partners and developed by Vornado Realty Trust, Rudin, and Ken Griffin, the 62-story structure will yield 1.8 million square feet of Class A office space with a capacity of 6,000 employees. Griffin’s companies, Citadel and Citadel Securities, will serve as the two main anchor tenants, occupying at least 850,000 square feet. The 53,000-square foot property is located between East 51st and 52nd Streets.

First Phase of MADE Bush Terminal Wraps Up Construction in Sunset Park, Brooklyn

8:00 am on March 13, 2025 By Michael Young

Construction is finishing up on 13 42nd Street, a five-story building in the first phase of the 36-acre MADE Bush Terminal development in Sunset Park, Brooklyn. Designed by nARCHITECTS and Perkins Eastman, and developed by the New York City Economic Development Corporation (NYCEDC), the two-phase project involves the conversion of abandoned industrial buildings into new manufacturing and studio hubs, as well as the creation of public recreation space. MADE stands for Manufacturers, Artisans, Designers, and Entrepreneurs.

Rendering of 1498-1538 Coney Island Avenue

1508 Coney Island Avenue Wraps Up Construction in Midwood, Brooklyn

8:00 am on March 12, 2025 By Michael Young and Matt Pruznick

Exterior work is finishing up on 1508 Coney Island Avenue, a ten-story commercial building in Midwood, Brooklyn. Designed by SHoP Architects and developed by Baruch Singer, the 215,379-square-foot structure will yield approximately 112,000 square feet of Class A office space on floors two through ten and 51,000 square feet of retail space on the first three stories. The building will also feature an enclosed garage with a Unitronics Automated Parking System. The property is located on a 33,976-square-foot parcel at the corner of Coney Island Avenue and Avenue L.

Rendering of 1345 Third Avenue, the Northwell Health Medical Pavilion

1345 Third Avenue’s Façade Nears Completion on Manhattan’s Upper East Side

8:00 am on March 8, 2025 By Michael Young and Matt Pruznick

Façade installation is finishing up on The Victoria and Lloyd Goldman Health Care Pavilion, a 15-story medical facility for Lenox Hill Hospital at 1345 Third Avenue on Manhattan’s Upper East Side. Designed by Ennead Architects and developed by Northwell Health and the University Financing Foundation, the 215-foot-tall structure will yield 200,000 square feet of outpatient treatment space for specialized cancer care services, imaging and lab testing, cardiac care, neuroscience programs, a sleep study center, acute and chronic disease management, social work services, and more. The $450 million project is located in Lenox Hill between East 76th and 77th Streets.

Excavation Progresses at 29 Wythe Avenue in Williamsburg, Brooklyn

7:30 am on March 6, 2025 By Michael Young

Excavation and pilings are progressing at 29 Wythe Avenue, the site of a four-story office building in Williamsburg, Brooklyn. Designed by Archimaera Architecture and developed by Double U Development, the 78-foot-tall structure will yield 38,813 square feet with a loading berth, 130 enclosed parking spots, and a cellar level. The property is bound by North 14th Street to the northeast, Wythe Avenue to the northwest, and North 13th Street to the south.

Formal Review Underway For 23-29 Quarropas Street in White Plains, New York

8:00 am on March 1, 2025 By Michael Young

A formal review by The White Plains Common Council began earlier this month for plans to construct a 14-story residential building at 23-29 Quarropas in White Plains, New York. Designed by SLCE Architects and developed by HANAC and Monadnock Development, the structure will serve as the new home for the LOFT Lesbian & Gay Community Services Center. The building will yield 141 affordable rental apartments dedicated to low-income senior citizens, approximately 7,400 square feet of office and clinic space for the organization, and parking for 47 vehicles at-grade and in a garage below street level. The property is alternately addressed as 112-122 Court Street and is located at the southwestern corner of Court and Quarropas Streets.

Renovation Work Continues on Morgan Stanley HQ at 1585 Broadway in Times Square, Manhattan

8:00 am on February 26, 2025 By Michael Young and Matt Pruznick

Renovation work is progressing on 1585 Broadway, a 42-story office skyscraper in Times Square, Manhattan. Designed by Gensler, the project involves the re-cladding of the 685-foot-tall structure’s podium and refurbishments to the tower’s 1.3 million square feet of office space. The building was completed in 1990 and serves as Morgan Stanley’s global headquarters. The property is located between West 47th and 48th Streets.

Loan Restructuring Completed for Prince Building at 568 Broadway in SoHo, Manhattan

7:30 am on February 26, 2025 By Max Gillespie

Walker & Dunlop has arranged a $200 million construction loan restructuring for the Prince Building, a 12-story commercial building at 568 Broadway in Soho, Manhattan. Originally completed in 1897, the structure offers a mix of office and retail space. The loan restructuring was secured on behalf of Aurora Capital Associates, working alongside Walker & Dunlop’s New York Capital Markets team. The property is located at the corner of Prince Street and Broadway.

Excavation Begins for 570 Fifth Avenue Skyscraper in Midtown, Manhattan

8:00 am on February 25, 2025 By Michael Young and Matt Pruznick

Excavation is underway at 570 Fifth Avenue, the site of a 29-story office skyscraper on the eastern edge of the Diamond District in Midtown, Manhattan. Designed by Kohn Pedersen Fox and developed by Extell Development, the 567-foot-tall structure will yield 637,312 square feet of Class A office space. The building will also contain retail space on floors one and two, an 80,000-square-foot flagship store for IKEA on the first two cellar levels, and a gym, swimming pool, basketball court, and juice bar on the third and fourth below-grade stories. The property is located between West 46th and 47th Streets.

Updated Renderings Showcase SOM’s $700 Million New York Climate Exchange on Governors Island

8:00 am on February 21, 2025 By Michael Young and Matt Pruznick

Updated renderings have been revealed for the New York Climate Exchange, an environmental research facility and climate solutions center planned for Governors Island in New York Harbor. Designed by Skidmore, Owings & Merrill in collaboration with MNLA, Buro Happold, and Langan Engineering, the $700 million project will consist of a 400,000-square-foot research and education hub anchored by Stony Brook University. The complex’s two all-electric buildings will be connected by a distinctive photovoltaic canopy and will use sustainable mass timber as their primary structural material. The development site is generally bound by Craig Road South along the waterfront, the Oval green lawn and West Way to the west, and several historical landmark buildings to the north above Division Road.

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