Office

Renderings Revealed for 1490 McDonald Ave in Mapleton, Brooklyn

8:00 am on September 3, 2024 By Michael Young and Matt Pruznick

New renderings have been revealed for 1490 McDonald Ave, an upcoming 12-story mixed-use building in Mapleton, Brooklyn. Designed by C3D Architecture, the 185,000-square-foot structure will yield office space, a community facility, parking for tenants, a public plaza, and a space for a restaurant and cafe. The 29,500-square-foot trapezoidal property is bound by Washington Cemetery to the north, Avenue M to the south, McDonald Avenue to the east, and a number of low-rise warehouses and commercial facilities to the west.

Photograph of 205 W 28th Street. Credit: Dave Burk

New Lease Signed At 205 West 28th Street In Chelsea, Manhattan

7:00 am on September 2, 2024 By Max Gillespie

Corem AB and GDS Development Management have signed a five-year lease with Injective Labs at 28&7, a new 12-story Class A office building designed by Skidmore, Owings & Merrill at 205 West 28th Street in Chelsea, Manhattan. The company is leasing 8,685 square feet of office space on the building’s tenth floor.

New Renderings Showcase Related Companies and Wynn Resorts’ Master Plan for Phase Two of Hudson Yards

8:00 am on August 29, 2024 By Michael Young and Matt Pruznick

New renderings have been revealed for Related Companies and Wynn Resorts’ $12 billion mixed-use gaming complex proposal for the second phase of Hudson Yards. Designed by Skidmore, Owings & Merrill, the complex would consist of multiple skyscrapers housing 1,500 apartments, 2 million square feet of office space, a public grade school, a 5.6-acre park called Hudson Green designed by Hollander Design and Sasaki, and a daycare center. The new batch of towers would rise directly west of the first phase of Hudson Yards over the 13-acre Western Rail Yards bound by West 33rd Street to the north, West 30th Street to the south, Eleventh Avenue to the east, and West Street to the west.

520 Fifth Avenue Approaches Final Set of Floors in Midtown, Manhattan

8:00 am on August 27, 2024 By Michael Young and Matt Pruznick

Construction is closing in on the final floors of 520 Fifth Avenue, an 88-story mixed-use supertall skyscraper in Midtown, Manhattan. Designed by Kohn Pedersen Fox and developed by Rabina, the 1,000-foot-tall structure will span 380,000 square feet and yield 100 condominium units, a residents-only amenity floor on level 88, boutique office floors on the lower levels, a private members-only club called Moss, retail space, and four cellar levels. The project is located at the corner of Fifth Avenue and West 43rd Street, one block north of Bryant Park.

Façade Reaches Pinnacle of JPMorgan Chase Headquarters at 270 Park Avenue in Midtown East, Manhattan

8:00 am on August 26, 2024 By Michael Young and Matt Pruznick

Façade installation has reached the roof parapet of JPMorgan Chase’s 1,388-foot supertall headquarters at 270 Park Avenue in Midtown East. Designed by Lord Norman Foster of Foster + Partners with Adamson Associates as the architect of record and developed by Tishman Speyer, the 60-story skyscraper will yield 2.5 million square feet of office space with a capacity of 15,000 employees, and will become the tallest structure in New York completely powered by hydroelectric energy. The property occupies a full city block bound by East 48th Street to the north, East 47th Street to the south, Park Avenue to the east, and Madison Avenue to the west.

Disney’s New York Headquarters Completes Construction At 7 Hudson Square in Hudson Square, Manhattan

8:00 am on August 20, 2024 By Michael Young

Construction wraps up on The Walt Disney Company’s 22-story New York headquarters at 7 Hudson Square in Hudson Square, Manhattan. Designed by Skidmore, Owings & Merrill and developed by Silverstein Properties, the 338-foot-tall structure yields a total of 1.2 million square feet for new offices, film and production studios, and ground-floor retail space. Gensler served as the interior designer, and Lendlease served the general contractor for the ground-up project, which is alternately addressed as 137 Varick Street formerly addressed as 4 Hudson Square, and stands on an 85,600-square-foot full-block plot bound by Vandam Street to the north, Spring Street to the south, Varick Street to the east, and Hudson Street to the west.

Rendering of 1345 Third Avenue, the Northwell Health Medical Pavilion

1345 Third Avenue Nears Topping Out on Manhattan’s Upper East Side

8:00 am on August 8, 2024 By Michael Young

Construction is nearing topping out on the Victoria and Lloyd Goldman Health Care Pavilion, formerly called the Northwell Medical Pavilion, a 15-story medical facility for Lenox Hill Hospital at 1345 Third Avenue on Manhattan’s Upper East Side. Designed by Ennead Architects with EwingCole as the medical architect and developed by Northwell Health and The University Financing Foundation, the 200,000-square-foot outpatient center will stand nearly 215 feet tall and offer 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 East 77th Streets.

Renovation Work Wraps Up At 27 Park Place in Tribeca, Manhattan

7:30 am on August 6, 2024 By Michael Young and Matt Pruznick

Renovation work is finishing up on 27 Park Place, a five-story commercial building in Tribeca. Designed by Michael Schmitt Architect PC, the project involves a full interior and exterior refurbishment following a six-alarm fire that heavily damaged the structure in 2017. The property is bound by Murray Street to the north, Park Place to the south, and Church Street to the west.

1522 First Avenue’s Façade Nears Completion on Manhattan’s Upper East Side

8:00 am on July 23, 2024 By Michael Young

Façade installation is nearing completion on 1522 First Avenue, a 30-story medical office building in the Yorkville section of Manhattan’s Upper East Side. Designed by Perkins Eastman and developed by Extell, the 449-foot-tall structure will yield 400,000 square feet of Class A office space and retail space on the ground floor and cellar levels. The Hospital for Special Surgery will serve as the anchor tenant, occupying 200,000 square feet across the first eight stories of the building. The property is alternately addressed as 403 East 79th Street and is located between East 79th and 80th Streets.

Photograph of 580 Broadway, courtesy of Great Ink Media Relations

580 Broadway Closes On Refinancing Deal In Soho, Manhattan

7:00 am on July 21, 2024 By Max Gillespie

IPA Capital Markets, a division of Marcus & Millichap, announced the refinancing of 580 Broadway, a 12-story Class A office and retail property located in Soho, Manhattan. The refinancing package totaled $50 million. The building was constructed in 1900 and is located between Houston and Prince Streets. Maxi Capital Group, Sabal Investment Holdings, and GDSNY provided the $50 million office loan for the project.

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