The Newark Planning Board has approved an 11-building mixed-use complex located on the former Newark Bears & Eagles Riverfront Stadium campus. The 10.5-acre development site hugs the shore of the Passaic Riverfront and will be completed in nine distinct phases as CitiSquare Newark.
At number one on our year-end countdown is Skidmore Owings & Merrill‘s mixed-use supertall at 175 Park Avenue in Midtown East, which earlier this month gained approval from the New York City Council. Developed by RXR Realty and TF Cornerstone, the 85-story tower has been reduced in height from 1,642 to 1,575 feet, still enough to surpass Central Park Tower for the title of tallest building in New York by roof height. 175 Park Avenue will eventually rise from the site of the Grand Hyatt hotel between the 108-year-old Beaux Arts Grand Central Terminal and the 91-year-old Art Deco Chrysler Building. The structure will yield 2.1 million square feet of Class A office space; 500 Hyatt hotel rooms on the upper floors spanning 453,000 square feet; 10,000 square feet of retail space on the ground, cellar, and second levels; and an elevated, 25,000-square-foot publicly accessible plaza space populated with artwork and views overlooking the surrounding Midtown streets.
Superstructure work is continuing for 270 Park Avenue, JPMorgan Chase‘s upcoming 1,388-foot, 70-story supertall headquarters in Midtown East and number four on our year-end construction countdown. The project spans a full block between Park and Madison Avenues and 47th and 48th Streets, and will yield 2.5 million square feet of office space.
At number five on our year-end countdown is 570 Fifth Avenue, a mixed-use skyscraper in Midtown. Last week it was revealed that Extell filed permits to develop a ground-up structure with a maximum architectural height of 1,100 feet and 78 floors, making it a potential supertall structure standing on a 43,011-square-foot corner plot bound by Fifth Avenue and West 46th Street. The parcel itself has been sitting cleared and vacant for quite some time, but that will soon change as plans for this latest skyscraper get underway. No architect has been revealed for the project, or what interior functions will be housed inside, though a series of zoning and massing diagrams and ground-floor plans give us an idea about the scale of this mammoth edifice.
Melio is the first company to join Zero Irving, Union Square’s vertical technology campus and small business incubator. The fintech firm’s new office space will occupy 25,000 square feet spread across the building’s 15th and 16th floors.
Notifications