Office

550 Madison Avenue Officially Unveils New Lobby in Midtown East, Manhattan

YIMBY attended the recent unveiling of the newly renovated lobby of 550 Madison Avenue, a 37-story, 684-foot-tall office skyscraper in Midtown East. Designed by Gensler and developed by The Olayan Group and RXR Realty, the project involves a 21,000-square-foot indoor-outdoor overhaul of the 1984 postmodern landmark from Philip Johnson and John Burgee. In addition to the updated lobby, which features an art installation from Polish-German contemporary visual artist Alicja Kwade called Solid Sky, the undertaking will also provide a new café, elevated and ground-level landscaping, expanded seating with additional tables, and public restrooms. 550 Madison Avenue spans between East 55th and 56th Streets.

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270 Park Avenue

270 Park Avenue’s First Office Levels Begin Formation in Midtown East, Manhattan

Construction has reached the first office levels of JP Morgan Chase‘s new 1,388-foot supertall headquarters at 270 Park Avenue in Midtown East. Steel assembly on the gargantuan ground floor has reached the eastern end of the rectangular parcel, while the rest of the flaring diagonal columns complete the outline of the base. This week, workers began to weld the first set of vertical columns and diagonal beams above the ground floor, which will become trading floors in the first tier of floor plates in the 2.5-million-square-foot behemoth. Tishman Construction is the general contractor for the project, located between Park and Madison Avenues and 47th and 48th Streets.

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125 West End Avenue. Courtesy of Taconic Partners

Curtain Wall Installation Progresses on 125 West End Avenue on Manhattan’s Upper West Side

Construction continues to advance at 125 West End Avenue, a conversion of an eight-story building into a 400,000-square-foot, state-of-the-art life sciences and research laboratory on Manhattan’s Upper West Side. Designed by Perkins+Will and developed by Taconic Partners, Nuveen Real Estate, and LaSalle Investment Management, the project will be the largest life science development in NYC since the Alexandria Center at 430 East 29th Street, and will help meet the growing demand for occupancy-ready, pre-built lab space in the city. JB&B is leading engineering, JRM Construction is managing construction, and CBRE is handling leasing. The property is located on the west side of the avenue between West 65th and 66th Streets.

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Tangram House West Nears Completion in Downtown Flushing, Queens

Sales recently kicked off for Tangram House West as the mixed-use development nears completion in Downtown Flushing, Queens. Developed in a joint partnership between F&T Group and SCG America and designed by Margulies Hoelzli Architecture, Tangram yields 1.2 million square feet with retail, residential, office, and hotel components. Bound by College Point Boulevard, Prince Street, and 37th and 39th Avenues, the 13-story building at 133-27 39th Avenue has 132 residential units. Inventory mix breaks down to 105 studio and one-to-two-bedroom residences, plus 27 penthouses ranging from one- to four-bedrooms layouts.

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