Office

27 Park Place’s Renovation Nears Completion in Tribeca, Manhattan

7:30 am on June 27, 2023 By Michael Young and Matt Pruznick

Renovation work is nearing completion 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. Empire State Development is the general contractor for the property, which is bound by Murray Street to the north, Park Place to the south, and Church Street to the west.

Construction now underway at 601 Midland Avenue (LoopNet)

New York Blood Center Breaks Ground on Commercial Campus in Westchester County

7:00 am on June 27, 2023 By Sebastian Morris

New York Blood Center Enterprises will soon open its first vertical campus in Westchester County, New York, where construction broke ground this month. Located at 601 Midland Avenue in Rye, the existing building will be gutted and transformed to accommodate state-of-the-art life sciences research space, blood collections tools, and cell therapy manufacturing facilities.

Demolition Nears Completion for PENN15 Supertall at 15 Penn Plaza in Midtown, Manhattan

8:00 am on June 26, 2023 By Michael Young and Matt Pruznick

Demolition is progressing toward street level on the Hotel Pennsylvania, which is being razed to make way for PENN15, a 1,200-foot commercial supertall at 15 Penn Plaza in Midtown, Manhattan. Designed by Foster + Partners and developed by Vornado Realty Trust, the 56-story skyscraper will yield 2.7 million square feet of office space and will stand as the centerpiece of the massive 7.4-million-square-foot Penn District master plan. Northstar Contracting Group is the demolition contractor for the Hotel Pennsylvania, which is located along Seventh Avenue between West 32nd and 33rd Streets.

Exterior rendering of The Crosby - Courtesy of KPG Funds

Developer Secures $50 Million to Complete The Crosby Office Building at 40 Crosby Street in Soho, Manhattan

7:00 am on June 18, 2023 By Sebastian Morris

KPG Funds has secured a $50 million construction loan to complete The Crosby, a new boutique office building in Soho. Located at 40 Crosby Street, the five-story building will comprise 52,000 square feet of office space and an 18,000-square-foot retail space on the ground floor.

Evening view of One Willoughby Square - Photo by David Sundberg Esto

Brooklyn’s One Willoughby Square Scores Highest LEED Interior Rating in USA

7:30 am on June 17, 2023 By Sebastian Morris

Downtown Brooklyn’s One Willoughby Square high-rise has achieved the highest LEED Platinum interior score in the country. Designed by FXCollaborative for JEMB Realty, the 34-story office tower comprises 40,000 square feet, an amenity suite, and a collection of high-efficiency systems that improve the structure’s energy performance, as well as the interior air quality.

540 Fulton Street, designed by Marvel Architects

The Paxton Wraps Up Construction at 540 Fulton Street in Downtown Brooklyn

8:00 am on June 15, 2023 By Michael Young and Matt Pruznick

Construction is finishing up on The Paxton, a 43-story mixed-use skyscraper at 540 Fulton Street in Downtown Brooklyn. Designed by Marvel Architects and developed by Jenel Management, the 511-foot-tall structure spans 330,000 square feet and will yield 327 rental units in studio to three-bedroom layouts, as well as 137,075 square feet of office space and 33,000 square feet of retail space in the multi-story podium. MNS is handling sales and marketing for the homes at the property, which is located by the intersection of Flatbush Avenue and Fulton Street.

1162 Broadway’s Façade Begins to Emerge from Scaffolding in NoMad, Manhattan

7:30 am on June 13, 2023 By Michael Young

Exterior work is getting closer to completion on 1162 Broadway, a 13-story commercial building in the Madison Square North Historic District of NoMad, Manhattan. Designed by Morris Adjmi Architects and developed by 1162 Broadway LLC, the 185-foot-tall structure will yield Class A office space and 1,800 square feet for a restaurant on the ground floor and cellar level. On Star Management is the general contractor for the property, which is located between West 27th and 28th Streets.

29 Jay Street Tops Out in DUMBO, Brooklyn

8:00 am on June 11, 2023 By Michael Young and Matt Pruznick

Construction has topped out on 29 Jay Street, an 11-story commercial building in Brooklyn‘s DUMBO Historic District. Designed by Marvel Architects and developed by Jay Street Office LLC, the 150-foot-tall structure will yield 225,000 square feet of office space. Sciame Construction is the general contractor for the property, which is located at the northeast corner of Jay and Plymouth Streets.

Daytime rendering of the Hoboken Connect office tower

LCOR Reveals Renderings for Hoboken Connect High-Rise Office Building in New Jersey

7:30 am on June 10, 2023 By Sebastian Morris

LCOR has revealed new renderings of Hoboken Connect, a 704,000-square-foot office tower now rising near the waterfront edge of Hoboken, New Jersey. The development is located at the corner of Hudson Street and Hudson Place, just steps from the Hoboken Path station.

Evening rendering of Terminal Warehouse in West Chelsea - Credit COOKFOX

Terminal Warehouse Redevelopment Tops Out at 261 Eleventh Avenue in West Chelsea, Manhattan

7:00 am on June 8, 2023 By Sebastian Morris

Construction has fully topped out on Terminal Warehouse, a seven-story commercial addition above a historic building at 261 Eleventh Avenue in West Chelsea, Manhattan. Designed by COOKFOX Architects and developed in collaboration by L&L Holding Company and Columbia Property Trust, the building will comprise 1.3 million square feet of Class-A office and retail space.

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