Office

125 West 57th Street Approaches Final Floors in Midtown, Manhattan

8:00 am on February 10, 2024 By Michael Young and Matt Pruznick

Construction is nearing topping out on 125 West 57th Street, a 26-story commercial building on Billionaires’ Row in Midtown, Manhattan. Designed by FXCollaborative and developed by Alchemy-ABR Investment Partners and Cain International, the 440-foot-tall structure will span 260,000 square feet and yield 185,000 square feet of Class A office space, 7,000 square feet of retail space, and a new home for the Calvary Baptist Church, which has operated on the site since 1883 and sold the property to the developers for $150 million in 2017. Leading Builders Group is the general contractor for the project, which is located on an interior lot between Sixth and Seventh Avenues between Christian de Portzamparc‘s One57 and SHoP Architects‘ 111 West 57th Street.

Two Manhattan West Completes Construction in Midtown West, Manhattan

8:00 am on February 7, 2024 By Michael Young and Matt Pruznick

Last week, Skidmore Owings & Merrill and Brookfield Properties announced the completion of Two Manhattan West, a 58-story commercial skyscraper in Midtown West. The 935-foot-tall structure yields 1.9 million square feet of office space and is the final component of the 7-million-square-foot Manhattan West complex, a $4.5 billion, five-building master plan more than 40 years in the making. R&R Scaffolding Ltd. supplied the BMUs and AECOM Tishman served as the general contractor for Two Manhattan West, which is located at the corner of Ninth Avenue and West 31st Street, between the James A. Farley Building to the east and Hudson Yards to the west.

Le Gallerie Progresses at 132 West 14th Street in Greenwich Village, Manhattan

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

Exterior work is progressing on Le Gallerie, a seven-story commercial building at 132 West 14th Street in Greenwich Village, Manhattan. Designed and developed by KPG Funds, the project involves the gut renovation and re-cladding of a structure that formerly served as an auxiliary space for the adjacent Salvation Army headquarters, and will yield 57,478 feet of Class A office and retail space, as well as a ground-floor art gallery. 132 West 14th Street Ground Lessee LLC is listed as the owner and MJM Associates Construction is the general contractor for the development, which is located on an interior lot between Sixth and Seventh Avenues.

Pratt Institute To Relocate Graduate Facilities To Dock 72 In Brooklyn Navy Yard

7:00 am on January 30, 2024 By Max Gillespie

Pratt Institute is set to relocate its graduate facilities in Fine Arts and Photography to Dock 72, a workplace at Brooklyn Navy Yard. The announcement was made today by BXP and Rudin.

Render of 120 Park Avenue renovation, courtesy of BerlinRosen

120 Park Avenue Modernization Begins in Midtown, Manhattan

7:00 am on January 28, 2024 By Max Gillespie

Construction has begun on the first phase of the redevelopment of 120 Park Avenue, a 26-story commercial building in Midtown, Manhattan across from Grand Central Terminal. Designed by MdeAS Architects and developed by Global Holdings, the project involves renovations to the building’s façade and the construction of new double-height loggia terraces on the fifth and sixth floors of the Class A office building. Turner Construction is the general contractor for the property, which is located at the intersection of Park Avenue and 42nd Street.

Rendering of M Station complex, via M Station At Morristown

M Station West Tops Out In Morristown, New Jersey

7:00 am on January 22, 2024 By Max Gillespie

SJP Properties and Scotto Properties celebrated the topping out of M Station West, a seven-story commercial building in Morristown, New Jersey. Designed by Gensler, the structure will add 260,000 square feet to the M Station complex, joining the six-story, 120,000-square-foot M Station East, which was completed in July 2022. The developers are aiming for LEED certification.

FIT’s New Academic Building Nears Completion at 220 West 28th Street in Chelsea, Manhattan

8:00 am on January 21, 2024 By Michael Young and Matt Pruznick

Work is nearing completion on Fashion Institute of Technology‘s ten-story New Academic Building at 220 West 28th Street in Chelsea, Manhattan. Designed by SHoP Architects, the 110,000-square-foot structure is engineered to LEED Gold standards and will yield new classrooms, administrative offices, review and exhibition spaces, and a student quad illuminated by skylights. Forte Construction Corp. is the general contractor for the property, which stands on a shallow plot between Seventh and Eighth Avenues on the northernmost edge of the FIT campus.

Mulligan Security Expands Lease At 7 Penn Plaza In Chelsea, Manhattan

7:30 am on January 20, 2024 By Max Gillespie

National real estate investment firm The Feil Organization has announced that private security and fire safety contractor Mulligan Security has expanded its lease at 7 Penn Plaza in Chelsea, Manhattan. The company will extend its lease for 12 years and expand its footprint by 15,788 square feet, bringing its total occupancy to 24,788 square feet.

Avison Young Arranges Sale Of 803 Madison Avenue on Manhattan’s Upper East Side

7:30 am on January 19, 2024 By Max Gillespie

Avison Young has facilitated the sale of a vacant mixed-use building at 803 Madison Avenue on Manhattan‘s Upper East Side for $14.5 million. The property, previously occupied by lingerie brand LaPerla until 2021, was sold on behalf of the owner, Philip Sprayregen.

Construction Finishes At 300 Huntington Street in Gowanus, Brooklyn

8:00 am on January 17, 2024 By Michael Young

Construction is finished at 300 Huntington Street, a new six-story commercial building in Gowanus, Brooklyn. Designed by Dattner Architects and Bernheimer Architecture and developed and built by Monadnock Development as their new permanent headquarters. The 136,000-square-foot structure will yield 80,000 square feet of office space, 12,290 square feet of retail space, a 3,470-square-foot industrial workshop, 5,780 square feet of unspecified building service area, and a 15,490-square-foot rear yard dedicated to the anchor tenant. The property is the first and only new ground-up commercial office complex in the neighborhood and is bound by Huntington Street to the north, 9th Street to the south, the Gowanus Canal to the east, and Smith Street to the east. There is also a new waterfront esplanade spanning over 8,700 square feet which was designed by SCAPE Landscape Architecture.

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