New renderings have been revealed for The Rolex Building, a 30-story office tower nearing completion at 665 Fifth Avenue in Midtown, Manhattan. Designed by David Chipperfield Architects and developed by the Rolex Realty Company, the 469-foot-tall structure will bring 165,000 square feet of office and retail space to the southeast corner of Fifth Avenue and East 53rd Street.
New renderings have been revealed for the proposed 29-story office-to-residential conversion and vertical expansion of 609 Fifth Avenue in Midtown East, Manhattan. Designed by Rafael Viñoly Architects and developed in a joint venture between RJ Capital Holdings and Top Rock Holdings, the project would more than double the height of the existing 14-story office structure from 187 feet to 408 feet tall and increase its square footage by 93,000 to nearly 226,000 square feet. The revamped building is slated to yield 66 condominium units. The property is alternately addressed as 4 East 49th Street and located at the southeast corner of Fifth Avenue and East 49th Street.
Vertical progress is underway on 70 Hudson Yards, a 52-story commercial skyscraper in Hudson Yards, Manhattan. Designed by Roger Ferris + Partners and Gensler and developed by Related Companies and Oxford Properties, the 832-foot-tall structure is planned to become New York’s first zero-carbon-emission skyscraper and will yield just under 1.4 million square feet of office space. The property is alternately addressed as 514 West 36th Street and located along Hudson Boulevard East between by West 35th and 36th Streets.
Excavation and foundations are progressing at 343 Madison Avenue, the site of a 49-story commercial skyscraper in Midtown East, Manhattan. Designed by Kohn Pedersen Fox and developed by BXP, the 844-foot-tall structure will yield 950,000 square feet of office space and a collection of tenant amenities. The property is located between East 44th and 45th Streets.
Real estate development and investment firm Global Holdings has secured a $450 million refinancing for 1250 Broadway, a 39-story office tower in NoMad, Manhattan. Branded as Nomad Tower, the property is a LEED Platinum-certified office building located along Broadway between West 31st and West 32nd Streets. Wells Fargo originated the three-year fixed-rate loan, which was structured as a Green Bond, while Eastdil Secured advised on the transaction. Proceeds from the financing will retire existing debt on the property.
