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New Rendering Released for 350 Park Avenue Supertall in Midtown East, Manhattan

8:00 am on January 10, 2023 By Michael Young and Matt Pruznick

A new rendering has been released for 350 Park Avenue, a proposed 1,350-foot commercial supertall in Midtown East, Manhattan. Designed by Norman Foster of Foster + Partners and developed by Vornado Realty Trust and Rudin Management, the 51-story structure is planned to yield 1.7 million square feet of office space, of which the hedge fund Citadel LLC is slated to occupy roughly 54 percent. The project site is bound by East 52nd Street to the north, East 51st Street to the south, and Park Avenue to the east.

76 Eighth Avenue Completes Construction in Greenwich Village, Manhattan

8:00 am on January 8, 2023 By Michael Young

Construction is complete on 76 Eighth Avenue, a ten-story commercial building in Greenwich Village. Designed by Gene Kaufman Architect and developed by Sang Lee, Noviprop, and Plus Development, the 120-foot-tall structure yields 30,000 square feet of office space and ground-floor retail. RAAD Studios designed the lobby and Plus Design Studios designed the interiors of the building, which is located at the corner of Eighth Avenue and West 14th Street, straddling the intersection of the Meatpacking District and Chelsea.

660 Fifth Avenue’s Re-cladding Wraps Up in Midtown, Manhattan

8:00 am on January 4, 2023 By Michael Young

Exterior renovation work is complete on 660 Fifth Avenue, a 39-story commercial tower in Midtown, Manhattan. Designed by Kohn Pedersen Fox and developed by Brookfield Properties, which purchased the building from Kushner Companies for $1.3 billion in 2018, the $400 million project involves the modernization of the structure’s 1.25 million square feet of office space and full replacement of its mid-century façade with a new glass curtain wall. The overhaul is also expected to achieve LEED Gold certification and a WELL Health Safety rating. Turner Construction Company is the general contractor and Cushman & Wakefield is the exclusive leasing agent for the building, which is located between West 52nd and 53rd Streets and was formerly addressed as 666 Fifth Avenue.

111 Wall Street’s New Façade Approaches Halfway Mark in Financial District, Manhattan

8:00 am on January 3, 2023 By Michael Young

Renovation work is progressing on 111 Wall Street, a 25-story commercial building in Manhattan’s Financial District. Designed by STUDIOS Architecture and developed by Wafra Capital Partners and The Nightingale Group, the $100 million project involves the full replacement of the structure’s mid-century façade, gut renovation of its 1.5 million square feet of office space, and the construction of an expanded lobby and amenity spaces designed by URBN Playground. Hunter Roberts Construction Group is the general contractor and JLL is handling leasing for the property, which is bound by Wall Street and Mannahatta Park to the northeast, Front Street to the northwest, South Street and the FDR Drive to the southeast, and Gouverneur Lane to the southwest.

PENN2’s Overhaul Continues at Two Penn Plaza in Midtown, Manhattan

8:00 am on January 1, 2023 By Michael Young

Work continues on the renovation of PENN2, a 31-story mid-century commercial building at Two Penn Plaza in Midtown, Manhattan. Designed by MdeAS Architects and developed by Vornado Realty Trust, the project involves a full-scale overhaul of the 412-foot-tall structure’s 1.61 million square feet of office space, replacement of its façade with a modern glass curtain wall, and the construction of a multi-story cantilevering volume along Seventh Avenue. GMSLLP is the façade consultant and Turner Construction Company and Skanska are the contractors for the property, which is located between West 31st and West 33rd Streets and a central part of the Penn District revitalization that will transform the area surrounding Penn Station and Madison Square Garden.

270 Park Avenue Soars Past First Setback in Midtown East, Manhattan

8:00 am on December 31, 2022 By Michael Young

The tallest building on our year-end construction countdown is 270 Park Avenue, JPMorgan Chase‘s 1,388-foot supertall headquarters in Midtown East. Designed by Lord Norman Foster of Foster + Partners and developed by Tishman Speyer, the 70-story skyscraper will yield 2.5 million square feet of office space and accommodate 15,000 employees, and will become the tallest building in New York powered completely by hydroelectric energy. Adamsom Associates is the architect of record, Banker Steel provided the steelwork, NYC Constructors is the steel subcontractor, Mueser Rutledge Consulting Engineers (MRCE) designed the structural foundation elements, Severud Associates is the engineer of record, R&R Scaffolding Ltd. will provide the BMU, and AEOCOM Tishman is the general contractor for the property, which occupies a full city block bound by East 48th Street to the north, East 47th Street to the south, Park Avenue to the east, and Madison Avenue to the west.

Demolition Progresses for 1,200-Foot PENN15 at 15 Penn Plaza in Midtown, Manhattan

8:00 am on December 30, 2022 By Michael Young

The second-tallest building on our year-end construction countdown is PENN 15, 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 stand as the centerpiece of the 7.4-million-square-foot Penn District master plan. Northstar Contracting Group is the demolition contractor for the property, which is located along Seventh Avenue between West 32nd and 33rd Streets.

Demolition Concludes for Extell’s Potential Supertall at 570 Fifth Avenue in Midtown, Manhattan

8:00 am on December 29, 2022 By Michael Young

At number three on our December countdown of the tallest buildings underway in New York is 570 Fifth Avenue, a potential 1,101-foot supertall in Midtown, Manhattan. Developed by Extell, the skyscraper could rise 78 stories and span 1.4 million square feet with hotel and condominium components. Alternately, the plot could give rise to an 860-foot-tall, 47-story office tower yielding more than 1.5 million square feet. ALBA Services is the general contractor for the property, which is located at the northwest corner of Fifth Avenue and West 46th Street.

Rendering of the new town square in Riverhead, Long Island

New York State Awards $20M to Support Community Projects in Riverhead and Amityville, Long Island

7:00 am on December 27, 2022 By Sebastian Morris

Riverhead and Amityville, a pair of small towns in Suffolk County, Long Island, are the latest recipients of a $10 million Downtown Revitalization Initiative (DRI) award from New York State agencies. The initiative is described as an economic development program and is backed by the Department of State, Empire State Development, the New York State Homes and Community Renewal, and NYSERDA.

Updated rendering of proposed property at 14th Street and Ninth Avenue - BKSK Architects

44-54 Ninth Avenue’s Expansion Tops Out in Chelsea, Manhattan

7:30 am on December 26, 2022 By Michael Young

Construction has topped out on 44-54 Ninth Avenue, an eight-story commercial expansion project on the border of Chelsea, the Meatpacking District, and the West Village. Designed by BKSK Architects for Tavros Capital, the development involves the construction of a new office volume and the restoration of a row of a landmarked townhomes. Broadway Construction is the general contractor for the property, which is alternately addressed as 351-355 West 14th Street and located at the intersection of West 14th Street and Ninth Avenue.

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