Office

Rendering of 295 Fifth Avenue with its new rooftop penthouse

Developers Complete 34,000-Square-Foot Penthouse Addition at 295 Fifth Avenue in Midtown, Manhattan

7:00 am on November 9, 2022 By Sebastian Morris

Construction is complete on a new two-story penthouse space atop 295 Fifth Avenue, a 16-story commercial building in Midtown South, Manhattan. Designed by Studios Architecture and developed by Tribeca Investment Group, PGIM Real Estate, and Meadow Partners, the 34,000-square-foot space will contain modern light-filled workspaces and multiple wraparound terraces with sweeping views of the Midtown skyline.

West End Labs’ Office and Laboratory Conversion Nears Completion on Manhattan’s Upper West Side

7:30 am on November 8, 2022 By Michael Young

Work is finishing up on West End Labs at 125 West End Avenue, an eight-story commercial building on Manhattan’s Upper West Side. Designed by Taconic Partners, Jaros, Baum & Bolles (JB&B), and Perkins+Will and developed by Taconic and Nuveen Real Estate, the project involves the full re-cladding of the structure’s exterior and conversion of its 400,000 square feet of interiors into a life sciences and research laboratory. CBRE is leading marketing and leasing and JRM Construction Management is the general contractor for the property, which is located at the corner of West 66th Street and West End Avenue, a short walk from Riverside Park South.

425 Park Avenue. Rendering by Dbox, courtesy of Foster + Partners

YIMBY Scopes Views From Foster + Partners’ 425 Park Avenue in Midtown East, Manhattan

8:00 am on November 7, 2022 By Michael Young

YIMBY toured 425 Park Avenue, a completed 47-story commercial skyscraper in Midtown East and the first new full-block building constructed along Park Avenue’s Plaza District in nearly half a century. Designed by Lord Norman Foster of Foster + Partners and developed by L&L Holding Company, Tokyu Land Corporation, and co-managing partner BentallGreenOak, the 897-foot-tall tower yields 667,000 square feet of flexible Class A office space with panoramic views up and down Park Avenue and over Midtown, Manhattan. Adamson Associates Architects was the architect of record, WSP was the structural and MEP engineer, R&R Scaffolding provided the BMU, and Tishman Construction was the construction manager for the property, which is located between East 55th and East 56th Streets.

Excavation Begins for 1 St. Mark’s Place in East Village, Manhattan

8:00 am on November 5, 2022 By Michael Young

Excavation has begun at 1 St. Mark’s Place, the site of a nine-story commercial building in the East Village. Designed by Morris Adjmi Architects and developed by Real Estate Equities Corporation, the structure will yield 53,000 square feet of office space and approximately 7,700 square feet of ground-floor retail space. The Rinaldi Group of New York is the general contractor, SDG Engineering PC is the structural engineer, and ICOR Associates is the MEPS engineer for the property, which is alternately addressed as both 3 St. Mark’s Place and 23-25 Third Avenue and is located at the corner of St. Mark’s Place and Third Avenue.

Rendering of 1520 First Avenue in Upper East Side, Manhattan - Extell Development

Extell Lands $425M Loan for 30-Story Tower at 1520 First Avenue on Manhattan’s Upper East Side

7:00 am on October 31, 2022 By Sebastian Morris

Extell Development Company has closed on $425 million construction loan to complete a mixed-use high-rise at 1520 First Avenue on Manhattan’s Upper East Side. The 30-story building will include a mix of medical and commercial office space with frontage along East 80th and East 81st Streets.

425 Park Avenue Celebrates Grand Opening in Midtown East, Manhattan

8:00 am on October 28, 2022 By Michael Young

YIMBY attended the official opening ceremony of 425 Park Avenue, a 47-story commercial skyscraper in Midtown East and the first new full-block building to be built along Park Avenue’s Plaza District in nearly half a century. Designed by Norman Foster of Foster + Partners and developed by L&L Holding Company, Tokyu Land Corporation, and co-managing partner BentallGreenOak, the 897-foot-tall structure yields 667,000 square feet of column-free Class A office space with design flexibility and panoramic views up and down Park Avenue. Adamson Associates Architects was the architect of record, WSP was the structural and MEP engineer, R&R Scaffolding provided the BMU, and Tishman Construction was the construction manager for the project, which is located between East 55th and East 56th Streets.

540 Fulton Street, designed by Marvel Architects

The Paxton’s Façade Nears Completion at 540 Fulton Street in Downtown Brooklyn

8:00 am on October 27, 2022 By Michael Young

Exterior work is nearing completion 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 tower will yield 330,000 square feet with 327 residential units in studio to three-bedroom layouts, 137,075 square feet of commercial space, and 33,000 square feet of retail space in the multi-story podium. M.N.S. is handling sales and marketing for the residential component of the property, which is located by the intersection of Flatbush Avenue and Fulton Street.

50 Hudson Yards Celebrates Grand Opening in Hudson Yards, Manhattan

8:00 am on October 26, 2022 By Michael Young

Last Wednesday, developers Related Companies, Mitsui Fudosan America, and Oxford Properties celebrated the grand opening of 50 Hudson Yards, a 78-story supertall commercial skyscraper in Hudson Yards. Designed by Foster + Partners, the 1,011-foot-tall structure is the largest building by volume in the first phase of the Hudson Yards complex and the fourth-largest in the city overall, yielding 2.9 million feet of office space. ArcelorMittal provided the steel components, R&R Scaffolding provided the BMU equipment, Langan Engineering is the civil and environmental engineer, and WSP is the structural and MEP engineer for the $3.8 billion project, which occupies a full block bound by West 34th Street to the north, West 33rd Street to the south, Tenth Avenue to the east, and Hudson Boulevard to the west.

141 Willoughby Street Wraps Up Construction in Downtown Brooklyn

8:00 am on October 24, 2022 By Michael Young

Construction is nearing completion on 141 Willoughby Street, a 24-story commercial building in Downtown Brooklyn. Designed by Fogarty Finger with SLCE as the executive architect and developed by Savanna Real Estate, the structure will yield 400,000 square feet of Class A offices and lower-level retail space. Gilbane Building Company and Savcon are the general contractors, Thornton Tomasetti is the structural engineer, and AKF Group is the MEP engineer for the property, which stands on a trapezoidal plot bound by Willoughby Street to the south, Flatbush Avenue Extension to the east, and Gold Street to the west.

Curtain Wall Installation Begins on FIT’s New Academic Building at 220 West 28th Street in Chelsea, Manhattan

8:00 am on October 21, 2022 By Michael Young

Façade installation has begun on Fashion Institute of Technology‘s New Academic Building, a ten-story structure at 220 West 28th Street in Chelsea, Manhattan. Designed by SHoP Architects, the 110,000-square-foot facility is planned to achieve LEED Gold certification and will feature new classrooms, administrative offices, review and exhibition spaces, and a student quad illuminated by skylights. EE Cruz & Company did the foundations and Forte Construction Corp. is serving as the general contractor for the property, which is located between Seventh and Eighth Avenues.

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