Office

Façade Reaches Pinnacle of JPMorgan Chase Headquarters at 270 Park Avenue in Midtown East, Manhattan

8:00 am on August 26, 2024 By Michael Young and Matt Pruznick

Façade installation has reached the roof parapet of JPMorgan Chase’s 1,388-foot supertall headquarters at 270 Park Avenue in Midtown East. Designed by Lord Norman Foster of Foster + Partners with Adamson Associates as the architect of record and developed by Tishman Speyer, the 60-story skyscraper will yield 2.5 million square feet of office space with a capacity of 15,000 employees, and will become the tallest structure in New York completely powered by hydroelectric energy. The property 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.

Disney’s New York Headquarters Completes Construction At 7 Hudson Square in Hudson Square, Manhattan

8:00 am on August 20, 2024 By Michael Young

Construction wraps up on The Walt Disney Company’s 22-story New York headquarters at 7 Hudson Square in Hudson Square, Manhattan. Designed by Skidmore, Owings & Merrill and developed by Silverstein Properties, the 338-foot-tall structure yields a total of 1.2 million square feet for new offices, film and production studios, and ground-floor retail space. Gensler served as the interior designer, and Lendlease served the general contractor for the ground-up project, which is alternately addressed as 137 Varick Street formerly addressed as 4 Hudson Square, and stands on an 85,600-square-foot full-block plot bound by Vandam Street to the north, Spring Street to the south, Varick Street to the east, and Hudson Street to the west.

Rendering of 1345 Third Avenue, the Northwell Health Medical Pavilion

1345 Third Avenue Nears Topping Out on Manhattan’s Upper East Side

8:00 am on August 8, 2024 By Michael Young

Construction is nearing topping out on the Victoria and Lloyd Goldman Health Care Pavilion, formerly called the Northwell Medical Pavilion, a 15-story medical facility for Lenox Hill Hospital at 1345 Third Avenue on Manhattan’s Upper East Side. Designed by Ennead Architects with EwingCole as the medical architect and developed by Northwell Health and The University Financing Foundation, the 200,000-square-foot outpatient center will stand nearly 215 feet tall and offer specialized cancer care services, imaging and lab testing, cardiac care, neuroscience programs, a sleep study center, acute and chronic disease management, social work services, and more. The $450 million project is located in Lenox Hill between East 76th and East 77th Streets.

Renovation Work Wraps Up At 27 Park Place in Tribeca, Manhattan

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

Renovation work is finishing up 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. The property is bound by Murray Street to the north, Park Place to the south, and Church Street to the west.

1522 First Avenue’s Façade Nears Completion on Manhattan’s Upper East Side

8:00 am on July 23, 2024 By Michael Young

Façade installation is nearing completion on 1522 First Avenue, a 30-story medical office building in the Yorkville section of Manhattan’s Upper East Side. Designed by Perkins Eastman and developed by Extell, the 449-foot-tall structure will yield 400,000 square feet of Class A office space and retail space on the ground floor and cellar levels. The Hospital for Special Surgery will serve as the anchor tenant, occupying 200,000 square feet across the first eight stories of the building. The property is alternately addressed as 403 East 79th Street and is located between East 79th and 80th Streets.

Photograph of 580 Broadway, courtesy of Great Ink Media Relations

580 Broadway Closes On Refinancing Deal In Soho, Manhattan

7:00 am on July 21, 2024 By Max Gillespie

IPA Capital Markets, a division of Marcus & Millichap, announced the refinancing of 580 Broadway, a 12-story Class A office and retail property located in Soho, Manhattan. The refinancing package totaled $50 million. The building was constructed in 1900 and is located between Houston and Prince Streets. Maxi Capital Group, Sabal Investment Holdings, and GDSNY provided the $50 million office loan for the project.

644 West Putnam Avenue, via Simone Development Companies

Lease Extension Signed At 644 West Putnam Avenue In Greenwich, Connecticut

7:30 am on July 12, 2024 By Max Gillespie

Simone Development Companies and Fareri Associates have announced that Summit Health, a physician-led, patient-centric healthcare network, has signed a long-term lease renewal and expansion at 644 West Putnam Avenue in Greenwich, Connecticut. The agreement will see Summit Health renew its existing 14,243-square-foot space on the ground and second floors while adding an additional 5,610 square feet on the second floor, bringing the total leased space to 19,853 square feet.

520 Fifth Avenue’s Arched Façade Climbs Higher in Midtown, Manhattan

8:00 am on July 11, 2024 By Michael Young

Vertical construction and façade installation are progressing on 520 Fifth Avenue, an 88-story residential supertall skyscraper in Midtown, Manhattan. Designed by Kohn Pedersen Fox and developed by Rabina, the 1,002-foot-tall structure will span 415,000 square feet and yield 100 condominium units, a residents-only amenity floor on level 88, boutique office floors, a private members-only club called Moss, and four cellar levels. The project is located at the corner of Fifth Avenue and West 43rd Street, one block north of Bryant Park.

Rolex USA Headquarters Rises Above Street Level at 665 Fifth Avenue in Midtown, Manhattan

8:00 am on July 8, 2024 By Michael Young

Construction is rising on 665 Fifth Avenue, a 469-foot-tall commercial building that will house the US headquarters for Rolex in Midtown, Manhattan. Designed by David Chipperfield Architects with Adamson Associates as the architect of record and developed by the Rolex Realty Company, the 28-story structure will yield 199,000 square feet of office and retail space for the world-famous watchmaker. The property is located at the corner of Fifth Avenue and East 53rd Street.

Photograph of 51W52, by Colin Miller Photos

144,312-Square-Foot Lease Renewal Signed At 51 West 52nd Street In Midtown East, Manhattan

7:30 am on July 6, 2024 By Max Gillespie

International law firm Orrick, Herrington & Sutcliffe has renewed its lease at 51W52, also known as Black Rock, a 900,000-square-foot, 38-story building located at 51 West 52nd Street in Midtown, Manhattan. The firm will continue to occupy 144,312 square feet on floors 17 and 20 through 24 for the next 15 years. The building, originally designed by architect Eero Saarinen as the headquarters of CBS, recently underwent a $128 million renovation led by the building’s owner, HGI.

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