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New York Korea Center Nears Completion at 122-126 East 32nd Street in Murray Hill, Manhattan

Construction is nearing completion on the New York Korea Center, the new seven-story home of the Consulate General of the Republic of Korea in New York at 122-126 East 32nd Street in Murray Hill. Designed by Samoo Architects and Engineers (SAMOO) and developed by Level Group, the 120-foot-tall structure will yield 36,500 square feet and is aiming for LEED Certification. KSK Construction Group is the general contractor for the property, which is located between Park Avenue South and Lexington Avenue.

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Main entry plaza at 1345 Avenue of the Americas - Courtesy of Fisher Brothers Management Company

Fisher Brothers Debut Newly Renovated Fisher Park at 1345 Avenue of the Americas in Midtown, Manhattan

Fisher Brothers have completed a large-scale improvement project at Fisher Park, a publicly accessible urban space at 1345 Avenue of the Americas in Midtown, Manhattan. The improvements include free public wifi, over 100 feet of bench seating, raised planters, tables and chairs throughout the plaza, and new granite pavers, steps, and lighting.

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New Dining Tenants Announced for MetLife Building at 200 Park Avenue in Midtown East, Manhattan

This week Tishman Speyer and Irvine Company revealed the next phase of renovations and capital improvements at the historic MetLife Building, with new food and beverage options set to debut in 2023. Located at 200 Park Avenue in Midtown East, Manhattan, the building’s new dining options will include the iconic Capital Grille, organic and fair-trade café Jack’s Stir Brew Coffee, Black Seed Bagels, as well as a pop-up run by Talea Beer Co., a woman-owned brewery based in Brooklyn.

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Demolition Underway for 550 Tenth Avenue in Hell’s Kitchen, Manhattan

Demolition has begun at 550 Tenth Avenue, the site of a 47-story residential skyscraper in Hell’s Kitchen. Designed by Handel Architects and developed by Gotham Organization and Goldman Sachs Asset Management JV, the 430,000-square-foot structure will yield 453 units, with 316 market-rate and 137 moderate- and middle-income homes, as well as 9,000 square feet of retail space and over 20,000 square feet of amenities. The building will also house 26,764 square feet of administrative office space for Covenant House. Wells Fargo and US Bank provided a $212 million construction loan and Lionheart Strategic Management assisted with $35 million in mezzanine financing for the project, which is located along Tenth Avenue between West 40th and 41st Streets.

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Excavation Underway for Journal Square Urby at 571-577 Pavonia Avenue in Jersey City, New Jersey

Excavation has begun at 571-577 Pavonia Avenue, the site of Journal Square Urby, a 25-story residential tower in the Journal Square section of Jersey City. Designed by HLW Architects and Amsterdam-based studio Concrete and developed by Ironstate Development, Panepinto Properties, and Kimmel, the 265-foot-tall structure will yield 317 residential units, a 2,607-square-foot cafe on the ground level, and 1,349 square feet of office space. The property is alternately addressed as 532 Summit Avenue and is located at the corner of Pavonia and Summit Avenues, a short walk from the Journal Square PATH station.

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