Office

Demolition Begins for Rolex Headquarters at 665 Fifth Avenue in Midtown, Manhattan

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

Demolition has begun on 665 Fifth Avenue, where Rolex is replacing its former 12-story International Style headquarters with a modern 21-story tower in Midtown. Designed by David Chipperfield Architects and developed by Rolex Realty Company LLC, the new building will feature office space and retail frontage. Howard I. Shapiro & Associates filed permits last summer for the project, which is located on an 11,050-square-foot parcel at the intersection of Fifth Avenue and East 53rd Street.

125 West End Avenue’s New Curtain Wall Nears Completion on Manhattan’s Upper West Side

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

Façade work is nearing completion on 125 West End Avenue, an eight-story building on Manhattan’s Upper West Side. Designed by Taconic Partners, Jaros, Baum & Bolles (JB&B), and Perkins+Will, the project involves the re-cladding and interior renovation of the 400,000-square-foot structure into a life sciences and research laboratory. The 3.4-acre complex was originally constructed as an automotive facility for the Chrysler Motor Company and was later occupied by Walt Disney/ABC broadcasting company, but had sat vacant since early 2021. Taconic and Nuveen Real Estate purchased the building for $230 million in late 2019, and CBRE is in charge of marketing and leasing the commercial space. JRM Construction Management, LLC is the general contractor for the project, which sits at the corner of West 66th Street and West End Avenue, a very short walk from Riverside Park South.

Sigma Computing to Lease Space at Zero Irving at 124 East 14th Street in Union Square, Manhattan

7:30 am on April 5, 2022 By Sebastian Morris

Sigma Computing has committed to leasing space at Zero Irving, a 21-story technology hub under construction at 124 East 14th Street in Union Square. Designed by Davis Brody Bond and developed by RAL Development and Junius Real Estate Partners, the building will offer a mix of space for affordable and market-rate offices, tech incubators, co-working suites, and training centers.

Overhead view of the Lever House podium and Lever Club amenity deck

Renderings Revealed for Lever House’s New Amenity Spaces at 390 Park Avenue in Midtown East, Manhattan

7:30 am on March 31, 2022 By Sebastian Morris

WatermanClark and Brookfield Properties have revealed new renderings of an open-air amenity deck and hospitality suite at the Historic Lever House in Midtown East, Manhattan. Located at 390 Park Avenue, the amenity deck is the latest phase of an ongoing renovation project to repair and enhance the high-rise office tower.

Rendering of Union Square Tech Training Center at 124 East 14th Street

Zero Irving’s Curtain Wall Nears Completion at 124 East 14th Street in Union Square, Manhattan

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

Construction is nearing completion on Zero Irving, a 21-story mixed-use building at 124 East 14th Street in Union Square. Designed by Davis Brody Bond and developed by RAL Development and Junius Real Estate Partners, the 176,000-square-foot structure will yield affordable and market-rate office space for technology firms as well as a three-floor education and training center, a tech incubator, co-working spaces, and a 10,000-square-foot food hall managed by Urbanspace. Suffolk Construction is the general contractor for the project, which is located along East 14th Street between Broadway to the west and Third Avenue to the east.

Rendering of One Madison Avenue Expansion. Designed by Kohn Pedersen Fox

One Madison Avenue’s Vertical Expansion Set to Begin in Flatiron District, Manhattan

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

A construction crane is now in position and ready for vertical progress on One Madison Avenue, a 27-story office tower expansion in Manhattan’s Flatiron District. Designed by Kohn Pedersen Fox and developed by SL Green, the project involves the gut renovation of an existing eight-story building and structural addition above its roof level, bringing the structure up to 1.4 million square feet of Class A office space. The National Pension Service of Korea and Hines are also part of the development team and recently acquired $1.25 billion in construction financing for the property, which occupies a full block bound by East 23rd and 24th Streets and Madison Avenue and Park Avenue South. The project team is aiming for both WELL and LEED Gold certification.

IBM Confirmed as Anchor Tenant for One Madison Avenue in Flatiron District, Manhattan

7:30 am on March 23, 2022 By Sebastian Morris

IBM will consolidate its New York City offices and relocate to One Madison Avenue, a commercial office tower renovation and expansion currently underway in the Flatiron District. Designed by Kohn Pedersen Fox and developed by SL Green Realty Corp, the project involves the construction of a 530,000-square-foot addition atop the original eight-story building, for a total of 1.4 million square feet of Class A office space.

540 Fulton Street, designed by Marvel Architects

Work Continues on The Paxton’s Façade at 540 Fulton Street in Downtown Brooklyn

8:00 am on March 22, 2022 By Michael Young

Façade work is continuing 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 structure will yield 330,000 square feet with 327 residential units, 71,844 square feet of commercial space, and 22,054 square feet of retail housed in the multi-story podium. YIMBY last reported that M.N.S. is handling sales and marketing for the homes, which are expected to range from studios to three-bedroom layouts. The property is located at the intersection of Flatbush Avenue and Fulton Street.

Terrace of 295 Fifth Avenue in Midtown South

295 Fifth Avenue’s Two-Story Penthouse Addition Nears Completion in Midtown, Manhattan

7:00 am on March 22, 2022 By Sebastian Morris

Work is nearing completion on a two-story penthouse addition atop Manhattan’s historic Textile Building at 295 Fifth Avenue in Midtown South is nearly complete. Designed by Studios Architecture, the 34,000-square-foot penthouse will contain a mix of collaborative workspaces and several landscaped terraces.

141 Willoughby Street’s Façade Closes in on Roof Parapet in Downtown Brooklyn

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

Façade installation is nearing the roof parapet of 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 400,000-square-foot structure will yield a mix of Class A offices and lower-level retail space, and is expected to achieve LEED certification. Gilbane Building Company and Savcon are the general contractors, Thornton Tomasetti is the structural engineer, and AKF Group LLC is the MEP engineer of the property, which rises from a trapezoidal plot bound by Willoughby Street to the south, Gold Street to the west, and Flatbush Avenue Extension to the east.

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