A new ten-year lease extension was recently signed by commerce media company Criteo at 387 Park Avenue South, a 13-story office building located in NoMad, Manhattan. Owned by TF Cornerstone, the building is currently at full occupancy.
Demolition preparations are underway at 156-166 Bowery, the site of a forthcoming seven-story commercial building in Nolita, Manhattan. Designed by Perkins + Will Architects and developed by Kinsman Property Group, a joint venture between Madison Group and State Building Group, the 85-foot-tall structure will yield 72,441 square feet of office space. The 15,000-square-foot property is currently occupied by seven vacant low-rise buildings by the corner of Bowery and Kenmare Street.
New renderings have been revealed for the proposed design for Davis Hall, a 13-story educational and dormitory building for Stevens Institute of Technology in Hoboken, New Jersey. Designed by Davis Brody Bond, the 238,000-square-foot structure will replace the current four-story Davis Hall dormitory and will yield academic and research facilities along with student housing. The property is located along the eastern edge of the campus atop Castle Point at the confluence of Wittpenn Walk and Field House Road, adjacent to the 19- and 21-story University Center towers overlooking the Hudson River.
Construction has topped out on 520 Fifth Avenue, an 88-story residential supertall 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, 25 boutique office floors, a private members-only club called Moss, and four cellar levels. The property is located at the corner of Fifth Avenue and West 43rd Street, one block north of Bryant Park.
Construction is wrapping up on 2440 Fulton Street, a five-story commercial building in East New York, Brooklyn. Designed by Marvel Designs and developed by The Leser Group along with the New York City Economic Development Corporation (NYEDC), the 400,000-square-foot structure will serve as the home of the New York City Department of Social Services’ (DSS) Human Resources Administration with Class A office space for more than 1,100 employees. The building will also offer 80,000 square feet of private-market commercial space, ground-floor retail space, and enclosed parking for 300 vehicles. The property was formerly occupied by a two-story school building that was demolished following the operating institutions’ relocation, and is bound by Fulton Street to the north, Herkimer Street to the south, and Van Sinderen Avenue to the east.
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