Retail

Demolition Wraps Up for KPF-Designed Office Skyscraper at 343 Madison Avenue in Midtown East, Manhattan

8:00 am on March 13, 2023 By Michael Young

Demolition is nearly complete at 343 Madison Avenue, the site of a 49-story commercial skyscraper in Midtown East, Manhattan. Designed by Kohn Pedersen Fox and developed by Boston Properties, the 844-foot-tall structure will yield 750,400 square feet of office space, ground-floor retail, and multiple cellar levels. Titan Industrial Services is the demolition contractor for the property, which is bound by East 45th Street to the north, East 44th Street to the south, and Madison Avenue to the west.

View of construction progress at 98-08 Queens Boulevard

Exterior Work Nears Completion on 98-08 Queens Boulevard in Rego Park, Queens

7:00 am on March 13, 2023 By Sebastian Morris

Construction crews have nearly completed façade installation on 98-08 Queens Boulevard, a forthcoming mixed-use tower in Rego Park, Queens. Designed by SLCE Architects and developed by RB Realty Capital, the 344,000-square-foot building will contain 186 rental apartments, residential amenity spaces, 53,000 square feet of retail, a 41,000-square-foot community facility, and an 82,000-square-foot parking garage.

Coney Island Shore Theater’s Hotel Conversion Begins at 1301 Surf Avenue in Coney Island, Brooklyn

7:30 am on March 12, 2023 By Michael Young

Work has begun on the renovation and hotel conversion of the Coney Island Shore Theater, a seven-story historic building at 1301 Surf Avenue in Coney Island, Brooklyn. Designed by Gerner Kronick + Valcarcel Architects and developed by PYE Properties, the project will transform the derelict 98-year-old structure into a hotel with guest amenities and ground-floor retail space. The property is located at the corner of Surf and Stillwell Avenues and has sat abandoned since the early 1970s.

Aerial view of construction at 44-01 Northern Boulevard (March 2023)

Construction Reaches Street Level at 44-01 Northern Boulevard in Astoria, Queens

7:00 am on March 12, 2023 By Sebastian Morris

Construction has reached street level at 44-01 Northern Boulevard, the site of a 13-story residential building in Astoria, Queens. Located on a triangular parcel bordered by Northern Boulevard and 44th Street, the building will contain a mix of rental apartments, retail space, and a parking garage.

1487 First Avenue Readies for Excavation on Manhattan’s Upper East Side

8:00 am on March 10, 2023 By Michael Young

Demolition is complete at 1487 First Avenue, the site of a 24-story residential building in the Lenox Hill section of Manhattan’s Upper East Side. Designed by Hill West Architects and developed by Carmel Partners, which purchased the property for $73.5 million in early 2022 from local developer Robert Chou, the 209-foot-tall structure will yield 94 condominium units with an average scope of around 1,900 square feet, as well as 7,120 square feet of ground-floor retail space and cellar level. CP VII 78th Street Owner is the owner and Carmel Construction East is the general contractor for the project, which is located at the southwestern corner of First Avenue and East 78th Street.

Foundations Underway at 300 East 83rd Street on Manhattan’s Upper East Side

8:00 am on March 9, 2023 By Michael Young

Foundation work is progressing at 300 East 83rd Street, the site of a 22-story residential building in the Yorkville section of the Upper East Side. Designed by SLCE Architects and developed by Lalezarian Group, the 235-foot-tall structure will span 84,266 square feet and yield 70 units, as well as cellar and ground-floor retail space. The homes will average 1,203 square feet, likely indicating condominiums. Hudson 37 LLC is the general contractor for the property, which is located at the corner of East 83rd Street and Second Avenue.

KPF’s 520 Fifth Avenue Supertall Rises Above Street Level in Midtown, Manhattan

8:00 am on March 8, 2023 By Michael Young

Construction is rising above street level on 520 Fifth Avenue, an 88-story residential supertall in Midtown, Manhattan. Designed by Kohn Pedersen Fox and developed by Rabina, which took over from Ceruzzi Properties and SMI USA in 2019, the 1,002-foot-tall structure will span 507,608 square feet yield 100 residential units, as well as commercial space on the lower floors and four cellar levels. WSP is the structural engineer, DeSimone Consulting Engineers is the facade consultant, and Suffolk Construction is the general contractor for the property, which is located at the northwest corner of Fifth Avenue and West 43rd Street, one block north of Bryant Park.

27 Park Place’s Renovation Nears Completion in Tribeca, Manhattan

7:30 am on March 7, 2023 By Michael Young

Exterior work is nearing completion on 27 Park Place, a five-story commercial building in Tribeca. Designed by Michael Schmitt Architect PC, the project involves a full gut renovation and exterior restoration to remediate damage from a six-alarm fire that ravaged the structure in September 2017. Empire State Development is the general contractor for the property, which is bound by Murray Street to the north, Park Place to the south, and Church Street to the west.

Rendering of The Braddock at 8619 Bergenline Avenue

Developers Land $52.5M Construction Loan for The Braddock at 8619 Bergenline Avenue in North Bergen, New Jersey

7:00 am on March 7, 2023 By Sebastian Morris

Sanz Management has closed on $52.5 million to complete The Braddock, a 135-unit rental property in North Bergen, New Jersey. The development site is located at 8619 Bergenline Avenue and will also include a 152-vehicle parking garage and 2,400 square feet of retail space.

604 Fifth Avenue Wraps Up Renovation Work in Midtown, Manhattan

7:30 am on March 6, 2023 By Michael Young

Renovation work is complete on 604 Fifth Avenue, a six-story commercial building in Midtown, Manhattan. Designed by William Van Alen, architect of the Chrysler Building, the 65-foot-tall structure opened as the Childs Building in 1924 and most recently housed an 18,000-square-foot TGI Fridays. Japanese confectioner Minamoto Kitchoan purchased the property from The Riese Organization for $45 million in April 2021 for its new flagship store. Andrew Pettit Architect was the designer and Cross Management Corp. was the general contractor for the interior and exterior renovation project, which is located between East 48th and 49th Streets.

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