Retail

Demolition Prep Underway for 37-Story Tower at 655 Madison Avenue on Manhattan’s Upper East Side

Demolition work is gearing up at 655 Madison Avenue, the site of a 37-story mixed-use tower on Manhattan’s Upper East Side. Designed by Beyer Blinder Belle and developed by Extell, the 193,000-square-foot structure will yield 62 condominium units and ground-floor retail space. The property is located at the corner of Madison Avenue and East 60th Street.

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Hotel Renovations Underway for Hyatt Regency Times Square At 1605 Broadway in Times Square, Manhattan

Renovation work is underway on 1605 Broadway, a 46-story hotel tower in Times Square, Manhattan. The 480-foot-tall building originally opened in 1989 as the Holiday Inn Crown Plaza Manhattan and most recently operated as the 800-room Crowne Plaza Times Square before closing at the end of 2024. The building has since sat vacant with only the retail tenants left operating on the ground floor. Gensler is the architect and interiors designer for the property overhaul, which is planned to reopen later this year as the Hyatt Regency Times Square with 795 guest rooms and 159 enclosed parking spots. Argent Ventures under the Times Square JV, LLC  is listed as the owner of the development, which is located between West 48th and 49th Streets.

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Construction Underway At 32-34 Walker Street in Tribeca, Manhattan

Work is underway at 32-34 Walker Street, the site of a seven-story residential building in Tribeca, Manhattan, located at the northeast corner of Walker and Church Streets. Designed by SOMA Architecture and The Turett Collaborative and developed by Urban Capital and Prosper Property Group, the 30,000-square-foot structure will yield five condominium units in three- to four-bedroom layouts, as well as ground-floor retail space. The project will also involve the restoration of the cast iron façade and interiors of 34 Walker Street, a five-story L-shaped building surrounding the construction site.

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New Renderings Revealed for The Willow at 201 East 23rd Street in Gramercy, Manhattan

New renderings have been revealed for The Willow, a 19-story residential building under construction at 201 East 23rd Street in Gramercy, Manhattan. Designed by COOKFOX Architects and developed by Naftali Group, the topped-out 210-foot-tall structure will yield 69 residences as well as ground-floor retail space. The 7,200-square-foot lot is located at the corner of East 23rd Street and Third Avenue.

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French Department Store Printemps Opens At One Wall Street in Financial District, Manhattan

Printemps, the 160-year-old upscale French department store, opened its first U.S. location this morning at One Wall Street in Lower Manhattan’s Financial District. Designed by Laura Gonzalez in the style of a Parisian apartment, the 55,000-square-foot outpost spans two stories and is the final component in the transformation of the historic 564-foot-tall Art Deco skyscraper, which underwent an office-to-residential conversion that finished in 2023. The property yields 566 condominium units, 100,000 square feet of private amenities, as well as a Whole Foods Market and Life Time fitness facility in its base. Printemps is located along Broadway between Wall Street and Exchange Place.

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