Retail

Construction Ramps Up on Terminal Warehouse Renovation at 261 Eleventh Avenue in West Chelsea, Manhattan

7:30 am on August 14, 2022 By Michael Young

Construction is full swing on the Terminal Warehouse, a seven-story commercial conversion at 261 Eleventh Avenue in West Chelsea, Manhattan. Designed by COOKFOX Architects and developed by L&L Holding Company and Columbia Property Trust, the $1.25 billion project will overhaul the 121-year-old warehouse structure and yield a mix of Class A office suites, retail space, and dining options. L&L and Normandy Real Estate Partners purchased the Terminal Warehouse in 2018 for $880 million, and CBRE helped to arrange construction funding from the Blackstone Real Estate Debt Strategies platform, Goldman Sachs, KKR, and Oaktree Capital Management. New Line Structures & Development is the general contractor for the property, which is bound by West 28th Street to the north, West 27th Street to the south, Eleventh Avenue to the east, and West Street to the west.

Bedford Green House -- Rendering of 2865 Creston Avenue

Bedford Green House Phase I Debuts at 2865 Creston Avenue in Bedford Park, Bronx

7:00 am on August 14, 2022 By Sebastian Morris

The first phase of the Bedford Green House affordable housing project is now complete at 2865 Creston Avenue in Bedford Park, The Bronx. Designed by ESKW Architects and developed by Project Renewal with support from New York City’s Department of Housing Preservation and Development (HPD) and Housing Development Corporation (HDC), the development comprises 117 affordable and supportive homes, including 71 apartments set aside for households and individuals that previously experienced homelessness, families impacted by mental illness and substance abuse, and people living with HIV and AIDS. The remaining 46 apartments are reserved for low-income households earning up to 60 percent area median income (AMI).

Rendering of Logan Fountain - MHG Architects

Renderings Revealed for Logan Fountain Affordable Property at 265 Logan Street in Cypress Hills, Brooklyn

7:30 am on August 13, 2022 By Sebastian Morris

Renderings have been revealed for Logan Fountain, a 13-story affordable housing property at 265 Logan Street in Cypress Hills, Brooklyn. Designed by MHG Architects and developed in collaboration by The Hudson Companies, The Jericho Project, and HELP US, which recently closed on a $215 million financing package for construction, the 327,000-square-foot structure will yield 174 units and 7,677 square feet of ground-floor retail space. The property is bound by Atlantic Avenue to the north, Fountain Avenue to the east, and Logan Street to the west.

Site plan and renderings of the new Midtown Bus Terminal and proposed mixed-use towers - Courtesy of Foster + Partners

Foster + Partners, Epstein Announced as Architectural Advisors for Port Authority’s Midtown Bus Terminal in Times Square, Manhattan

7:30 am on August 11, 2022 By Sebastian Morris

The Port Authority of New York and New Jersey has selected Foster + Partners and Epstein to help reimagine Manhattan’s 72-year-old Midtown Bus Terminal in Times Square. The replacement project will create a new terminal for New York City buses, dedicated spaces for intercity buses, staging areas, electric vehicle charging stations, outward-facing retail, and 3.5 acres of public green space.

Rendering of 251-253 Fifth Avenue (View from Fifth Avenue looking north)

LPC Approves 20-Story Redevelopment at 251-253 Fifth Avenue in NoMad, Manhattan

7:30 am on August 10, 2022 By Sebastian Morris

The Landmarks Preservation Commission has approved a large-scale redevelopment project at 251-253 Fifth Avenue in NoMad, Manhattan. Led by TRA Studio Architecture, the project entails the demolition of a low-rise building at 253 Fifth Avenue, the construction of a new 20-story tower in its place, the restoration of a neighboring building at 251 Fifth Avenue, and the integration of both buildings into a singular structure.

Curtain Wall Installation Begins on 606 West 30th Street in Hudson Yards, Manhattan

8:00 am on August 9, 2022 By Michael Young

Curtain wall installation has begun on 606 West 30th Street, a 42-story residential skyscraper along the border of Hudson Yards and West Chelsea, Manhattan. Designed by Ismael Leyva Architects and developed by Lalezarian Properties, the 545-foot-tall structure will yield 312,350 square feet, with 192,780 square feet of residential space and 14,240 square feet of commercial space. The building is known as Tower B in a two-skyscraper development along with the adjacent 601 West 29th Street from FXCollaborative and Douglaston Development. Hudson 37 LLC is the general contractor for the property, which is located between Eleventh Avenue and West Street.

Rendering of 555 Greenwich Street - COOKFOX Architects

555 Greenwich’s Brick Façade Installation Progresses in Hudson Square, Manhattan

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

Brick façade installation is progressing on 555 Greenwich, a 16-story commercial building in Hudson Square, Manhattan. Designed by COOKFOX Architects and developed by Hudson Square Properties, a joint venture from Trinity Church Wall Street, Hines, and Norges Bank Investment Management, the new 270,000-square-foot structure will connect to the adjacent 345 Hudson Street via a horizontal overbuild to yield a combined 715,000 square feet of office space. Tishman Construction is the general contractor for the property, which is bound by King Street to the north, Charlton Street to the south, and Greenwich Street to the west.

PENN 2’s Renovations Continue at 2 Penn Plaza in Midtown, Manhattan

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

Renovation work is progressing on PENN 2, a 31-story commercial building at Two Penn Plaza in Midtown, Manhattan. Designed by MdeAS Architects and developed by Vornado Realty Trust, the project involves the full re-cladding and interior modernization of the 412-foot-tall, 1.61-million-square-foot mid-century office building, and is part of the ten-skyscraper Penn District revitalization plan. Turner Construction Company is the general contractor for the property, which is located along Seventh Avenue between West 31st and 33rd Streets, directly adjacent to Penn Station and Madison Square Garden.

Rendering of 20 Grand Avenue in Englewood, New Jersey - Courtesy of CPA Architecture

Leasing Launches for 20 Grand Avenue in Englewood, New Jersey

7:30 am on August 4, 2022 By Sebastian Morris

Leasing has launched for 20 Grand Avenue, a five-story rental building in downtown Englewood, New Jersey. Designed by CPA Architecture and developed by Premier Developers, the structure yields 96 residences and a slate of lifestyle and wellness amenities.

Foundation Work Underway for 262 Fifth Avenue Supertall in NoMad, Manhattan

8:00 am on August 3, 2022 By Michael Young

Foundation work is continuing at 262 Fifth Avenue, the site of a 60-story residential supertall in NoMad, Manhattan. Designed by Meganom with SLCE Architects as the executive architect and developed by Boris Kuzinez of Five Points Development under the Five Points 262 Project LLC, the 1,043-foot-tall skyscraper will yield 41 residential units spread across 139,168 square feet, as well as 10,850 square feet of retail space on the first two floors. CM & Associates Construction Management is the general contractor for the property, which is located at the corner of Fifth Avenue and West 29th Street.

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