Midtown East

ODA’s 126 East 57th Street Continues Vertical Progress in Midtown East, Manhattan

8:00 am on April 27, 2024 By Michael Young and Matt Pruznick

Construction is continuing to progress on 126 East 57th Street, a 28-story residential tower on Billionaires’ Row in Midtown East, Manhattan. Designed by ODA Architecture and developed by MRR Development under the MRR 1326 LLC, the 346-foot-tall structure will yield 147 condominium units with an average scope of 1,156 square feet, as well as 5,000 square feet of lower-level retail space. The property is located at the corner of East 56th Street and Lexington Avenue, with a narrow panhandle extension to East 57th Street.

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Updated Design Revealed for 350 Park Avenue Supertall in Midtown East, Manhattan

8:00 am on April 17, 2024 By Michael Young and Matt Pruznick

New renderings have been revealed for 350 Park Avenue, a proposed supertall office skyscraper in Midtown East, Manhattan. Designed by Norman Foster of Foster + Partners and developed by Ken Griffin, Vornado Realty Trust and Rudin, the 62-story structure is planned to rise roughly 1,600 feet tall and yield 1.8 million square feet of office space, with 54 percent to be occupied by the hedge fund Citadel LLC. The project site is bound by East 52nd Street to the north, East 51st Street to the south, and Park Avenue to the east.

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425 Park Avenue, courtesy of L&L Holding

L&L Holding Company Secures Refinancing For 425 Park Avenue In Midtown East, Manhattan

7:30 am on April 13, 2024 By Max Gillespie

L&L Holding Company has secured $911 million in refinancing for 425 Park Avenue, an office skyscraper in Midtown East, Manhattan. Sumitomo Mitsui Trust Bank led the refinancing as the principal lender, with the new five-year floating rate loan intended to replace a similar-sized loan from 2021 that supported the tower’s final construction and leasing activities.

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270 Park Avenue’s Exterior Continues to Progress in Midtown East, Manhattan

8:00 am on April 4, 2024 By Michael Young and Matt Pruznick

Exterior work is continuing on JPMorgan Chase‘s 1,388-foot supertall headquarters at 270 Park Avenue in Midtown East. Designed by Lord Norman Foster of Foster + Partners with Adamson Associates as the architect of record and developed by Tishman Speyer, the topped-out 60-story skyscraper will yield 2.5 million square feet of office space with a capacity of 15,000 employees, and will become the tallest structure in New York completely powered by hydroelectric energy. AECOM Tishman is the general contractor for the project, which occupies a full city block bound by East 48th Street to the north, East 47th Street to the south, Park Avenue to the east, and Madison Avenue to the west.

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