Articles by Michael Young

Rendering of completely repurposed 25 Water Street, New York City, from office to residential, courtesy of CetraRuddy.

25 Water Street Readies for 1,300-Unit Residential Conversion in Financial District, Manhattan

7:30 am on July 11, 2023 By Michael Young

Preparation work has begun for the residential conversion of 25 Water Street, a 22-story former office building in Manhattan’s Financial District. Designed by CetraRuddy and developed by GFP Real Estate, Metro Loft Management, and Rockwood Capital, the project involves the construction of ten new stories above the parapet of the existing structure, the replacement of its brick façade with a modern fenestration with more expansive windows, and the gut renovation of its 1.1 million square feet of interiors into 1,300 rental units. When complete, the conversion will be the largest ever in the United States by unit count, surpassing the recent redevelopment of One Wall Street with its 566 condominiums. Pavarini McGovern is the general contractor for the property, which is Water Street to the north, 2 New York Plaza to the south, the New York Vietnam Veterans Memorial to the east, and Broad Street to the west.

450 Eleventh Avenue’s Façade Quickly Takes Shape in Hudson Yards, Manhattan

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

Façade installation is moving along quickly on 450 Eleventh Avenue, a 51-story hotel skyscraper in Hudson Yards. Designed by DSM Design Group and developed by Marx Development Group, the 642-foot-tall structure will house a 379-room Aloft hotel with a business center, a ballroom, and a fourth-floor restaurant with a bar and outdoor terrace. Atria Builders is the general contractor for the project, which is located at the corner of West 37th Street and Eleventh Avenue, directly across from the Jacob K. Javits Center.

125 West 57th Street Steadily Rises Along Billionaire’s Row in Midtown, Manhattan

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

Construction is rising on 125 West 57th Street, a 26-story commercial building along Billionaires’ Row in Midtown, Manhattan. Designed by FXCollaborative and developed by Alchemy-ABR Investment Partners and Cain International, the 440-foot-tall structure will yield 185,000 square feet of Class A office space and a ground-floor home for the Calvary Baptist Church, which has operated on the site since 1883. Leading Builders Group is the general contractor for the property, which is located on an interior lot between Sixth and Seventh Avenues between Christian de Portzamparc‘s One57 and SHoP Architects‘ 111 West 57th Street.

Rendering of 35 Fourth Avenue. Designed by S. Wieder Architects

Signum Wraps Up Construction at 375 Dean Street in Park Slope, Brooklyn

7:30 am on July 9, 2023 By Michael Young

Construction is finishing up on Signum, a 17-story residential building at 375 Dean Street on the border of Park Slope and Boerum Hill, Brooklyn. Designed by S. Wieder Architects and developed by 35 Holding LLC, the structure yields roughly 70,000 square feet of residential space with 143 rental units in studio to two-bedroom layouts, as well as 8,791 square feet of commercial space, 1,097 square feet of community facility space, parking for up to 43 vehicles, and a cellar level. Empire Management & Construction is the general contractor for the property, which is alternatively addressed as 35 Fourth Avenue and located at the corner of Dean Street and Fourth Avenue. Raizy Mandel and James Jaquez of NestSeekers International are in charge of leasing and marketing for the apartments.

High Line – Moynihan Connector Opens To The Public in Midtown West, Manhattan

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

Construction is finished on the High Line – Moynihan Connector, an L-shaped 600-foot-long extension of the 1.5-mile High Line linking the popular elevated green park with the five-building Manhattan West complex in Midtown West. Designed by Skidmore, Owings & Merrill and James Corner Field Operations and developed in a public-private partnership between Empire State Development (ESD), Friends of the High Line, and Brookfield Properties, the $50 million project is composed of two ADA-accessible bridges that provide a safer and easier means of access to Moynihan Train Hall and Penn Station. Turner Construction Company was the general contractor for the walkway, which runs along West 30th Street between Ninth and Tenth Avenues and turns to the north at Dyer Avenue to connect to the elevated southwestern corner of the Manhattan West plaza above West 31st Street.

Rendering of 1345 Third Avenue, the Northwell Health Medical Pavilion

Excavation Progresses for Northwell Medical Pavilion at 1345 Third Avenue on Manhattan’s Upper East Side

8:00 am on July 7, 2023 By Michael Young

Excavation is progressing for Northwell Medical Pavilion, a 15-story medical facility for Lenox Hill Hospital at 1345 Third Avenue on Manhattan’s Upper East Side. Designed by Ennead Architects with EwingCole as the medical architect and Northwell Health and The University Financing Foundation as the developers, the 200,000-square-foot outpatient center will stand nearly 215 feet tall and offer specialized cancer care services, imaging and lab testing, cardiac care, neuroscience programs, a sleep study center, acute and chronic disease management, social work services, and more. JB&B is the MEP engineer, Severud Associates is the structural engineer, and Lendlease is the general contractor for the $450 million project, which is located in Lenox Hill between East 76th and East 77th Streets.

335 Bond Street Awaits Construction in Gowanus, Brooklyn

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

Demolition work is complete at the site of 335 Bond Street in Gowanus, Brooklyn. Plans call for a new 155-foot-tall, 14-story residential building spanning 77,383 square feet, with 68,106 square feet designated for residential space, 4,644 square feet for manufacturing space, and 4,633 square feet for commercial space. There will be a total of 73 residences, each averaging 932 square feet apiece, and a 30-foot long rear yard. An affordable housing segment was last reported, though an exact number has yet to be disclosed. Studio V Architecture is listed as the architect of record, Robert Slinin is listed as the owner behind the permit applications, and Alba Services Inc. is the demolition contractor for the address, which is located by the intersection of Carroll and Bond Streets, and sits directly west of the Gowanus Canal.

Updated rendering of 760 Madison Avenue - COOKFOX Architects

760 Madison Avenue Nears Topping Out On Manhattan’s Upper East Side

8:00 am on July 6, 2023 By Michael Young

Construction is reaching the final floors at 760 Madison Avenue, a 12-story mixed-use building in the Lenox Hill section of Manhattan’s Upper East Side. Designed by COOKFOX and developed by SL Green Realty in a collaborative partnership with Giorgio Armani Corp., the 189-foot-tall structure will yield 91,179 square feet with ten condominium units and a 19,387-square-foot Giorgio Armani flagship boutique. Leeding Builders Group is the general contractor for the property, which is located at the corner of Madison Avenue and East 65th Street.

Two Manhattan West Completes Construction in Midtown West, Manhattan

8:00 am on July 3, 2023 By Michael Young

Construction is complete on Two Manhattan West, a 58-story commercial skyscraper in Midtown West. Designed by Skidmore Owings & Merrill and developed by Brookfield, the 935-foot-tall structure is the final component in the five-building Manhattan West master plan and yields 1.9 million square feet of office space directly to the south of its 996-foot supertall fraternal twin, One Manhattan West. W&W Glass is the facade contractor and AECOM Tishman was the general contractor for the Midtown, Manhattan project, which is located at the northwest corner of West 31st Street and Ninth Avenue, between Hudson Yards to the west and the James A. Farley Building to the immediate east.

1 Park Row Nears Halfway Mark in Financial District, Manhattan

8:00 am on June 29, 2023 By Michael Young

Construction is nearing the halfway mark at 1 Park Row, a 23-story mixed-use building in the Financial District. Designed by Fogarty Finger Architects and developed by Circle F Capital, which received a $90 million construction loan from Parkview Financial in 2021, the 305-foot-tall structure will yield 103,000 square feet with 58 condominium units in one- to three-bedroom layouts, along with 19,000 square feet of office and retail space on the lower levels. Cauldwell Wingate is the general contractor and 1 Park Row Development LLC is the owner of the property, which is located at the intersection of Park Row and Ann Street.

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Articles by Michael Young

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