Rendering of 3 Times Square - FXCollaborative

The Rudin Family Secures $415M Refinancing Package to Renovate 3 Times Square Office Tower in Midtown Manhattan

The Rudin Family has closed on a $415 million refinancing deal to complete a multi million-dollar capital improvement program at 3 Times Square in Midtown, Manhattan. Often referred to as the Thomson Reuters Building, the scope of work includes the creation of a new three-story lobby, touchless entry and elevator systems, upgraded elevator cabs, and a new amenity deck on the 16th floor.

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Work Continues on Mandarin Oriental Residences Fifth Avenue at 685 Fifth Avenue in Midtown, Manhattan

Work is continuing to progress on the Mandarin Oriental Residences Fifth Avenue, a 29-story building at 685 Fifth Avenue in Midtown and the first east coast residential-only property from the prestigious hotel brand. Designed by Marin Architects and developed by SHVO in partnership with Deutsche Finance, the $135 million project involves the construction of a ten-floor addition above a former commercial structure and the conversion of 100,000 square feet of office space, creating a total of 69 fully furnished turnkey condominium residences managed by Mandarin Oriental Hotel Group and marketed by Douglas Elliman Development Marketing. The Rinaldi Group of New York is the general contractor for the property, which is located between East 53rd and East 54th Streets. The Fifth Avenue retail frontage is marketed by Brookfield Properties.

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Rendering of venue entry and reception area at 92NY - Beyer Blinder Belle

92NY Breaks Ground on $200M Redevelopment at 1395 Lexington Avenue on Manhattan’s Upper East Side

This month, the 92nd Street Y kicked-off a multi-phase redevelopment of its historic headquarters on the Upper East Side, Manhattan. Located at 1395 Lexington Ave at the corner of East 92nd Street, the $200 million restoration project will help the organization enrich the services, events, and facilities it provides to its visitors and the local Manhattan community.

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Affordable Housing Lottery Launches for 310 Grand Concourse in Mott Haven, Bronx

The affordable housing lottery has launched for 310 Grand Concourse, a 14-story residential building in Mott Haven, The Bronx. Designed by Fischer + Makooi Architect and developed by Simon Kaufman, the structure yields 135,106 square feet, with 157 units and 66 enclosed parking spaces. Available on NYC Housing Connect are 24 units for residents at 80 percent of the area median income (AMI), ranging in eligible income from $56,983 to $115,280.

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