Exterior work is finishing up on The Edison Gramercy, a 13-story residential building at 250 East 21st Street in Gramercy Park, Manhattan. Designed by Isaac & Stern Architects and developed by Urban Development Partners and SD Second Avenue Property, the structure will yield 54 units in one- to four-bedroom layouts with interiors designed by Paris Forino. Douglas Elliman Development Marketing‘s Eklund Gomes Team is leading sales and marketing for the units, with pricing ranging from $1.2 to more than $6 million. Ross Associates is the general contractor for the property, which is located at the corner of East 21st Street and Second Avenue.
Renovation and expansion work is nearing completion on 787 Eleventh Avenue, a ten-story commercial building in Hell’s Kitchen. Designed by Rafael Viñoly and developed by the Georgetown Company, the project involved the restoration of the historic structure’s façade, modernization of its interiors, and the construction of an 86,000-square-foot, two-story extension above the original parapet. JLL is in charge of leasing and Hunter Roberts Construction Group is the general contractor for the property, which is bound by West 55th Street to the north, West 54th Street and DeWitt Clinton Park to the south, and Eleventh Avenue to the east.
Façade installation is nearing completion on The Apsley, a 19-story residential building at 2330 Broadway on Manhattan’s Upper West Side. Designed by SLCE Architects with interiors by Champalimaud Design and developed by Welltower and Hines, the structure will yield 76 assisted living and 80 memory care apartments in studio to two-bedroom layouts, with a capacity of up to 178 residents. Construction Group is the general contractor for the property, which is located at the corner of Broadway and West 85th Street.
Construction is rising on One Madison Avenue, a 27-story commercial expansion in the Flatiron District. Designed by Kohn Pedersen Fox and developed by SL Green, the National Pension Service of Korea, and Hines, the project involves the gut renovation and expansion of a former eight-story structure and will yield 1.4 million square feet of office space. AECOM Tishman is the general contractor for the property, which occupies a full block bound by East 23rd and 24th Streets and Madison Avenue and Park Avenue South.
Last week, Vornado Realty Trust, Turner Construction Company, and Skanska celebrated the topping out of the new eight-story expansion at PENN 2, a 31-story commercial tower at Two Penn Plaza in Midtown. Designed by MdeAS Architects, the cantilevering addition is part of a full-scale overhaul project involving the curtain wall replacement and modernization of the mid-century structure’s 1.61 million square feet of office space. The 412-foot-tall building is located along Seventh Avenue between West 31st and West 33rd Streets, and is part of the massive Penn District revitalization plan that will add ten new towers to the area surrounding Penn Station and Madison Square Garden in the coming years.