Demolition has concluded at 417 Park Avenue, the site of a 220,000-square-foot office tower in Midtown East. Developed by GDS Development (GDSNY) and Klövern AB, which paid $184 million for the property, the building will rise from the corner of Park Avenue and East 55th Street with a floor area ratio of 25 under Midtown East Rezoning regulations.
Construction is nearing completion on NYU‘s campus expansion at 181 Mercer Street in Greenwich Village. Designed by Davis Brody Bond and KieranTimberlake, the 735,000-square-foot complex consists of three towers rising from a full-block podium between Houston, Mercer, and Bleecker Streets and I.M. Pei’s University Village complex. The project is the culmination of over a decade of proposals, planning, and building that dates back to the mid 2000s. Turner Construction Company is the general contractor for the development, which is aiming for LEED gold certification.
Foundation work is progressing at Project Athena LIC, at 27-20 42nd Road in the Hunter’s Point section of Long Island City, Queens. This will eventually give rise to a ground up eight-story mixed-use residential building designed by Ismael Leyva Architects. YIMBY last reported that the 99-foot-tall development will yield a total of 58,580 square feet, with 36,097 square feet designated for future residential space and 3,345 square feet for the commercial space. 51 residences are expected to be housed inside the edifice, which will most likely be rentals based on the average unit size of 707 square feet. The reinforced concrete-based structure will also come with a cellar and a 50-foot-long rear yard for occupants.
Façade installation is continuing on 451 Tenth Avenue, a 45-story residential skyscraper in Hudson Yards. Designed by Handel Architects, developed and constructed by Related Companies, and co-developed with Spitzer Enterprises, the 587-foot-tall structure will also include a restaurant, an Equinox fitness center, and a senior living facility by Atria Senior Living called Coterie Hudson Yards. The market-rate rental units will have access to amenities such as a movie theater, an outdoor swimming pool, and terrace. March and White Design (MAWD) is serving as the interior designer for the senior homes at 451 Tenth Avenue, which rises from a 17,280-square-foot L-shaped plot at the corner of Tenth Avenue and West 35th Street. The property is a short walk to the 7 train at the 34th Street-Hudson Yards subway station, while a little further east are the A, C, E, 1, 2, and 3 and the NJ Transit and Amtrak trains beneath Pennsylvania Station.
Work continues to wrap up on 425 Park Avenue, a 47-story commercial skyscraper in Midtown East. Designed by Norman Foster of Foster + Partners for L&L Holding Company, Tokyu Land Corporation, and co-managing partner BentallGreenOak, the 897-foot-tall structure will yield 667,000 square feet of office space and a ground-floor restaurant run by world-renowned Chef Daniel Humm, proprietor of the three Michelin-starred Eleven Madison Park.