Work is getting closer to completion at 425 Park Avenue, the 16th tallest building under construction in New York City in YIMBY’s annual countdown. The majority of the exterior work is finished on the 47-story, 897-foot-tall Midtown East skyscraper, with the final upper floors and crowning fins awaiting cladding. The commercial building is designed by Norman Foster, head of Foster + Partners, and is being developed by L&L Holding Company LLC. Adamson Associates is the architect of record.
Demolition has finished at 110-112 Liberty Street in the Financial District, the site of a 30-story hotel designed by Stonehill & Taylor Architects. The property, which is being developed by Eddie Hidary of 112 Liberty Associates LLC, sits across from the base of Four World Trade Center, aka 150 Greenwich Street, and to the west of Zuccotti Park and Church Street.
Demolition is almost complete at 80 Flatbush Avenue in Boerum Hill, Brooklyn, the site of an 840-foot-tall skyscraper, the 17th tallest project underway in New York City. A large amount of debris and rubble is scattered across the narrow, triangular property and awaiting removal. The steel frame of a previous structure is still standing but will soon be knocked down to make way for the new multi-structure, mixed-use complex developed by Alloy Development.
Foundation work has partially reached street level at 50 Trinity Place in the Financial District, the site of a new Aloft Hotel. The first half of the ground-floor slab has been formed, while the eastern half has yet to catch up. Bundles of steel rebar for the columns can also be spotted standing vertically on the property. Located diagonally across from Trinity Church at the corner of Trinity Place and Rector Street, the project is designed by Peter Poon Architects and is being developed by FIT Investment Corporation, which purchased the Lower Manhattan site for $15 million in 2012.
Work is nearing completion on Madison House, aka 126 Madison Avenue, number 18 on YIMBY’s countdown of the tallest projects under construction in New York City. Designed by Handel Architects, the 805-foot-tall, 62-story residential skyscraper topped out over NoMad with its façade almost entirely completed. Fosun Group and JD Carlisle are developing the nearly 300,000-square-foot project, while Douglas Elliman is handling sales and marketing of its 199 condominiums.