415 Madison Avenue recently completed on-site demolition for an upcoming 40-story commercial skyscraper in Midtown East. Designed by Skidmore Owings & Merrill and owned by Rudin Management under the 415 Madison Avenue LLC, the 605-foot-tall replacement will yield a total of 343,100 square feet of new office space, a 350-square-foot ground-floor retail pavilion, and a 2,400-square-foot open-air public concourse. The ground-up project is being constructed in compliance with the East Midtown sub-district regulations, alongside the use of air rights that were previously purchased from the landmarked St. Bartholomew’s Church along Park Avenue. PAL Environmental Services served as the former general contractor but now AECOM Tishman is the new general contractor for the Midtown, Manhattan property, which is located at the corner of Madison Avenue and East 48th Street.
Exterior work nears completion on 555 Greenwich, a 16-story commercial building in Hudson Square. Designed by COOKFOX Architects and developed by Hudson Square Properties, a joint venture by Trinity Church Wall Street, Hines, and Norges Bank Investment Management, the 270,000-square-foot structure connects to the adjacent 345 Hudson Street via a horizontal overbuild to yield a combined 715,000 square feet of office space. Tishman Construction is the general contractor for the property, which is bound by King Street to the north, Charlton Street to the south, and Greenwich Street to the west.
Below-grade work is progressing at 25-01 Queens Plaza North, the site of a 26-story residential building in Long Island City, Queens. Designed by Handel Architects and developed by Grubb Properties, which purchased the property for $63 million in 2021, the 311-foot-tall structure will yield 417 units with 124 reserved for affordable housing, as well as 7,600 square feet of ground-floor retail space. 25-01 QPN Consigli Construction is the general contractor and King Contracting Group is responsible for brick and CMU installation at the project, which is located between Crescent and 27th Streets, directly adjacent to the elevated Queensboro Plaza station servicing the 7, N, and W trains.
Construction appears stalled at 255 West 34th Street, a 33-story hotel tower in Midtown, Manhattan, following a $481 million loan default by former developer The Chetrit Group late last year. Designed by Stonehill Taylor Architects, the 397-foot-tall structure was planned to yield 330 hotel rooms spread across 155,594 square feet. Flintlock Construction Services is the general contractor for the project, which is located between Seventh and Eighth Avenues on the southern edge of the Garment District.
Foundations are taking shape at 27-48 Jackson Avenue, site of a 69-story residential skyscraper in Long Island City‘s Court Square district. Designed by Perkins Eastman and developed by Building Orchard LLC, the 811-foot-tall tower will claim the title of tallest building in Queens and yield 635,000 square feet with 818 residential units, 11,700 square feet of retail space, and a two-story parking garage in the podium. Triton Construction Company is the general contractor for the property, which is alternately addressed as 43-01 Queens Street and occupies a full city block along Jackson Avenue between Queens and Orchard Streets.