Construction Update

125 West 57th Street Approaches Final Floors in Midtown, Manhattan

8:00 am on February 10, 2024 By Michael Young and Matt Pruznick

Construction is nearing topping out on 125 West 57th Street, a 26-story commercial building on Billionaires’ Row in Midtown, Manhattan. Designed by FXCollaborative and developed by Alchemy-ABR Investment Partners and Cain International, the 440-foot-tall structure will span 260,000 square feet and yield 185,000 square feet of Class A office space, 7,000 square feet of retail space, and a new home for the Calvary Baptist Church, which has operated on the site since 1883 and sold the property to the developers for $150 million in 2017. Leading Builders Group is the general contractor for the project, which is located on an interior lot between Sixth and Seventh Avenues between Christian de Portzamparc‘s One57 and SHoP Architects‘ 111 West 57th Street.

126 East 57th Street Continues Ascent in Midtown, Manhattan

8:00 am on February 9, 2024 By Michael Young and Matt Pruznick

Construction is continuing to rise on 126 East 57th Street, a 28-story residential building on Billionaires’ Row in Midtown East, Manhattan. Designed by ODA Architecture and developed by MRR Development under the MRR 1326 LLC, the rising 346-foot-tall structure will yield 147 condominium units with an average scope of 1,156 square feet, as well as 5,000 square feet of lower-level retail space. WSP USA is the engineer and Plaza Construction is the general contractor for the property, which is being constructed on an L-shaped parcel at the corner of East 56th Street and Lexington Avenue, with a narrow extension to East 57th Street.

Window Installation Progresses on 1 Park Row in Financial District, Manhattan

8:00 am on February 8, 2024 By Michael Young and Matt Pruznick

Exterior work is moving along on 1 Park Row, a 23-story mixed-use building in Lower Manhattan’s Financial District. Designed by Fogarty Finger Architects and developed by Circle F Capital, which received a $90 million construction loan from Parkview Financial in 2021, the 305-foot-tall structure will span 103,000 square feet and yield 58 condominium units in one- to three-bedroom layouts with interior design by Paris Forino, along with 19,000 square feet of office and retail space on the lower levels. Cauldwell Wingate is the general contractor and 1 Park Row Development LLC is the owner of the property, which is located at the intersection of Park Row and Ann Street, directly across from the southern tip of City Hall Park.

Two Manhattan West Completes Construction in Midtown West, Manhattan

8:00 am on February 7, 2024 By Michael Young and Matt Pruznick

Last week, Skidmore Owings & Merrill and Brookfield Properties announced the completion of Two Manhattan West, a 58-story commercial skyscraper in Midtown West. The 935-foot-tall structure yields 1.9 million square feet of office space and is the final component of the 7-million-square-foot Manhattan West complex, a $4.5 billion, five-building master plan more than 40 years in the making. R&R Scaffolding Ltd. supplied the BMUs and AECOM Tishman served as the general contractor for Two Manhattan West, which is located at the corner of Ninth Avenue and West 31st Street, between the James A. Farley Building to the east and Hudson Yards to the west.

Le Gallerie Progresses at 132 West 14th Street in Greenwich Village, Manhattan

7:30 am on February 6, 2024 By Michael Young and Matt Pruznick

Exterior work is progressing on Le Gallerie, a seven-story commercial building at 132 West 14th Street in Greenwich Village, Manhattan. Designed and developed by KPG Funds, the project involves the gut renovation and re-cladding of a structure that formerly served as an auxiliary space for the adjacent Salvation Army headquarters, and will yield 57,478 feet of Class A office and retail space, as well as a ground-floor art gallery. 132 West 14th Street Ground Lessee LLC is listed as the owner and MJM Associates Construction is the general contractor for the development, which is located on an interior lot between Sixth and Seventh Avenues.

New Renderings Revealed For 200 East 75th Street on Manhattan’s Upper East Side

8:00 am on February 5, 2024 By Michael Young and Matt Pruznick

New renderings have been revealed for 200 East 75th Street, an 18-story residential building under construction in the Lenox Hill section of Manhattan’s Upper East Side. Designed by Beyer Blinder Belle and developed by EJS Development, which purchased the property for $32.5 million in March 2021, the topped-out 214-foot-tall structure will span 97,569 square feet and yield 36 condominium units and ground-floor retail space. Triton Construction Industry is the general contractor for the project, which is alternately addressed as 1305-1307 Third Avenue and located at the intersection of Third Avenue and East 75th Street.

New Rendering Revealed For Best Western Hotel at 319-321 West 38th Street in Midtown, Manhattan

7:30 am on February 5, 2024 By Michael Young and Matt Pruznick

A new rendering was posted for 319-321 West 38th Street, an upcoming 26-story Best Western Hotel in Midtown, Manhattan. Designed by Gene Kaufman Architect and developed by 319 West 38th Steel, LP, the 250-foot-tall structure will span 44,200 square feet with an undisclosed number of hotel rooms and a collection of amenities. LK Design Bureau is the structural engineer and Omnibuild Construction is the general contractor for the project, which will rise from two adjoining interior plots between Eighth and Ninth Avenues.

Renderings Revealed for Port Authority Bus Terminal Overhaul in Midtown, Manhattan

8:00 am on February 4, 2024 By Michael Young and Matt Pruznick

Last week, the Port Authority of New York and New Jersey (PANYNJ) revealed a pair of renderings for its proposal to reconstruct Port Authority Bus Terminal in Midtown, Manhattan. The $10 billion project is being designed by Foster + Partners and will replace the rundown 74-year-old, 2.1-million-square-foot structure that spans two city blocks between Eighth and Ninth Avenues and West 40th and 42nd Streets. The bi-state agency submitted a draft Environmental Impact Statement (EIS) last Thursday to the Federal Transit Administration, which green-lit a 45-day public comment period. Four hearings will be held from February 20 to 22.

201-207 7th Avenue - Amie Gross Architects

201-207 Seventh Avenue Rises Above Street Level in Chelsea, Manhattan

7:30 am on February 4, 2024 By Michael Young and Matt Pruznick

Construction is rising on 201-207 Seventh Avenue, a nine-story residential building in Chelsea, Manhattan. Designed by Amie Gross Architects and developed by New York City’s Department of Housing Preservation and Development under the Chelsea HDFC, the 85-foot-tall structure will span 30,859 square feet and yield 26 affordable co-op units in studio to three-bedroom layouts, as well as 1,828 square feet of retail space divided among three tenants. A.A.D. Construction Corp. is the general contractor for the property, which is alternately addressed as 170 West 22nd Street and located at the southeast corner of Seventh Avenue and West 22nd Street.

18 West 55th Street Begins Ascent in Midtown, Manhattan

8:00 am on February 3, 2024 By Michael Young and Matt Pruznick

Construction is rising on 18 West 55th Street, a 26-story residential building in Midtown, Manhattan. Designed by Morris Adjmi Architects and developed and built by Skyline Developers, which purchased the property for $83 million in 2017 under the 18 West 55th Street LLC, the 289-foot-tall structure will span 152,084 square feet and yield 97 rental units with an average scope of 1,319 square feet, as well as 6,380 square feet of ground-floor commercial space and a 10,343-square-foot cellar level. The project is located on a formerly vacant interior lot situated next to the Peninsula Hotel between Fifth and Sixth Avenues.

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Construction Update

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