Construction Update

New Renderings Revealed for 1,200-Foot PENN15 Supertall in Midtown, Manhattan

Fresh renderings by DBOX shed new light on PENN 15, a 56-story, 1,200-foot-tall commercial skyscraper at 15 Penn Plaza in Midtown, Manhattan. Designed by Foster + Partners and developed by Vornado Realty Trust, the 2.7 million-square-foot supertall will rise from the site of the Hotel Pennsylvania, which has been closed since early 2020 and is beginning the demolition process. The tower will be the tallest component in the 7.4-million-square-foot Penn District master plan, on a plot bound by Seventh Avenue to the west, West 32nd Street to the south, and West 33rd Street to the north.

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Demolition Underway For Extell’s Potential Supertall at 570 Fifth Avenue in Midtown, Manhattan

Demolition is underway at 570 Fifth Avenue, the site of a potential supertall skyscraper in Midtown, Manhattan. Developed by Extell, the tower could reach a height of 1,100 feet and 78 floors on a 43,011-square-foot plot at the corner of Fifth Avenue and West 46th Street. The parcel had mostly sat vacant for the past several years, and includes several old structures that are now in the process of being razed. There is still no architect publicly announced, nor clear indication of the building’s programming, though a series of zoning and massing diagrams and ground-floor plans suggest either an office complex or a residential and hotel development, with the latter reaching supertall status.

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Excavation Underway for Kohn Pedersen Fox’s 520 Fifth Avenue Supertall in Midtown, Manhattan

Excavation is progressing at 520 Fifth Avenue, site of a 76-story mixed-use supertall skyscraper in Midtown, Manhattan. Designed by Kohn Pedersen Fox for Rabina Properties, which took over as the lead developer in 2019 from Ceruzzi Properties and SMI USA, the 995-foot-tall, 507,608-square-foot structure will yield 98 residential units, commercial space, and four cellar levels. Suffolk Construction is the general contractor for the project, which is located on a 10,625-square-foot lot at the corner of Fifth Avenue and West 43rd Street.

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Demolition Begins at 123-141 West 57th Street for 26-Story Office Tower in Midtown, Manhattan

Demolition is underway at 123-141 West 57th Street, the site of a forthcoming 26-story, 185,000-square-foot office tower along Billionaires’ Row in Midtown, Manhattan. The site is located between Sixth and Seventh Avenues, surrounded by Christian de Portzamparc’s One57 and SHoP Architects‘ 111 West 57th Street. It was recently reported that Alchemy Properties and ABR Partners closed a $120 million deal to purchase the property, which was owned by Calvary Baptist Church and includes the adjacent 16-story, 153-foot-tall Salisbury Hotel. ABR Partner’s equity partner, Cain International, had brought on Security Benefit Life as the new lender. The total construction cost for the project is estimated to be roughly $350 million.

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200 Amsterdam Avenue’s Duplex Penthouse Model Coming Soon to Manhattan’s Upper West Side

The Upper West Side’s top-selling new development, 200 Amsterdam, has shared with YIMBY that a new penthouse designed by Studio Mellone will be unveiled in the coming months. As a part of the building’s Penthouse Collection, the residence sits amongst the top floors of the 52-story, 668-foot-tall, 112-unit, and 300,000-square foot condominium tower, which is located on the corner of 69th Street and Amsterdam Avenue. The Art Deco-inspired tower was designed by Elkus Manfredi Architects, and developed by SJP Properties and Mitsui Fudosan America, with interior spaces by CetraRuddy. Closings are underway, and prices for available one- to five-bedroom residences starts at $3.1 million. The Penthouse Collection includes full-floor and duplex residences beginning at $17.9 million.

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