Construction Update

Excavation Underway at 249 East 62nd Street on Manhattan’s Upper East Side

7:30 am on December 27, 2021 By Michael Young

Excavation work is underway at 249 East 62nd Street, site of a residential tower on Manhattan’s Upper East Side. Developed by Zeckendorf Development with CM & Associates as the general contractor, the project has undergone some design modifications since our last update in early 2018, when renderings and plans for a Rafael Viñoly-designed 32-story, 510-foot-tall skyscraper were revealed. There is now a revised building diagram that depicts a roughly 27- to 28-story edifice with a tall ground floor, a tiered and multi-faceted crown, and an L-shaped footprint with frontage on both East 62nd Street and Second Avenue. Zeckendorf had hired INC Architecture & Design in late 2020 to redraw plans for a scaled down residence roughly 330 feet tall with 30 floors.

The Brooklyn Tower’s Façade Continues Ascent at 9 DeKalb Avenue in Downtown Brooklyn

8:00 am on December 26, 2021 By Michael Young

Work is continuing on the topped-out Brooklyn Tower, a 1,066-foot residential supertall at 9 DeKalb Avenue in Downtown Brooklyn and number six on our December countdown. Designed by SHoP Architects and developed by JDS, the 93-story tower holds the title of the tallest structure in the Outer Boroughs that will yield 150 condominiums, 280 market-rate rentals, 120 affordable rentals, as well as a 100,000-square-foot retail podium bound by Flatbush Avenue Extension to the northeast, Fleet Street to the northwest, and DeKalb Avenue to the south. The Brooklyn Tower complex also includes the refurbishing and repurposing of the landmarked Dime Savings Bank of Brooklyn, which is being incorporated into the podium. Douglas Elliman is serving as the exclusive marketing, sales, and leasing agent. Thirty percent of rentals are designated as affordable housing units, and residences for purchase start over 500 feet above street level.

328 East 61st Street Completes Construction on Manhattan’s Upper East Side

7:30 am on December 26, 2021 By Michael Young

Construction is now finished on 328 East 61st Street, a six-story office building for Memorial Sloan Kettering on Manhattan’s Upper East Side. Designed by Daniel Goldner Architects and developed by LaSalle Investment Management, the low-rise edifice is located between First and Second Avenues with an architectural height of 82 feet tall and 72 feet to its roof. Inside the reinforced concrete structure is 61,740 square feet of newly built space, of which 49,750 square feet is dedicated to community facilities. William Macklowe Company recently sold its interest in the building for $95 million in mid-July. Cauldwell Wingate was the general contractor, DeSimone Consulting Engineers was the structural engineer, and 2L Engineering, D.P.C. handled the MEPs for the project.

Demolition Begins for KPF-Designed Office Supertall at 343 Madison Avenue in Midtown East, Manhattan

8:00 am on December 25, 2021 By Michael Young

Demolition work is ramping up at 343 Madison Avenue, the site of a 1,050-foot commercial supertall in Midtown East and number seven on our end-of-year countdown. Designed by Kohn Pedersen Fox and developed by Boston Properties, the 55-story structure will rise from a 25,000-square-foot rectangular site between East 44th and 45th Streets that is currently occupied by a 15-story building that formerly housed the Metropolitan Transportation Authority headquarters. The new tower will yield 832,613 square feet of office space, 5,357 square feet of retail space, and 5,357 square feet of subterranean circulation paths to Grand Central Terminal and the future East Side Access project. Rezoning plans for 343 Madison Avenue were approved by the City Council in mid November.

Excavation Progresses for 262 Fifth Avenue Residential Supertall in NoMad, Manhattan

8:00 am on December 24, 2021 By Michael Young

Excavation is continuing at 262 Fifth Avenue, the site of a proposed 1,043-foot residential supertall in NoMad and number eight on our year-end construction countdown. Designed by Russian-based firm Meganom with SLCE Architects as the executive architect and developed by Boris Kuzinez of Five Points Development under the Five Points 262 Project, LLC, the 60-story tower will yield 139,168 square feet of residential space divided into 41 residential units and 10,850 square feet of retail space on the first two floors. CM & Associates Construction Management, LLC is the general contractor for the property, which is located at the corner of Fifth Avenue and West 29th Street.

The Spiral Nears Completion at 66 Hudson Boulevard in Hudson Yards, Manhattan

8:00 am on December 23, 2021 By Michael Young

Curtain wall installation is wrapping up on The Spiral, a 1,041-foot commercial supertall at 66 Hudson Boulevard in Hudson Yards and number nine on our construction countdown. Designed by Bjarke Ingels Group and developed by Tishman Speyer, the 66-story structure will yield 2.85 million square feet of office space and is expected to cost nearly $3.7 billion. Turner Construction Company is the general contractor, Banker Steel provided the steel work, and Permasteelisa is serving as the contractor for the reflective floor-to-ceiling glass enclosure for the property, which takes up a full city block between Tenth and Eleventh Avenues and 34th and 35th Streets.

50 Hudson Yards’ Façade Installation Wraps Up in Hudson Yards, Manhattan

8:00 am on December 22, 2021 By Michael Young

Exterior work is nearing completion on 50 Hudson Yards, a 1,011-foot-tall commercial skyscraper in Hudson Yards and number ten on our year-end countdown. Designed by Foster + Partners and developed by Related Companies and Oxford Properties, the 58-story Midtown, Manhattan supertall is the largest office building in the complex by volume at 2.9 million square feet and occupies a full-block parcel bound by West 34th Street to the north, Tenth Avenue to the east, West 33rd Street to the south, and Hudson Boulevard to the west.

Rendering of 41-47 West 57th Street by OMA

1,100-Foot Supertall at 41-47 West 57th Street Approved for Zoning Bonus in Midtown, Manhattan

8:00 am on December 21, 2021 By Michael Young

At number 11 on our construction countdown is 41-47 West 57th Street, an 1,100-foot-tall mixed-use skyscraper on Billionaires’ Row in Midtown. Designed by OMA and developed by Sedesco, the 63-story, 443,000-square-foot tower will yield 119 residential units spread across 237,000 square feet, a 158-room hotel spanning 205,100 square feet on floors two through 20, and a 10,212-square-foot restaurant. The skyscraper will rise from a plot between Fifth and Sixth Avenues and will have frontage along both West 57th and West 58th Streets.

Covenant House Completes Construction at 460 West 41st Street in Midtown West, Manhattan

7:30 am on December 21, 2021 By Michael Young

Construction is complete on 460 West 41st Street, a 164-foot-tall mixed-use building in Midtown West. Designed by FXCollaborative and developed by Covenant House, the 80,290-square-foot structure is the first supportive housing development by the company in nearly 50 years and was made possible with help from Gotham Organization and Denham Wolf Real Estate Services. The site is located along the southern border of Hell’s Kitchen between Eighth and Ninth Avenues and West 40th and West 41st Streets, and is a short distance from the Port Authority Bus Terminal. The building will yield 60 residential units averaging approximately 884 square feet, as well as a 53,053-square-foot community facility. The project was last reported to cost $128 million.

Updated rendering of 555 Greenwich Street - COOKFOX Architects

Construction Progresses on 555 Greenwich Street in Hudson Square, Manhattan

7:00 am on December 21, 2021 By Sebastian Morris

Construction is progressing on 555 Greenwich Street, a 16-story office building in Hudson Square, Manhattan. Designed by COOKFOX Architects and developed by the joint venture Hudson Square Properties, which includes Trinity Church Wall Street, Hines, and Norges Bank Investment Management, the structure will yield 270,000 square feet and will connect on nearly every floor with an adjacent building at 345 Hudson Street via a horizontal overbuild. Together, the complex will comprise 715,000 leasable square feet. The property is located along Greenwich Street between Charlton and King Streets.

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