Construction Update

New Renderings of FXCollaborative’s Two-Tower Development at 495 Eleventh Avenue Revealed in Midtown West, Manhattan

At number 20 on our year-end countdown is a pair of mixed-use residential skyscrapers at 495 Eleventh Avenue in Midtown West, Manhattan. Designed by FXCollaborative with Gene Kaufman Architects as the architect of record, the 589,842-square-foot project consists of a 680-foot-tall, 57-story edifice paired with a slightly shorter 653-foot-tall, 56-story sibling that will rise along Eleventh Avenue between West 39th and West 40th Streets, next to the Jakob K. Javits Center. NYC Economic Development Corporation is listed as the owner behind the applications that were filed back in late October.

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Construction And Window Installation Continues At 115 East 55th Street In Midtown East, Manhattan

Work is continuing to wrap up on 115 East 55th Street, an 18-story residential building in Midtown East. Designed by SLCE Architects for Zeckendorf Development, the 185-foot-tall reinforced concrete structure will yield 71,961 square feet and 58 units. CM& Associates Construction Management, LLC is the general contractor for the property, which is located on a relatively small site between Lexington and Park Avenues, directly to the east of Norman Foster’s 425 Park Avenue.

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Rendering of 12 West 57th Street by Skidmore, Owings & Merrill

SOM’s 12 West 57th Street Awaits Final Demolition in Midtown, Manhattan

At number 21 on our year-end countdown is 12 West 57th Street, a 672-foot-tall residential skyscraper in Midtown, Manhattan. Designed by Skidmore, Owings, & Merrill and developed by Sheldon Solow of Solow Management Corp., who filed permits for the proposal in 2019, the tower will rise along Billionaires’ Row between Fifth and Sixth Avenues and West 56th and 57th Streets. Before construction can break ground, the remaining two structures occupying the plot from 10 to 20 West 57th Street must first be demolished.

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Aloft Hotel Progresses at 450 Eleventh Avenue in Hudson Yards, Manhattan

At number 22 on our year-end countdown is 450 Eleventh Avenue, a topped-out 642-foot-tall Aloft Hotel in Hudson Yards. Designed by DSM Design Group and developed by Marx Development Group, the slender 51-story reinforced concrete skyscraper will yield 379 guest rooms as well as a business center, a ballroom, and a fourth-floor restaurant and bar with an outdoor terrace overlooking the growing neighborhood. Atria Builders LLC is the general contractor for the Midtown, Manhattan property, which is located at the corner of West 37th Street and Eleventh Avenue, directly across from the Jacob K. Javits Center. The total construction cost is expected to be around $368 million.

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