Construction Update

77 Greenwich Rapidly Ascends Towards 500′ Pinnacle in the Financial District

Work on 77 Greenwich Street is progressing rapidly. The imminently 500-foot tall and 42-story building is quickly rising above its podium, and has already reached its tenth floor. The FXCollaborative-designed tower will house 90 residential units beginning 150 feet above the streets down below. Interiors are being designed by Deborah Berke Partners. Trinity Place Holdings is the developer of the site, which sits on the western side of the Financial District.

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520 Fifth Avenue

Checking In On Ceruzzi Properties’ Planned 76-Story Skyscraper at 520 Fifth Avenue, in Midtown Manhattan

Set to rise at the northern corner of Fifth Avenue and West 43rd Street, 520 Fifth Avenue is likely to be the first skyscraper along Fifth Avenue to top the 900-foot mark. The project will rise in the heart of Midtown, one street away from the eastern end of Bryant Park. The glass-enclosed tower will have 76 floors and stand 920 feet to its pinnacle. Handel Architects is the architect, and Arthur Hooper of Ceruzzi Properties will be developing in conjunction with SMI USA.

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Demolition Makes Headway for Major New Hotel at 450 11th Avenue, Hudson Yards

With new construction permits filed last summer and demolition filings nearly a year ago, the site of 450 Eleventh Avenue is beginning to see some change. The existing low-rise buildings on the location are nearly gone as the lot gets cleared to make way for the upcoming ground-up 43-story hotel. Located across from the Jacob K. Javits Center between West 36th street and West 37th Street, the 487-foot tall building will be designed by DSM Design Group and developed by Marx Development Groups.

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Morris Adjmi’s Residential Tower at 30 East 31st Street Set for 2019 Completion, in NoMad

Rising above NoMad between Park Avenue South and Madison Avenue, 30 East 31st Street is a new residential tower designed by Morris Adjmi Architects, and stands 40 stories to its rooftop. The crossed beams at the top of the building are a visual signature of the design, and will soon be enclosed in an exterior envelope of dark-colored waterproofing and glass. The project is being developed by Ekstein Development and Pinnacle Real Estate.

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SOM-Designed Office Tower at 1241 Broadway Imminently Set to Begin Construction in NoMad

Sitting on a corner lot at the southwest intersection of Broadway and West 31st Street on the bleeding northern edge of NoMad, 1241 Broadway is slated to become one of Midtown South’s newest office buildings. Designed by Skidmore Owings & Merrill, the impending 22-story and 318-foot-tall commercial office tower is being developed by GDS Development and Sweden-based Klovern. With renderings revealed and permits filed, YIMBY stopped by the old parking lot to check on progress. The site has already been vacated and cleared, while the original steel signage for the parking still remains standing above the sidewalk. Triton Construction will be in charge of building the 170,000 square foot project. Their name, along with GDSNY, are displayed on the black fence that currently surrounds the lot.

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