Construction Update

City Hall Park’s Development Boom In Full Swing as Both 25 Park Row and 1 Beekman Street Now Rising, Financial District

8:00 am on March 6, 2018 By Andrew Nelson

Construction is moving along quickly for two new towers on City Hall Park. The park is one of just three major public outdoor areas in the Financial District, making any development around it particularly important. The buildings photographed for this article are 25 Park Row and 1 Beekman Street, which will add a combined 142 new condominiums and nearly 67,000 square feet of commercial space to the neighborhood.

Foster + Partners-Designed 425 Park Avenue Begins Slow Rise in Midtown East

8:00 am on March 2, 2018 By Andrew Nelson

425 Park Avenue in Midtown East has been the focus of much interest, with good reason. Unlike the full demolition and larger replacement impending for the Union Carbide Building, the old pre re-zoning regulations forced 425 Park’s developers to maintain 25% of the extant structure in order to build to its exact original square footage. Now, steel and concrete for the Foster + Partners creation are finally rising above the old shell, and the project is slowly moving upwards and into the neighborhood skyline.

Streitz Matzo Factory-Replacing 150 Rivington Street Tops Out on Lower East Side

7:30 am on March 2, 2018 By Andrew Nelson

Construction at 150 Rivington Street on Manhattan’s Lower East Side has moved along quickly. YIMBY last reported on the site’s progress in January, when the structure was just two stories high. Now, the building has topped-out, at seven stories. Cogswell Lee Development is responsible for the project, which replaces the former Streitz Matzo Factory.

Inside Look at One Vanderbilt as Midtown East’s First New Supertall Begins Rapid Rise

8:00 am on March 1, 2018 By Andrew Nelson

It was just a month ago that YIMBY reported on progress on One Vanderbilt, the first supertall to result from the rezoning of Midtown East. The tower had reached the milestone of finally surpassing its massive cantilevering base, revealing its full width to pedestrians. Today, we have a look at photographs from inside the site by Max Touhey.

3 World Trade Center, image by Andrew Campbell Nelson

Rooftop Views & Interior Update on Supertall 175 Greenwich Street, aka 3 World Trade Center, As Opening Day Approaches

8:00 am on February 21, 2018 By Andrew Nelson

Last week, YIMBY was taken on a tour of 175 Greenwich Street, aka 3 World Trade Center, visiting the rooftop, the terrace, and the lobby. The building, located in the heart of the Financial District, has made incredible progress, with the façade now complete save for windows connected to the exterior hoist. Interior work is also approaching the finish line.

World Trade Center Performing Arts Center, image by REX

Construction Resumes on The Ronald O. Perelman Performing Arts Center at the World Trade Center

8:00 am on February 19, 2018 By Nikolai Fedak

Back in December, YIMBY reported that work had appeared to stall for The Perelman Performing Arts Center at the World Trade Center, in the Financial District. While things have appeared to remain in-stasis since then, news has now broken that Governor Cuomo has officially allowed construction of the new PAC. That means work should soon begin again on the site, and may partially explain the delays seen over the past few months.

19 Dutch from 3 World Trade Center, image by Andrew Campbell Nelson

19 Dutch Street Nears Completion As Exterior Work Wraps, Financial District

8:00 am on February 16, 2018 By Andrew Nelson

Construction is wrapping up at the 63-story residential tower at 19 Dutch Street, formerly known as 118 Fulton Street, in the Financial District. The last time YIMBY covered the structure, it had just topped-out. Now, work is nearly complete, with the façade almost entirely installed. For now, the exterior hoist remains up, and installation of interiors is ongoing. Carmel Partners is responsible for the development.

511 East 86th Street, rendering by EP Engineering

Rendering Revealed, Construction Making Headway for 511 East 86th Street, Yorkville

7:30 am on February 16, 2018 By Andrew Nelson

Construction is moving along for the 22-story residential building at 511 East 86^th Street, on the Upper East Side of Manhattan. The project is in Yorkville, and is just two avenues away from the brand new 86^th Street Subway Station, serviced by the Q trains. Sky Management is responsible for the development.

242 West 53rd Street, image by Andrew Campbell Nelson

Roseland Ballroom’s Futuristic Replacement “ARO” Nears Completion at 242 West 53rd Street, Midtown Manhattan

8:00 am on February 14, 2018 By Andrew Nelson

Construction is nearly complete for the 62-story mixed-use tower named “ARO” at 242 West 53^rd Street, in Midtown, Manhattan. A plethora of transit options are located near the site. The A, B, C, D, E, F, N, Q, R, W, and 1 trains can all be found within seven blocks distance. Algin Management is responsible for the development.

519 West 29 Street, rendering courtesy Six Sigma

Renderings Revealed, Demolition Permits Filed for 517, 519, 523 West 29th Street, Chelsea, Manhattan

7:30 am on February 13, 2018 By Andrew Nelson

Demolition Permits have been filed for 517, 519, and 523 West 29 Street, in West Chelsea, Manhattan. The site is just blocks away from Hudson Yards. This comes over a year after reports broke that developer Six Sigma paid a pricey $800 per buildable foot for 4,900 square feet of air rights to add to the project. The $3.92 million purchase allows the developer to add another floor to the top of the structure, which can be expected to sell for quite a sum. Six Sigma purchased the actual property for $54.75 million.

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Construction Update

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