Cushman & Wakefield

Ten Questions With 25 Park Row and L+M Development’s Tell Metzger, on Neo Art Deco, Neighborhood Retail, and More

Exterior work is now fully complete at 25 Park Row, a 702-foot-tall mixed-use skyscraper in the Financial District, and what had been an active project on YIMBY’s annual December countdown list the past few years. Designed by COOKFOX Architects and developed by J&R Music World’s Friedman family and L+M Development Partners, the 50-story reinforced concrete structure contains a total of 110 residences. YIMBY recently spoke with L+M’s Tell Metzger about the rise of the new tower, the evolution of the surrounding neighborhood, and the changing styles of contemporary residential high-rise design.

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Rendering of new entryways at 545 Madison Avenue - Marx Realty; Studios Architecture

Marx Realty Announces $24 Million Renovation of 545 Madison Avenue in Midtown

Marx Realty has announced an extensive renovation project at 545 Madison Avenue to modernize the Midtown office building. The scope of work includes an overhaul of the lobby, creation of pre-built tenant suites on the third and 14th floors, and the construction of 5,000 square feet of new amenity spaces. According to representatives from the company, total construction costs for the project hover around $24 million and represent the growing demand for offices with hospitality-oriented amenities.

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2505 Bruckner Boulevard - Design by KSS Architects

Developers Secure $305 Million for Logistics Center at 2505 Bruckner Boulevard in The Bronx

The development team behind a waterfront logistics center in The Bronx’s Schuylerville neighborhood has secured $305 million in financing to fund construction. The New York City-based developers include Innovo Property Group and Square Mile Capital Management, who worked with Bank OZK and the Structured Finance platform of EverWest Real Estate Investors to structure the deal.

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25 Park Row Prepares For Anticipated Spring Debut in the Financial District

Work is nearing completion at 25 Park Row, a 702-foot-tall mixed-use skyscraper in the Financial District. Designed by COOKFOX Architects and developed by L+M Development Partners along with the family behind J&R Music World, the 50-story building will contain 110 residences marketed by Corcoran Sunshine Marketing Group, as well as commercial space handled by Cushman & Wakefield.

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