Insurance conglomerate AIG has officially announced the relocation of its global headquarters to 1271 Avenue of the Americas in Midtown, Manhattan. The new headquarters will span eight floors or approximately 325,000 feet.
Fosun International Ltd.
Excavation work appears imminent at the site of the 51-story, 180-unit mixed-use tower under development at 15 East 30th Street, located on the corner of Madison Avenue in NoMad. Progress, which also includes apparent work on below-grade retaining walls, can be seen thanks to photos posted to the YIMBY Forums. The latest building permits indicate the tower will encompass 361,785 square feet and rise 756 feet in height.
Back in late April the Wall Street Journal posted a sliver of the rendering for 126 Madison Avenue, a 47-story residential tower which is being developed by Fosun Property and JD Carlisle at the northern edge of NoMad, on the east side of 30th Street and Fifth Avenue. Now, YIMBY has the full image for the skyscraper, as well as another perspective, giving a much better idea of the 730-foot project’s eventual impact on the Midtown South skyline.
In 2013, Fosun International Ltd. bought One Chase Manhattan Plaza. They have re-branded it as 28 Liberty Street and now they want to re-develop the landmark. The proposal includes ground floor retail and major changes to the plaza, and was presented to the Landmarks Preservation Commission on Tuesday, but the commissioners had issues. So, the team will have to re-work their plan before they get the go-ahead.