New renderings from Great Point Studios, a film and television studio investment company, are the first to reveal a new production studio in Newark, New Jersey. The production studio will replace Seth Boyden Terrace, a partially abandoned 12-building housing complex formerly operated by the New Jersey Housing Authority located between Weequahic Park and Newark Airport.
Anchorage Digital and Life Science REIT are the first new tenants to join 470 Park Avenue South following a $15 million renovation of the Midtown commercial building. SJP Properties and PGIM Real Estate, the building’s current owners, retained Gensler and MKDA to complete the modernization project, which was unveiled in February.
SJP Properties and Scotto Properties have revealed the first new renderings of Valley National Bank’s new headquarters in Morristown, New Jersey. Located along Speedwell Avenue near Cattano Avenue, the building will replace several vacant commercial properties where demolition has already begun.
Construction is complete on the steel and glass garden canopy at 550 Madison Avenue, a 684-foot-tall landmarked skyscraper in Midtown East. The triple-height framework is designed by Snøhetta with AECOM Tishman as the general contractor, and is part of a 21,000-square-foot indoor-outdoor renovation of the 38-year-old postmodern office building by The Olayan Group and RXR Realty, along with a revamped lobby designed by Gensler that was completed late last year. The developers are aiming to achieve LEED Platinum and WELL Gold certifications for the building, which is located between East 55th and 56th Streets.
French design house Hermès has signed a 71,757-square-foot lease at 550 Madison Avenue, Philip Johnson’s landmarked commercial tower in Midtown East, Manhattan. The sprawling new office will span three full levels across the 23rd through 25th floors.
