Re-cladding work is progressing on 489 Fifth Avenue, a 34-story Class A office building in Midtown, Manhattan. Designed by Kahn & Jacobs in the 1970s, the 175,746-square-foot structure is in the process of an extensive exterior overhaul with modern, expansive glass replacing the former window grid on the main western elevation facing the New York Public Library and Bryant Park. RBG is listed as the owner of the property, which is alternately addressed as 12 East 42nd Street and stands on a 5,100-square-foot interior lot between East 41st and East 42nd Streets.
Excavation and early foundation work is steadily progressing at 354 West 52nd Street, an upcoming seven-story condominium property in Hell’s Kitchen, Manhattan. Designed by Architecture Outfit and developed by Cadence Property Group, HOH Capital Partners, and Deal Lake Capital, who also purchased the adjacent 360 West 52nd Street lot to the west as part of the project, the future 66-foot tall, 55,000-square foot structure will yield 32 units spanning one- to three-bedrooms, stretch nearly 92 feet along West 52nd Street and include a 20-foot wide private main entrance on West 51st Street. Titanium Construction Services, Inc. is the general contractor for the site, which is located between Eighth and Ninth Avenues.
Plans have been revealed for Hudson Yards Phase Two, the latest bid for a potential mixed-use casino development in Manhattan. Partners Related Companies and Wynn Resorts filed plans with the Department of City Planning calling for a $12 billion complex consisting of multiple skyscrapers that would yield 1,500 apartments, 2 million square feet of office space, a public school and daycare center, and a hotel and casino operated by the Las Vegas-based hospitality brand. The development is slated to rise directly west of the first phase of Hudson Yards over the 13-acre open-air Western Rail Yards bound by West 33rd Street to the north, West 30th Street to the south, Eleventh Avenue to the east, and West Street to the west.
Construction has fully topped out on JPMorgan Chase‘s 1,388-foot supertall headquarters at 270 Park Avenue in Midtown East. Designed by Lord Norman Foster of Foster + Partners with Adamsom Associates as the architect of record and developed by Tishman Speyer, the 60-story skyscraper will yield 2.5 million square feet of office space with a capacity of 15,000 employees, and will become the tallest structure in New York completely powered by hydroelectric energy. AECOM Tishman is the general contractor for the full-block project, which is bound by East 48th Street to the north, East 47th Street to the south, Park Avenue to the east, and Madison Avenue to the west.
Nexstar Media Group, the largest TV station operator in the United States, has secured a full-floor sublease at 1301 Avenue of the Americas in Midtown, Manhattan. Nexstar will rent 68,114 square feet on the building’s seventh floor from tax advisory firm CohnReznick. The deal was facilitated by Avison Young.