Retail

300 West 30th Street Wraps Up Construction in Chelsea, Manhattan

Construction is finishing up on 300 West 30th Street, a 16-story residential building in Chelsea. Designed by Studio C Architects and developed by Hiwin USA, which purchased the property for $27.5 million from Salt Equities in May 2018, the structure will yield 69 units in studio to two-bedroom layouts, as well as ground-floor retail space. Efin Management Corporation is the general manager of the project, which is located at the corner of West 30th Street and Eighth Avenue, a short walk from Madison Square Garden, Penn Station, and Moynihan Train Hall. Workshop/APD is the interior designer and Corcoran New Development is handling sales and marketing.

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Aerial view of 50 Penn at 50 Pennsylvania Avenue - Courtesy of Pennrose and RiseBoro Community Partnership

Developers Compete 50 Penn Affordable Housing Project at 50 Pennsylvania Avenue in East New York, Brooklyn

Developers and city officials recently celebrated the completion of 50 Penn, a 218-unit affordable housing property at 50 Pennsylvania Avenue in East New York, Brooklyn. Developed by Pennrose with design by Dattner Architects, the building’s residential collection includes include 56 studios, 96 one-bedroom, 48 two-bedroom, and 18 three-bedroom apartments.

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Excavation Begins for 220 Eleventh Avenue in West Chelsea, Manhattan

Work is progressing below grade for the Hudson Arts Building, a ten-story commercial structure at 220 Eleventh Avenue in West Chelsea. Designed by STUDIOS Architecture and developed by The Moinian Group, the project is located along Eleventh Avenue between West 25th Street and West 26th Streets. 220 Eleventh, LLC is the owner, AECOM Tishman is the general contractor, and JLL is the exclusive leasing agent for the Midtown, Manhattan property.

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Aerial Rendering of proposed alterations and rooftop pavilion at 122 Fifth Avenue - Studios Architecture

122 Fifth Avenue’s Expansion Tops Out in Union Square, Manhattan

YIMBY attended a topping-out ceremony for 122 Fifth Avenue, a 11-story commercial building expansion in Union Square. Designed by STUDIOS Architecture and developed by Bromley Companies, the 300,000-square-foot project involves the erection of a one-story steel-framed addition above the parapet of the landmarked building, as well as the construction of a reinforced concrete annex that will expand the property’s T-shaped footprint along West 17th Street. Microsoft has signed on as the anchor tenant for the office space, and athleisure company Allbirds will occupy the retail space. Omnibuld is the general contractor for the Midtown, Manhattan property.

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