Retail

Gotham Point’s 57-Story ‘Parcel F’ Tops Out in Hunters Point South, Queens

8:00 am on October 5, 2021 By Michael Young

Construction has topped out on Parcel F, a 57-story 559-foot tall skyscraper in the Gotham Point development in Hunters Point South, Queens. Designed by Handel Architects and developed by Gotham Organization, RiseBoro Community Partnership, Goldman Sachs Urban Investment Group, and the Department of Housing Preservation and Development (HPD), the reinforced concrete structure will yield 689 units alongside a 1,100-seat Intermediate High School built by the School Construction Authority, and Parcel G, its 33-story, 336-foot tall, 443-unit sibling. Gotham Point is located at the confluence of the East River and Newtown Creek, bound by Center Boulevard to the north, 56th Avenue to the east, and 57th Avenue to the west. Handel Architects is also the interior designer while BHDM did the interior for the model apartment only.

View of One Vanderbilt - Photo by Michael Young

UiPath Inks 26,000 SF Office Lease with SL Green at One Vanderbilt in Midtown, Manhattan

7:00 am on October 5, 2021 By Sebastian Morris

UliPath, a global automation software company, is the latest tenant to set up shop at One Vanderbilt, one of the most coveted commercial office towers in Midtown, Manhattan. SL Green Realty, Manhattan’s largest office landlord, closed on the 15-year full-floor lease at the end of September.

139 Bowery Stands Topped Out on Manhattan’s Lower East Side

7:30 am on October 4, 2021 By Michael Young

Construction has topped out on 139 Bowery, a 14-story mixed-use building in the Bowery section of Manhattan’s Lower East Side. Designed by Raymond Chan Architects and developed by Global Joint Venture, the structure will yield 16 residential units, ground-floor retail space, a 550-square-foot medical facility, and commercial office space spanning floors two through five. Mandarin Enterprises is the general contractor for the building, which is located between Broome and Grand Streets.

241 West 28th Street’s Reinforced Concrete Superstructure Climbs Over Chelsea, Manhattan

7:30 am on October 3, 2021 By Michael Young

Construction is rising on 241 West 28th Street, a 22-story residential project in Chelsea. Designed by COOKFOX for MAG Partners, Atalaya, Safanad, and Qualitas, the 248,000-square-foot two-tower development will yield 479 units with 30 percent reserved for low- and middle-income households. King Contracting Group is doing the brick work and Urban Atelier Group is the general contractor for the complex, which is located between Seventh and Eighth Avenues.

550 Madison Avenue Officially Unveils New Lobby in Midtown East, Manhattan

8:00 am on October 2, 2021 By Michael Young

YIMBY attended the recent unveiling of the newly renovated lobby of 550 Madison Avenue, a 37-story, 684-foot-tall office skyscraper in Midtown East. Designed by Gensler and developed by The Olayan Group and RXR Realty, the project involves a 21,000-square-foot indoor-outdoor overhaul of the 1984 postmodern landmark from Philip Johnson and John Burgee. In addition to the updated lobby, which features an art installation from Polish-German contemporary visual artist Alicja Kwade called Solid Sky, the undertaking will also provide a new café, elevated and ground-level landscaping, expanded seating with additional tables, and public restrooms. 550 Madison Avenue spans between East 55th and 56th Streets.

Rendering of 26-25 Fourth Street. Designed by J Frankl Associates

Developers Secure $65.9M for 165-Unit Building at 26-25 Fourth Street in Astoria, Queens

7:30 am on September 30, 2021 By Sebastian Morris

SCALE Lending recently provided $65.9 million in financing to facilitate the completion of a new 19-story residential building at 26-25 Fourth Street in Astoria, Queens. Designed by J Frankl Associates and developed by Bruman Realty, the 289,000-square-foot structure will stand 204 feet tall and yield 165 rental apartments, 38,000 square feet of retail space, and a 101-vehicle parking garage on a lot between 26th and 27th Avenues.

1,046-Room Hilton Tower Nears Completion at 150 West 48th Street in Times Square, Manhattan

8:00 am on September 29, 2021 By Michael Young

Façade work is rapidly progressing on the recently topped-out 150 West 48th Street, a 418-foot-tall, 38-story triple-brand Hilton hotel tower in Times Square. Designed by Gene Kaufman Architect and developed by Sam Chang of McSam Hotel Group, the 320,000-square-foot structure will yield 1,046 hotel rooms with a Hampton Inn, a Home 2 Suites, and a Motto Hotel, Hilton’s newest brand of micro-hotels. McSam Hotel Group purchased the Midtown, Manhattan site from Rockefeller Group in early 2019 for $140 million, and also received a $250 loan before construction broke ground last year. Omnibuild is in charge of erecting the tower, which is located by the corner of West 48th Street and Seventh Avenue.

Rendering of 155 Wythe Avenue - Courtesy of Spacecutter

Rendering Revealed for Residential Expansion at 155 Wythe Avenue in Williamsburg, Brooklyn

7:00 am on September 29, 2021 By Sebastian Morris

The first rendering has been revealed for a multi-family expansion at 155 Wythe Avenue in Williamsburg, Brooklyn. Designed by Spacecutter, the project involves the construction of a fourth floor and a horizontal addition on the three-story residential building.

TSX Broadway New Superstructure Steadily Takes Shape at 1568 Broadway in Times Square, Manhattan

8:00 am on September 28, 2021 By Michael Young

Construction is progressing on the new superstructure of TSX Broadway, a 470-foot-tall hotel at 1568 Broadway in Times Square. Designed by PBDW Architects, Mancini Duffy, and Perkins Eastman and developed by L&L Holding Company, Maefield Development, and Fortress Investment Group, the Midtown, Manhattan project required the partial demolition of the DoubleTree Suites by Hilton while preserving a portion of the original steel-framed podium that’s being repurposed, refurbished, and incorporated into the 21st century overhaul. The end result will be a new 550,000-square-foot tower that will include Kirchoff & Rose’s 108-year-old Palace Theater, which is being renovated and raised 30 feet to make way for ground-floor retail space. The site is located at the corner of Seventh Avenue and West 47th Street, to the east of the red TKTS stairs, and is slated to cost $2.5 billion.

Rendering of Centurion Union Center - LANDMARK

Leasing Launches for 945 Stuyvesant Avenue in Union, New Jersey

7:00 am on September 27, 2021 By Sebastian Morris

Leasing is now underway at 945 Stuyvesant Avenue, a new mixed-used building at Centurion Union Center in Union, New Jersey. The four-story property comprises a mix of rental apartments, amenity spaces, ground-floor retail, and surface-level parking.

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