Retail

Klövern and GDS Development Break Ground on 28 & 7 Office Building, at 322-326 Seventh Avenue, in Chelsea

Klövern and GDS Development recently broke ground on a new Manhattan boutique office project in Chelsea, called 28 & 7. Skidmore Owings & Merrill is the designer of the 12-story, class A office structure, which is located at 322-326 Seventh Avenue and is one of three properties that the two developers are working together on in New York City. Klövern is aiming to bring a more Scandinavian-inspired approach to the office market with higher sustainability standards and a more “human-scaled” design approach.

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Rendering of he Morgan North Post Office roof deck - Tishman Speyer

Tishman Speyer to Develop 630,000-Square-Foot Office Space Atop the Morgan North Postal Facility in West Chelsea

Tishman Speyer and the United States Post Office have concluded negotiations to redevelop the upper floors of a historic postal facility into a dynamic office complex above West Chelsea. Known as the Morgan North Postal Facility, the building was originally completed in 1933 and encompasses an entire city block from Ninth to Tenth Avenue and 29th to 30th Streets.

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12 East 48th Street’s Metallic Façade Panels Continue to Climb in Midtown East

12 East 48th Street‘s distinctive metallic façade panels are making their way up the northern elevation of the 31-story Midtown East structure. Arranged in a staggered pattern surrounding floor-to-ceiling windows, the bold curtain wall will create a striking contrast with the surrounding masonry-clad buildings. Located between Madison Avenue and Fifth Avenue, the slim tower is topped out and will eventually open as a 161-room Hilton Grand Vacation Hotel. The project is designed by Handel Architects and developed by Hidrock Realty.

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The Cove Nears Completion at 43-12 Hunter Street in Long Island City

Construction on 43-12 Hunter Street, now referred to The Cove, is nearing completion in Long Island City. The curtain wall has reached the top of the 18-story reinforced concrete structure and work is wrapping up on the ground floor façade and interiors. The Queens project is designed by SLCE Architects and developed by Rockrose Development, which purchased the site for $1 million back in 2006. Slade Architecture is in charge of the interior design. There will be 123 units, 37 units being affordable homes, or roughly 30 percent of the total.

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