Retail

685 Fifth Avenue. Rendering via Marin Architects

685 Fifth Avenue’s Mandarin Oriental Conversion and Expansion Now Underway, in Midtown

Work is underway to prepare 685 Fifth Avenue for a 100,000-square-foot office-to-condominium conversion. The first batch of scaffolding has been assembled on the northern profile of the address, and a green scaffold board runs along the top of the retail section. The 20-story building will eventually be a 30-story building, with ten additional floors to be built atop the current roof parapet. The residential component will comprise 69 condos, to be managed by Mandarin Oriental Hotel Group. SHVO is the property developer and has partnered with BLG Holdings and Deutsche Financial to spend $135 million on the expansion and conversion of the property, which will stand 350 feet tall and rise 30 stories when complete. Marin was the architect of record and the design architect, with March & White handling the interior design. Brookfield Properties is in charge of marketing the Fifth Avenue retail space.

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Virgin Hotel’s Exterior Nearing Completion At 1225 Broadway, in NoMad

The Virgin Hotel at 1225 Broadway in NoMad is steadily making its way toward completion. The glass curtain wall is closing in on the upper portions of the flat roof parapet, while more steel columns, beams, and metal decking for the podium section of the property have been inserted into place. There will be a total of about 300,000 square feet of newly built space, mostly being allocated towards the 460 hotel rooms. The podium will contain 90,000 square feet of retail. Lam Group is the developer of the property, and Sir Richard Branson of Virgin Group will be in charge of managing the address.

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Rendering of the new terminal Warehouse in Chelsea, Manhattan (COOKFOX)

COOKFOX Reveals New Renderings of Terminal Warehouse Renovation in Chelsea

The historic Terminal Warehouse in West Chelsea will soon undergo a transformative renovation to accommodate a mix of first-class office space, new dining area, and ground-floor retail. L&L Holding Company and Normandy Real Estate Partners are working in collaboration to redevelop the 1.2-million-square-foot property, which occupies an entire city block from Eleventh to Twelfth Avenue and 27th to 28th Street.

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