Retail

Demolition Wraps Up for KPF-Designed Office Skyscraper at 343 Madison Avenue in Midtown East, Manhattan

Demolition is nearly complete at 343 Madison Avenue, the site of a 49-story commercial skyscraper in Midtown East, Manhattan. Designed by Kohn Pedersen Fox and developed by Boston Properties, the 844-foot-tall structure will yield 750,400 square feet of office space, ground-floor retail, and multiple cellar levels. Titan Industrial Services is the demolition contractor for the property, which is bound by East 45th Street to the north, East 44th Street to the south, and Madison Avenue to the west.

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Coney Island Shore Theater’s Hotel Conversion Begins at 1301 Surf Avenue in Coney Island, Brooklyn

Work has begun on the renovation and hotel conversion of the Coney Island Shore Theater, a seven-story historic building at 1301 Surf Avenue in Coney Island, Brooklyn. Designed by Gerner Kronick + Valcarcel Architects and developed by PYE Properties, the project will transform the derelict 98-year-old structure into a hotel with guest amenities and ground-floor retail space. The property is located at the corner of Surf and Stillwell Avenues and has sat abandoned since the early 1970s.

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Foundations Underway at 300 East 83rd Street on Manhattan’s Upper East Side

Foundation work is progressing at 300 East 83rd Street, the site of a 22-story residential building in the Yorkville section of the Upper East Side. Designed by SLCE Architects and developed by Lalezarian Group, the 235-foot-tall structure will span 84,266 square feet and yield 70 units, as well as cellar and ground-floor retail space. The homes will average 1,203 square feet, likely indicating condominiums. Hudson 37 LLC is the general contractor for the property, which is located at the corner of East 83rd Street and Second Avenue.

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KPF’s 520 Fifth Avenue Supertall Rises Above Street Level in Midtown, Manhattan

Construction is rising above street level on 520 Fifth Avenue, a 76-story residential supertall in Midtown, Manhattan. Designed by Kohn Pedersen Fox and developed by Rabina, which took over from Ceruzzi Properties and SMI USA in 2019, the 1,000-foot-tall structure will span 507,608 square feet yield 98 residential units, as well as commercial space on the lower floors and four cellar levels. WSP is the structural engineer, DeSimone Consulting Engineers is the facade consultant, and Suffolk Construction is the general contractor for the property, which is located at the northwest corner of Fifth Avenue and West 43rd Street, one block north of Bryant Park.

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