Retail


Mandarin Oriental Residences Fifth Avenue Nears Completion at 685 Fifth Avenue, in Midtown, Manhattan 

Exterior work is nearing completion on the Mandarin Oriental Residences Fifth Avenue, a 29-story residential tower at 685 Fifth Avenue in Midtown. Designed by Marin Architects and developed by SHVO in partnership with Deutsche Finance, the more than $300 million project involves the construction of a ten-floor addition above a former commercial building and the residential conversion of 100,000 square feet of its office space, and will yield 69 fully furnished condominium units managed by Mandarin Oriental Hotel Group and marketed by Douglas Elliman Development Marketing. The Rinaldi Group of New York is the general contractor for the property, which is located between East 53rd and 54th Streets.

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PENN 2’s Cantilever LED Display Begins Testing at Two Penn Plaza in Midtown, Manhattan

Modernization work is shaping up on PENN 2, a 31-story commercial building at Two Penn Plaza in Midtown, Manhattan. Designed by MdeAS Architects and developed by Vornado Realty Trust, the project involves the replacement of the 412-foot-tall tower’s aging midcentury façade with a lighter glass curtain wall and the full gut renovation of its 1.61 million square feet of office space, as well as the construction of new pocketed corner terraces and a multistory cantilevering volume along Seventh Avenue. GMSLLP is the façade consultant and Turner Construction Company and Skanska are the contractors for the property, which is located between West 31st and West 33rd Streets within the Penn District revitalization master plan.

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The Rockwell’s Brick Façade Takes Shape at 2688 Broadway on Manhattan’s Upper West Side

Exterior work is progressing on The Rockwell, a 13-story residential building at 2688 Broadway on Manhattan’s Upper West Side. Designed by Hill West Architects and developed in collaboration by Toll Brothers, which is also serving as the general contractor, and Sculptor under the 2686-2690 Broadway LLC, the structure will yield 81 condominium units in studio to three-bedroom layouts and a ground-floor retail space to be occupied by a CVS Pharmacy. The property is located at the southeast corner of West 103rd Street and Broadway.

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