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.

Read More

Affordable Housing Lottery Launches for 186 East 205th Street in Bedford Park, Bronx

7:00 am on October 2, 2021 By Vanessa Londono

The affordable housing lottery has launched for 186 East 205th Street, an eight-story residential building in Bedford Park, The Bronx. Designed by Badaly Architects and developed by Franco Sukaj, the 42,524-square-foot structure yields 62 residences. Available on NYC Housing Connect are 19 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $41,143 to $167,570.

Read More
270 Park Avenue

270 Park Avenue’s First Office Levels Begin Formation in Midtown East, Manhattan

8:00 am on October 1, 2021 By Michael Young

Construction has reached the first office levels of JP Morgan Chase‘s new 1,388-foot supertall headquarters at 270 Park Avenue in Midtown East. Steel assembly on the gargantuan ground floor has reached the eastern end of the rectangular parcel, while the rest of the flaring diagonal columns complete the outline of the base. This week, workers began to weld the first set of vertical columns and diagonal beams above the ground floor, which will become trading floors in the first tier of floor plates in the 2.5-million-square-foot behemoth. Tishman Construction is the general contractor for the project, located between Park and Madison Avenues and 47th and 48th Streets.

Read More