Commercial

Excavation Begins at 10 West 55th Street in Midtown, Manhattan

Excavation has begun at 10 West 55th Street, the site of a 24-story residential building in Midtown, Manhattan. Designed by Morris Adjmi Architects and developed Garden Homes under the 18 West 55th Street LLC, the 289-foot-tall structure will yield 152,689 square feet with 96 units spread across 134,980 square feet, 17,709 square feet of commercial space, and a cellar level. Garden Homes and co-developer and general contractor Skyline Developers purchased the property, which is located between Fifth and Sixth Avenues, for $75 million in 2019.

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111 Wall Street’s New Curtain Wall Reaches Upper Levels in Financial District, Manhattan

Renovation work is moving along on 111 Wall Street, a 25-story commercial building in Manhattan’s Financial District. Designed by STUDIOS Architecture and developed by Wafra Capital Partners and The Nightingale Group, the $100 million project involves the replacement of the structure’s midcentury façade with a modern glass curtain wall and the full gut renovation of its 1.5 million square feet of office space, as well as the construction of an expanded lobby and amenity spaces designed by URBN Playground on the lower floors. Hunter Roberts Construction Group is the general contractor and JLL is handling leasing for the property, which is bound by Wall Street and Mannahatta Park to the northeast, Front Street to the northwest, South Street and the FDR Drive to the southeast, and Gouverneur Lane to the southwest.

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1162 Broadway’s Exterior Progresses Slowly in NoMad, Manhattan

Exterior work continues on 1162 Broadway, a 13-story commercial building in the Madison Square North Historic District of NoMad. Designed by Morris Adjmi Architects and developed by 1162 Broadway LLC, the 185-foot-tall structure will yield Class A office space and 1,800 square feet for a restaurant on the ground floor and cellar level. On Star Management is the general contractor for the property, which is located between West 27th and 28th Streets.

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