Office

RFEI to Be Issued For 44-36 Vernon Boulevard’s Redevelopment in Long Island City, Queens

7:30 am on February 16, 2025 By Michael Young and Matt Pruznick

The New York City Economic Development Corporation (NYCEDC) is planning to issue a Request For Expressions of Interests (RFEI) on behalf of the city for 44-36 Vernon Boulevard, a six-story commercial building in Long Island City, Queens. The RFEI is an appeal to the public for input on the redevelopment of the 672,000-square-foot structure, which currently serves as the central hub for New York City’s Department of Education. Based on the public feedback, the city will decide whether to embark on a full or partial transformation of the property into revamped commercial, light industrial, or community space. The redevelopment could also include the addition of waterfront access under the OneLIC Long Island City Neighborhood Plan initiative by the Department of City Planning (DCP). The property is located along Anable Basin at the intersection of Vernon Boulevard and 44th Drive.

Public Review Set for 1,600-Foot Supertall at 350 Park Avenue in Midtown East, Manhattan

8:00 am on February 7, 2025 By Michael Young and Matt Pruznick

The public review process is scheduled to begin next month for 350 Park Avenue, a nearly 1,600-foot-tall office skyscraper in Midtown East, Manhattan. Designed by Foster + Partners and developed by Vornado Realty Trust, Rudin, and Ken Griffin, the 62-story supertall will yield 1.8 million square feet of Class A office space with a capacity of 6,000 employees. Griffin’s companies Citadel and Citadel Securities will serve as anchor tenants, occupying at least 850,000 square feet. The property is located between East 51st and 52nd Streets.

Rendering of 10th Avenue entrance, via Wells Fargo

Re-cladding Nears Completion on 20 Hudson Yards in Hudson Yards, Manhattan

8:00 am on February 4, 2025 By Michael Young and Matt Pruznick

Re-cladding work is nearing completion at 20 Hudson Yards, a partial retail-to-office conversion in Hudson Yards, Manhattan. Designed by Kohn Pedersen Fox and developed by Related Companies, the project involves the repurposing of the top three levels of the Shops & Restaurants at Hudson Yards mall into a 445,000-square-foot office for Wells Fargo. The conversion will accommodate a capacity of 2,300 employees, allowing the financial institution to consolidate most of its New York workforce into one location, along with the nine stories it also occupies at 30 Hudson Yards. The property is located along Tenth Avenue by the intersection with West 31st Street.

Excavation, Pilings Progress at 37-18 138th Street in Flushing, Queens

8:00 am on January 26, 2025 By Michael Young and Matt Pruznick

Excavation and pilings are progressing at 37-18 138th Street, the site of a nine-story commercial building in Flushing, Queens. Designed by Akaia Architecture with Angelo Ng & Anthony Ng Architects Studio as the architect of record, and developed by New Age Developers LLC, the 120-foot-tall structure will yield 65,000 square feet of commercial space to be occupied by restaurants, retail, offices, and a rooftop bar, as well as 27,000 square feet of medical office space. The property is bound by 37th Avenue to the north, 38th Avenue to the south, and 138th Street to the east.

New 20-Year Lease Signed for 7 Times Square In Midtown, Manhattan

7:00 am on January 14, 2025 By Max Gillespie and Matt Pruznick

Apparel holding company KnitWell Group has signed a 20-year lease extension for 246,000 square feet at 7 Times Square, a 47-story office skyscraper in Times Square, Manhattan. The lease will expand the company’s existing 191,000-square-foot presence in the building by two additional full floors. Designed by SOM and developed by Boston Properties, the 724-foot-tall structure spans 1.25 million square feet and is located at West 42nd Street between Broadway and Seventh Avenue.

Photograph of The Spiral. Courtesy of Tishman Speyer

Refinancing Completed For The Spiral At 66 Hudson Boulevard In Hudson Yards, Manhattan

7:30 am on January 11, 2025 By Max Gillespie

Tishman Speyer has completed refinancing for The Spiral, a supertall office skyscraper at 66 Hudson Boulevard in Hudson Yards, Manhattan. Designed by Bjarke Ingels Group, the property stands 1,031 feet tall. The refinancing deal totaled $2.85 billion and came in the form of a CMBS loan.

Union Center Reaches Street Level at 37-16 Union Street in Flushing, Queens

7:30 am on January 6, 2025 By Michael Young and Matt Pruznick

Construction has reached street level for Union Center, a 16-story mixed-use building at 37-16 Union Street in Flushing, Queens. Designed by Raymond Chan Architect and developed Lions Group NYC, the 189-foot-tall structure will span 207,239 square feet, with 133,000 square feet of Class A office space, community facility space, 5,000 square feet of ground-floor retail, a 48-foot-long rear yard, and 142 enclosed valet parking spaces across three cellar levels. The office space will offer flexible tenant arrangements and roof terraces on the 16th floor. ZL Macedonia LLC is listed as the owner of the property, which is situated on an interior lot facing the intersection of Union Street and 38th Avenue.

Redeemer East Side Wraps Up Construction at 150 Eat 91st Street on Manhattan’s Upper East Side

8:00 am on January 2, 2025 By Michael Young and Matt Pruznick

Construction is finishing up on Redeemer East Side, a 12-story mixed-use facility for the Redeemer Presbyterian Church at 150 East 91st Street in the Carnegie Hill section of Manhattan’s Upper East Side. Designed by STUDIOS Architecture, the 170-foot-tall structure features a fellowship hall with a capacity of 300, a 600-seat auditorium for worship and gatherings, 17 classrooms, and a catering kitchen. The Presbyterian organization acquired the property for $29.5 million in 2020 and will relocate to the new facility from its current address at 112 East 75th Street. The development is situated on a 50-foot-wide interior lot between Lexington and Third Avenues.

Exterior Work Continues on JPMorgan Chase’s Supertall Headquarters at 270 Park Avenue in Midtown East, Manhattan

8:00 am on December 31, 2024 By Michael Young and Matt Pruznick

For the third consecutive year, the tallest building on our annual construction countdown is 270 Park Avenue, JPMorgan Chase’s 1,389-foot supertall headquarters in Midtown East, Manhattan. Designed by Norman Foster of Foster + Partners with Adamson Associates as the architect of record and developed by Tishman Speyer, the 60-story skyscraper will yield 2.5 million square feet of office space with a capacity of 15,000 employees, and will become the tallest structure in New York completely powered by hydroelectric energy. The property occupies a full city block bound by East 48th Street to the north, East 47th Street to the south, Park Avenue to the east, and Madison Avenue to the west.

KPF’s 520 Fifth Avenue Reaches 1,002-Foot Pinnacle in Midtown, Manhattan

8:00 am on December 28, 2024 By Michael Young and Matt Pruznick

At number four on YIMBY’s annual countdown of the tallest construction projects in New York is 520 Fifth Avenue, a 1,002-foot mixed-use supertall skyscraper in Midtown, Manhattan. Designed by Kohn Pedersen Fox and developed by Rabina, the 88-story structure will span 415,000 square feet and yield 100 condominium units, a residents-only amenity floor on level 88, 25 boutique office floors, a private members-only club called Moss, and four cellar levels. The property is located at the corner of Fifth Avenue and West 43rd Street, one block north of Bryant Park.

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