New York City’s Landmarks Preservation Commission (LPC) will soon review proposals to renovate and expand a row of historic structures in Manhattan’s Gansevoort Market Historic District, otherwise known as the Meatpacking District. The properties are located at 44-54 Ninth Avenue and 351-355 West 14th Street at the corner of 14th Street and Ninth Avenue.
Marx Realty has announced an extensive renovation project at 545 Madison Avenue to modernize the Midtown office building. The scope of work includes an overhaul of the lobby, creation of pre-built tenant suites on the third and 14th floors, and the construction of 5,000 square feet of new amenity spaces. According to representatives from the company, total construction costs for the project hover around $24 million and represent the growing demand for offices with hospitality-oriented amenities.
The Korean Cultural Center of NYC has finally begun to rise at 122-126 East 32nd Street in Murray Hill. The Midtown site, which is located between Lexington Avenue and Park Avenue South, had sat dormant since excavation was completed following the official groundbreaking ceremony in June 2018. The project is designed by SAMOO Architecture PC and developed by Level Group. The Consulate General of the Republic of Korea, NY, purchased the property for $15.8 million in March 2008, including the use of nearly 4,500 square feet of air rights.
Developers have launched leasing at The Dime, a 177-unit rental building in South Williamsburg, Brooklyn. Perched above the historic Dime Savings Bank at 275 South 5th Street, the property includes retail space, office suites, and an array of amenities. The building is alternately addressed as 209 Havemeyer Street.
Construction is above street level at 76 Eighth Avenue, a ten-story office building from Gene Kaufman Architect in Chelsea. Developed by Sang Lee, Noviprop, and Plus Development, the 120-foot-tall project will yield 30,000 square feet of office space and ground-floor retail.