Office

JPMorgan Celebrates the Topping Out of its Supertall Headquarters at 270 Park Avenue in Midtown East, Manhattan

Construction has structurally topped out on 270 Park Avenue, JPMorgan Chase‘s 1,388-foot supertall headquarters in Midtown East. Designed by Lord Norman Foster of Foster + Partners with Adamsom Associates as the architect of record and developed by Tishman Speyer, 60-story skyscraper will yield 2.5 million square feet of office space with a capacity of 15,000 employees, and is the tallest project currently underway in New York. AECOM Tishman is the general contractor for the property, which spans 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.

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David Adjaye’s Affirmation Tower Remains on Hold at 418 Eleventh Avenue in Hudson Yards, Manhattan

The third entry in our Turkey Week rundown of stalled and on-hold construction projects in New York City is Affirmation Tower, a 1,663-foot mixed-use supertall at 418 Eleventh Avenue, just north of Related Companies‘ first phase of Hudson Yards. Designed by Sir David Adjaye of Adjaye Associates and developed in collaboration between Cheryl McKissack Daniel of McKissack & McKissack, The Peebles Corporation, Exact Capital Group, and the Witkoff Group, the 2-million-square-foot structure would easily wrest the title of tallest building in New York by roof height from Extell’s Central Park Tower, surpassing its parapet by more than 100 feet. The development’s 1.2-acre plot, dubbed “Site K,” was also the site selected for the long-stale Hudson Spire proposal, and is bound by West 36th Street to the north, West 35th Street to the south, Eleventh Avenue to the east, and Hudson Boulevard to the west.

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Three Hudson Boulevard Remains Stalled in Hudson Yards, Manhattan

Continuing our Turkey Week rundown of on-hold projects in New York City is Three Hudson Boulevard, a planned 56-story office skyscraper in the Hudson Yards district. Designed by FXCollaborative and developed by Boston Properties and The Moinian Group, the $3 billion project was planned to rise 940 feet tall and yield 1.86 million square feet of office space, but has been stalled since early 2020. The property occupies a full city block bound by West 35th Street to the north, West 34th Street to the south, Bella Abzug Park to the east, and Eleventh Avenue to the west.

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Lever House Completes $100 Million Renovation At 390 Park Avenue In Midtown East, Manhattan

Renovation work has concluded on Lever House, a landmarked 21-story International Style office tower at 390 Park Avenue in Midtown East. Designed by Skidmore, Owings & Merrill and developed by WatermanClarkBrookfield Properties, Higgins Quasebarth & Partners, Integrated Conservation Resources, and Integrated Conservation Contracting, the project involved an overhaul of the ground-floor pedestrian plaza, main lobby, and ventilation and sustainability systems of the 307-foot-tall, 71-year-old structure, as well as the construction of new amenity spaces. Marmol Radziner was the interior designer and Pavarini McGovern was the general contractor for the property, which is located along Park Avenue between East 53rd and 54th Streets.

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Commercial Conversion Underway at 240 Broadway in South Williamsburg, Brooklyn

Construction is progressing on 240 Broadway, a five-story commercial conversion project in South Williamsburg, Brooklyn. Designed by Mancini Duffy and developed by ZB Capital Group, which acquired the property for $20.1 million, the project involves the renovation of the 36,254-square-foot 19th century cast iron building’s façade and conversion of its 24 loft units into three stories of coworking space and a two-story restaurant and rooftop bar operated by Freehold Brooklyn. Spring Rock, LLC is the general contractor for the property, which is located on an interior lot between Roebling and Havemeyer Streets, directly across from the elevated Marcy Avenue subway station servicing the J, M, and Z trains.

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