The glass curtain of 106 West 56th Street appears to have recently reached the top floor of the 403-foot-tall office building. Designed by Perkins Eastman and developed by private equity firm Savanna along with Hong Kong-based developer Atom Assets, the 27-story structure stands topped out between Sixth Avenue and Seventh Avenue, one street to the south of Billionaires’ Row.
Demolition preparations appear to have begun for Tower Fifth, a proposed 1,556-foot-tall office skyscraper by Macklowe Properties. Located along East 51st Street between Madison Avenue and Fifth Avenue, and directly to the north of St. Patrick’s Cathedral, the 96-story supertall would be the tallest structure by roof height in the city, eclipsing Extell‘s Central Park Tower by six feet. YIMBY last reported that the project team had successfully negotiated a $192 million refinancing package from Fortress Investment Group. The $1 billion development is planned to span two plots of land, 5 East 51st Street and 12 East 52nd Street.
Demolition has begun for JP Morgan Chase‘s 52-story former headquarters at 270 Park Avenue, which was once known as the Union Carbide Building. The financial titan is razing the 707-foot-tall mid-century skyscraper to make way for a massive 1,425-foot-tall, 2.5-million-square-foot supertall that will be among the tallest structures in New York City.
In 2016, the Landmarks Preservation Commission (LPC) granted approvals for a commercial office conversion of two aging townhouses at 61-63 Crosby Street in SoHo, Manhattan. Architect David Grider, who oversaw the initial design and application process, will return to the LPC on Tuesday, April 21st with proposals to modernize and restore the buildings’ existing facades.
Perhaps the most exciting skyscraper project proposed for New York last year is 350 Park Avenue, a nearly 1,500-foot-tall skyscraper from Vornado Realty Trust and Rudin Management. After YIMBY broke the news on Vornado’s expected 2027 completion date for the tower back in February, we stopped by the site to check on the status of its current occupant. Located between East 51st and East 52nd Streets, a total of two edifices would need to be demolished to make way for the development.
