Office

Work Nears Completion on 540 West 25th Street in West Chelsea

7:30 am on February 10, 2019 By Michael Young

When we last checked in on the site of 540 West 25th Street, the building had just topped out. The steel structure and metal decking was still mostly exposed. Now with the curtain wall installed, the new 60,000 square foot project is closer to completion. This will be the new headquarters for Pace Gallery, providing eight stories of gallery spaces, private viewing rooms, offices, and a library. The 135-foot tall building is designed by Bonetti/Kozerski Studio and developed by Weinberg Properties. Pace Gallery’s existing spaces are currently located at 508 & 510 West 25th Street next to the High Line.

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Grand Central Grand Hyatt

TF Cornerstone and MSD Partners to Redevelop Grand Hyatt in Midtown East

6:30 am on February 10, 2019 By Vanessa Londono

The Grand Hyatt New York next to Grand Central Terminal may soon be replaced. Developers TF Cornerstone and MSD Partners, L.P. recently announced their plans to redevelop the site in East Midtown, at 42nd Street and Lexington Avenue. The new mixed-use project would take the place of the existing building, adding 2 million square feet of retail and prime class A office space. In addition, the proposal also includes a new (but smaller) Grand Hyatt hotel.

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Kohn Pedersen Fox’s 17-Story Addition at 441 Ninth Avenue Progresses Above Midtown

8:00 am on February 8, 2019 By Michael Young

Standing one block away from the Manhattan West complex is 441 Ninth Avenue. Located between 34th Street and 35th Street, the site sits among a hive of construction projects that have since sprouted in this section of Midtown. The mixed-use project will soon consist of a new 17-story addition above an existing eight-story 57-year-old building. There will be several retail spaces on the ground floor, as well as office and commercial space above. Cove Property and Baupost Group are the developers of the 700,000 square foot project, named “Hudson Commons.” Kohn Pedersen Fox is in charge of the design for the new extension.

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Morris Adjmi’s Cantilevering 520 West 20th Street Making Headway in West Chelsea

7:30 am on February 7, 2019 By Michael Young

Designed by Morris Adjmi Architects,”The Warehouse,” is located at 520 West 20th Street, next to the High Line between West 19th and 20th Streets. The project topped-out late last year, and is being developed by Elijah Equities. Standing above the West Chelsea neighborhood, the existing 50-foot tall brick structure is being preserved and refurbished. With the base now covered behind black and white-colored construction netting and scaffolding, work on the new three-story suspended and cantilevering metal structure up above continues atop the old roofline.

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Brookfield’s $2 Billion Two Manhattan West Will Rise Without Anchor Tenant As One Manhattan West Nears Finish Line, in Midtown West

8:00 am on February 5, 2019 By Michael Young

Brookfield is officially set to construct Two Manhattan West without an anchor tenant. The near-supertall tower will be the second-tallest skyscraper in the Manhattan West complex, comprising two million square feet of space, rising 935 feet to its rooftop, and enclosing 62 floors of office space, all at a cost of approximately $2 billion. Meanwhile, work on One Manhattan West is wrapping up, with the facade closing in on completion along the upper floors, while the construction crane is now coming down on the northern elevation.

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