Office

One Madison Avenue’s Façade Nears Completion in Flatiron District, Manhattan

Exterior work is nearing completion on One Madison Avenue, a 27-story commercial building in the Flatiron District. Designed by Kohn Pedersen Fox and developed by SL Green, the National Pension Service of Korea, and Hines, the project involves the gut renovation of an existing eight-story structure and the construction of a 19-story addition above its parapet, and will yield 1.4 million square feet of office space and ground-floor retail. NYC Constructors is building the expansion and AECOM Tishman is the construction manager for the property, which occupies a full block at the southeast corner of Madison Square Park between Madison Avenue, Park Avenue South, East 23rd Street, and East 24th Street.

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Self Storage Facility Nears Completion at 41-47 East 21st Street in Flatiron District, Manhattan

Construction is nearing completion on a Cube Smart self storage facility at 41-47 East 21st Street in the Flatiron District. Developed by Mequity Companies, which purchased the property from The Zucker Organization for $32.3 million in March 2019, the project involves the conversion of a four-story, 50,000-square-foot parking garage into a storage facility. Equity E. 21st Owner LLC is the owner and Park East Construction is the general contractor for the property, which is located Fifth Avenue and Park Avenue.

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125 West 57th Street Rises Above Street Level in Midtown, Manhattan

Construction has risen above street level on 125 West 57th Street, a 26-story commercial building along Billionaires’ Row in Midtown, Manhattan. Designed by FXCollaborative and developed by Alchemy Properties ABR Partners and Cain International, the 440-foot-tall structure will yield 185,000 square feet of Class A office space and a new ground-floor home for the Calvary Baptist Church, which has operated on the site since 1883. Leading Builders Group is the general contractor for the property, which is located between Sixth and Seventh Avenues between Christian de Portzamparc‘s One57 and SHoP Architects111 West 57th Street.

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200 Wood Avenue South

SJP Properties Completes 25,000-Square-Foot Build-Out at 200 Wood Avenue South in Iselin, New Jersey

Helsinn, a global biopharmaceutical company, recently moved into a new 25,000-square-foot office space completed by SJP Project Solutions at 200 Wood Avenue South in Iselin, New Jersey. Located on the building’s first floor, the specialized workspace now includes multiple conference and meeting rooms, dedicated training spaces, open collaboration areas, a wellness room, and a private outdoor terrace.

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JPMorgan Chase’s Supertall Headquarters Reaches Second Setback at 270 Park Avenue in Midtown East, Manhattan 

Construction has reached the second setback on JPMorgan Chase‘s 1,388-foot supertall headquarters at 270 Park Avenue in Midtown East. Designed by Lord Norman Foster of Foster + Partners with Adamsom Associates as the architect of record and developed by Tishman Speyer, 70-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. Adamson Associates is the architect of record, Banker Steel provided the steelwork, NYC Constructors is the steel subcontractor, Mueser Rutledge Consulting Engineers (MRCE) designed the structural foundation elements, Severud Associates is the engineer of record, R&R Scaffolding Ltd. will provide the BMU, New Hudson Facades is supplying the curtain wall, and AEOCOM Tishman is the general contractor for the property, which 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.

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