Office

Rendering of 660 Fifth Avenue

660 Fifth Avenue’s Re-cladding Wraps Up in Midtown, Manhattan

8:00 am on January 4, 2023 By Michael Young

Exterior renovation work is complete on 660 Fifth Avenue, a 39-story commercial tower in Midtown, Manhattan. Designed by Kohn Pedersen Fox and developed by Brookfield Properties, which purchased the building from Kushner Companies for $1.3 billion in 2018, the $400 million project involves the modernization of the structure’s 1.25 million square feet of office space and full replacement of its mid-century façade with a new glass curtain wall. The overhaul is also expected to achieve LEED Gold certification and a WELL Health Safety rating. Turner Construction Company is the general contractor and Cushman & Wakefield is the exclusive leasing agent for the building, which is located between West 52nd and 53rd Streets and was formerly addressed as 666 Fifth Avenue.

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111 Wall Street’s New Façade Approaches Halfway Mark in Financial District, Manhattan

8:00 am on January 3, 2023 By Michael Young

Renovation work is progressing on 111 Wall Street, a 25-story commercial building in Manhattan’s Financial District. Designed by STUDIOS Architecture and developed by Wafra Capital Partners and The Nightingale Group, the $100 million project involves the full replacement of the structure’s mid-century façade, gut renovation of its 1.5 million square feet of office space, and the construction of an expanded lobby and amenity spaces designed by URBN Playground. Hunter Roberts Construction Group is the general contractor and JLL is handling leasing for the property, which is bound by Wall Street and Mannahatta Park to the northeast, Front Street to the northwest, South Street and the FDR Drive to the southeast, and Gouverneur Lane to the southwest.

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PENN2’s Overhaul Continues at Two Penn Plaza in Midtown, Manhattan

8:00 am on January 1, 2023 By Michael Young

Work continues on the renovation of PENN2, a 31-story mid-century commercial building at Two Penn Plaza in Midtown, Manhattan. Designed by MdeAS Architects and developed by Vornado Realty Trust, the project involves a full-scale overhaul of the 412-foot-tall structure’s 1.61 million square feet of office space, replacement of its façade with a modern glass curtain wall, and the construction of a multi-story cantilevering volume along Seventh Avenue. GMSLLP is the façade consultant and Turner Construction Company and Skanska are the contractors for the property, which is located between West 31st and West 33rd Streets and a central part of the Penn District revitalization that will transform the area surrounding Penn Station and Madison Square Garden.

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270 Park Avenue Soars Past First Setback in Midtown East, Manhattan

8:00 am on December 31, 2022 By Michael Young

The tallest building on our year-end construction countdown is 270 Park Avenue, JPMorgan Chase‘s 1,388-foot supertall headquarters in Midtown East. Designed by Lord Norman Foster of Foster + Partners and developed by Tishman Speyer, the 70-story skyscraper will yield 2.5 million square feet of office space and accommodate 15,000 employees, and will become the tallest building in New York powered completely by hydroelectric energy. Adamsom 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, 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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Demolition Progresses for 1,200-Foot PENN15 at 15 Penn Plaza in Midtown, Manhattan

8:00 am on December 30, 2022 By Michael Young

The second-tallest building on our year-end construction countdown is PENN 15, a 1,200-foot commercial supertall at 15 Penn Plaza in Midtown, Manhattan. Designed by Foster + Partners and developed by Vornado Realty Trust, the 56-story skyscraper will yield 2.7 million square feet of office space and stand as the centerpiece of the 7.4-million-square-foot Penn District master plan. Northstar Contracting Group is the demolition contractor for the property, which is located along Seventh Avenue between West 32nd and 33rd Streets.

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