Preparations have begun for demolition at 3041 Broadway, aka 100 Claremont Avenue, to clear the way for a 42-story mixed-use condominium designed by Robert A. M. Stern Architects. Located between West 120th and 122nd Streets in Morningside Heights among the historic Union Theological Seminary complex, the project is being developed by L&M Development Partners and Lendlease, with SLCE Architects as the architect of record.
David Chipperfield Architects has released renderings of the new Rolex headquarters at 665 Fifth Avenue in Midtown. Located at the corner of Fifth Avenue and West 53rd Street, the 25-story structure will replace the company’s current 12-story, 1970s-era building that currently occupies the site.
Cravath, Swaine & Moore, one of the country’s longest-running law firms, has finalized negotiations to establish its New York headquarters at Brookfield’s Two Manhattan West. As anchor tenant of the property, Cravath will occupy 13 floors of the building or approximately 481,000 square feet.
Macklowe Properties recently negotiated a refinancing package to the tune of $192 million for Harry Macklowe’s three Midtown parcels. Two of the lots, 5 East 51st Street and 12 East 52nd Street, could be the home of Tower Fifth, a 1,556-foot-tall office tower and New York City’s future tallest building by roof height. The refinancing from Fortress Investment Group also includes the 17 East 47th Street site and a new $50 million mortgage replacing a $124 million loan.
YIMBY recently attended the topping-out ceremony and ribbon cutting of One Willoughby Square, aka 420 Albee Square, in Downtown Brooklyn. The 34-story, 495-foot-tall reinforced concrete skyscraper is the tallest new office building in Brooklyn and will contain 500,000 square feet of newly built Class A office space. FXCollaborative is the designer and JEMB Realty is the developer of the project. Gilbane Building Company is in charge of the construction.