Office

Demolition Ramps Up for PENN15 Supertall at 15 Penn Plaza in Midtown, Manhattan

Demolition work is ramping up for PENN 15, a 56-story, 1,200-foot commercial supertall at 15 Penn Plaza in MidtownManhattan. Designed by Foster + Partners and developed by Vornado Realty Trust, the 2.7 million-square-foot tower will replace the aging Hotel Pennsylvania and stand as the tallest component in the 7.4 million-square-foot Penn District master plan. 401 Hotel Reit is the owner and Northstar Contracting Group is the demolition contractor for the property, which is bound by Seventh Avenue to the west, West 32nd Street to the south, and West 33rd Street to the north.

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231 East 51st Street Nears Completion in Turtle Bay, Manhattan

Exterior work is nearing completion on 231 East 51st Street, a five-story commercial office building in the Midtown East neighborhood of Turtle Bay. The 3,682-square-foot lot was once home to a prewar five-story structure that served as the Consulate of the Republic of Singapore. The property was sold to Texas-based travel firm Frosch in December 2017 for $22.05 million. Clune Construction is the general contractor for the project, which is located between Second and Third Avenues.

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Rendering of 660 Fifth Avenue

Macquarie Group Inks 222,000-Square-Foot Lease at 660 Fifth Avenue in Midtown Manhattan

Macquarie Group, a global financial services company, is the latest to join an expanding roster of new commercial tenants at 660 Fifth Avenue in Midtown Manhattan. As the tower’s anchoring tenant, the firm will occupy 221,764 square feet, spread across six floors, in addition to having a private lobby entrance on both the first and second floors, 30,000 square feet of private outdoor space, and top of building signage.

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New York Korea Center Nears Completion at 122-126 East 32nd Street in Murray Hill, Manhattan

Construction is nearing completion on the New York Korea Center, the new seven-story home of the Consulate General of the Republic of Korea in New York at 122-126 East 32nd Street in Murray Hill. Designed by Samoo Architects and Engineers (SAMOO) and developed by Level Group, the 120-foot-tall structure will yield 36,500 square feet and is aiming for LEED Certification. KSK Construction Group is the general contractor for the property, which is located between Park Avenue South and Lexington Avenue.

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Main entry plaza at 1345 Avenue of the Americas - Courtesy of Fisher Brothers Management Company

Fisher Brothers Debut Newly Renovated Fisher Park at 1345 Avenue of the Americas in Midtown, Manhattan

Fisher Brothers have completed a large-scale improvement project at Fisher Park, a publicly accessible urban space at 1345 Avenue of the Americas in Midtown, Manhattan. The improvements include free public wifi, over 100 feet of bench seating, raised planters, tables and chairs throughout the plaza, and new granite pavers, steps, and lighting.

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