Office

Two Penn Plaza, courtesy of Vornado Realty Trust

Cushman & Wakefield Appointed Leasing Agent For PENN 2 Office Tower In Midtown, Manhattan

Vornado Realty Trust has announced a major step in the revitalization of its Penn District campus with the appointment of Cushman & Wakefield as the exclusive leasing agent for PENN 2, a 1.8-million-square-foot office tower undergoing renovations at Two Penn Plaza in Midtown, Manhattan. The partnership aims to position PENN 2 as a premier destination for leading companies in the heart of Manhattan’s Westside.

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200 Fifth Avenue, via BXP

DoorDash Expands New York Presence with Lease at 200 Fifth Avenue In Flatiron, Manhattan

In a major expansion of its New York operations, DoorDash has inked a lease for more than 115,000 square feet at 200 Fifth Avenue, a 13-story commercial building in Flatiron, Manhattan. The deal is an expansion of the 57,691 square feet that it currently occupies in the structure, which is located at the intersection of Fifth Avenue, Broadway, and 23rd Street along Madison Square Park.

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125 West 57th Street’s Glass Façade Begins Installation in Midtown, Manhattan

Construction is rising on 125 West 57th Street, a 26-story commercial building on Billionaires’ Row in MidtownManhattan. Designed by FXCollaborative and developed by Alchemy-ABR Investment Partners and Cain International, the 440-foot-tall structure will span 260,000 square feet and yield 185,000 square feet of Class A office space, 7,000 square feet of retail space, and a new home for the Calvary Baptist Church, which has operated on the site since 1883 and sold the property to the developers for $150 million in 2017. Leading Builders Group is the general contractor for the project, which is located on an interior lot between Sixth and Seventh Avenues between Christian de Portzamparc‘s One57 and SHoP Architects111 West 57th Street.

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JPMorgan Chase’s Supertall Nears its Pinnacle at 270 Park Avenue in Midtown East, Manhattan

The tallest building on our year-end construction countdown is 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, the 60-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. AECOM Tishman is the general contractor for the full-block property, which is 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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