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55 Suffolk Street Reaches Pinnacle Over Manhattan’s Lower East Side

Construction has topped out on 55 Suffolk Street, a 30-story residential building on Manhattan’s Lower East Side. Designed by Dattner Architects and developed by Gotham Organization, the 310-foot-tall structure is the taller in the two-building Broome Street Development complex along with the 16-story The Norfolk Senior Housing Building at 64 Norfolk Street to the west. Both buildings will collectively span 387,223 square feet and yield a total of 488 rental units, of which 43 percent will be dedicated to permanently affordable housing. Monadnock Construction, Inc. is the general contractor for the two buildings, which are being built between Suffolk and Norfolk Streets.

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Final flag and beam rises above Manhattan at TSX Broadway (1568 Broadway) - L&L Holding Company

TSX Broadway Tops Out at 1568 Broadway in Times Square, Manhattan

Construction has officially topped out on TSX Broadway, a 46-story mixed-use hotel tower at 1568 Broadway in Times Square. Designed by Perkins Eastman and Mancini Duffy and developed by L&L Holding Company and Fortress Investment Group, the 470-foot-tall structure will yield 550,000 square feet with a 669-key hotel, retail space, restaurants, and an outdoor performance venue that overlooks Times Square. The building will also serve as the new home of the historic Palace Theatre, which is being raised 30 feet to make room for ground-floor retail space. The project is projected to cost $2.5 billion and debut early 2023.

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470 Park Avenue South - Courtesy of SJP Properties

New Amenities Revealed for 470 Park Avenue South in Midtown, Manhattan

SJP Properties and PGIM Real Estate have unveiled an expanded collection of amenities at 470 Park Avenue South, an 18-story office building in Midtown, Manhattan. The new amenity spaces include a rooftop terrace with views of the surrounding Midtown skyline, a ground-floor lounge that feeds into the building’s lobby, and a landscaped courtyard with ample seating, a bar, and a fire pit. The property is located between East 31st and 32nd Streets.

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New Renderings Reveal Updated Design For Norman Foster’s Two World Trade Center, In Financial District

New renderings have been spotted for Two World Trade Center, the final component of the 16-acre World Trade Center complex at 200 Greenwich Street in the Financial District. Designed by Norman Foster of Foster + Partners and developed by Silverstein Properties, the commercial supertall will rise from a foundation built in the early 2010s before work stalled on the initial iteration of the tower. The full-block parcel is bound by Greenwich Street to the west, Vesey Street to the north, Church Street to the east, and Fulton Street to the south. The site is currently being used as a secondary entrance to the PATH trains and subway lines and the Westfield World Trade Center mall within Santiago Calatrava Architects‘ Oculus, and an outdoor beer garden along Church Street surrounded by colorful commissioned murals on the corrugated metal and exposed ventilation ducts.

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PENN 2’s Re-cladding Progresses at Two Penn Plaza in Midtown, Manhattan

Renovation work continues to progress on PENN 2, a 31-story commercial building at Two Penn Plaza in Midtown. Designed by MdeAS Architects and developed by Vornado Realty Trust, the project involves the replacement of the 53-year-old structure’s façade with a modern glass curtain wall. The 412-foot-tall, 1.61 million-square-foot tower was originally designed by Charles Luckman Associates and stands along Seventh Avenue between West 31st and 33rd Streets. PENN 2 is immediately to the east of Madison Square Garden and is one component within the Penn District revitalization scheme that calls for the construction and redevelopment of several buildings surrounding Penn Station in the coming years. Turner Construction Company is the general contractor for the project.

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