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YIMBY Scopes Views from One Essex Crossing at 202 Broome Street on Manhattan’s Lower East Side

8:00 am on February 18, 2022 By Michael Young

YIMBY went on a tour of One Essex Crossing, a 14-story mixed-use building at 202 Broome Street and one component of the nine-building Essex Crossing development on Manhattan’s Lower East Side. Designed by CetraRuddy for Delancey Street Associates, a partnership of BFC Partners, L+M Development Partners, Taconic Partners, The Prusik Group, and Goldman Sachs Urban Investment Group, the property yields residential and office space on a full-block parcel bound by Delancey Street to the north, Broome Street to the south, Suffolk Street to the east, and Norfolk Street to the west. Corcoran Sunshine Marketing Group is handling marketing and sales for One Essex Crossing, which is approaching 50 percent sold.

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

8:00 am on February 16, 2022 By Michael Young

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.

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

7:30 am on February 10, 2022 By Sebastian Morris

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.

470 Park Avenue South - Courtesy of SJP Properties

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

7:30 am on February 3, 2022 By Sebastian Morris

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.

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

8:00 am on February 1, 2022 By Michael Young

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.

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

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

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.

Rendering of 167 Plymouth Street. Courtesy of Visualhouse/Marvel Architects

Pilings and Excavation Underway at 29 Jay Street in DUMBO, Brooklyn

7:30 am on January 31, 2022 By Michael Young

Excavation and piling work is underway at 29 Jay Street, the site of an 11-story commercial building in the DUMBO Historic District of Brooklyn. Designed by Marvel Architects and developed by Jay Street Office LLC, the 150-foot-tall building will yield office space at the corner of Jay and Plymouth Streets. Sciame Construction LLC is the general contractor for the project.

1245 Broadway’s Exterior Wraps Up in NoMad, Manhattan

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

Exterior work is wrapping up on 1245 Broadway, a 23-story commercial building in NoMad. Designed by Skidmore Owings & Merrill and developed by GDSNY and Sweden-based Klövern AB, the 318-foot-tall reinforced concrete structure will yield 200,000 square feet of office space with marketing and leasing handled by CBRE. StructureTech NY and Triton Construction are both in charge of building the Midtown, Manhattan property, which stands at the corner of West 31st Street and Broadway, a short walk from Koreatown, Herald Square, and Madison Square Park.

Rendering of outdoor terraces at CORE NY - Courtesy of Core Club

Renderings Revealed for Members-Only Social Club at 711 Fifth Avenue in Midtown East, Manhattan

7:00 am on January 30, 2022 By Sebastian Morris

Following a ground-up renovation of 711 Fifth Avenue, Michael Shvo of SHVO has revealed new plans to transform the upper levels of the building into an exclusive, members-only destination. Core Club, a global social club, has inked a 20-year lease with SHVO to occupy 60,000 square feet spread across four floors.

Rendering of the new Lever House terrace, amenity deck and office volume - Courtesy of Brookfield Properties

$100M Renovation Project Kicks Off at the Historic Lever House in Midtown, Manhattan

7:30 am on January 28, 2022 By Sebastian Morris

An extensive renovation of the historic ‘Lever House’ in Midtown East officially kicked off this week. Valued at $100 million, the project aims to transform and modernize the commercial property into a boutique office tower, while also restoring areas of the building that have not withstood the tests of time.

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