Speculations for the topping out of the 73-story 30 Hudson Yards have been swirling for the last couple months, and now the fateful day has finally arrived. Yesterday morning, YIMBY received confirmation that the tallest building of the Hudson Yards mega-development has finally reached its pinnacle, with an American flag rising above the building’s parapet. While some steel remains to be installed before the crown is fully complete, the significance of this is akin to the topping of the spire of a cathedral. In this case, it is a monument to the capitalistic ideals that fuel the contemporary American economy.
A proposed “boutique” office tower at 106 West 56th Street has begun excavation, where private equity firm Savanna Fund, along with Hong Kong based developer Atom Assets, plan to construct a 26-story tower. The site is located between 6th and 7th Avenues, just south of Billionaire’s Row.
The Foster + Parters design for 425 Park Avenue’s revamp is making major progress. The Midtown office building will be aesthetically divided into three sections, with proportions defined by the remains of the formerly extant structure, which comprise its lowest floors. Thanks to Tectonic, we can confirm that the new tower is now making the transition from its second section into the final, vertical rise. Construction has 22 floors left until topping-out, or just over half of the 41 total floors that will result.
Global media brand Discovery, Inc. will relocate its US headquarters to New York City’s 230 Park Avenue South. TF Cornerstone facilitated the deal and owns the building, with the headquarters taking over 360,000 square feet of Class A office space.
For the second time this week, we can report that a supertall in Manhattan is reaching its peak. One Manhattan West’s concrete superstructure has topped-out 995 feet above Midtown. Brookfield is behind Manhattan West, which will create six buildings and a large public plaza, producing a total seven million square feet of office, residential, and hotel space.