Commercial

Updated Renderings Revealed For Foster + Partners’ PENN15 Supertall Proposal in Midtown, Manhattan

8:00 am on June 25, 2024 By Michael Young and Matt Pruznick

A new series of renderings has been released for PENN15, a proposed commercial supertall skyscraper at 15 Penn Plaza in Midtown, Manhattan. Designed by Foster + Partners and developed by Vornado Realty Trust, the project’s scope was recently reduced from 56 to 50 stories and 1,200 feet to 1,000 feet, and will now yield 2.2 million square feet of office space, down from 2.7 million. The property is located along Seventh Avenue between West 32nd and 33rd Streets, directly across from Penn Station.

660 Lexington Avenue Continues Ascent in Midtown East, Manhattan

7:30 am on June 18, 2024 By Michael Young

Construction is rising above street level on 660 Lexington Avenue, a 19-story residential building in Midtown East, Manhattan. Designed by Zproekt Architecture and developed and built by Sergey Rybak of Rybak Development under the 660 Lexington Avenue Development LLC, the 233-foot-tall structure will span 52,558 square feet and yield 23 condominium units with an average scope of 2,123 square feet, as well as 2,551 square feet of commercial space, 1,174 square feet of community facility space, and a cellar level. The property is alternately addressed as 133 East 55th Street and located at the corner of Lexington Avenue and East 55th Street.

280 Eighth Avenue Begins Vertical Ascent in Chelsea, Manhattan

7:30 am on June 16, 2024 By Michael Young and Matt Pruznick

Construction has begun to rise on 280 Eighth Avenue, a 12-story residential building in Chelsea, Manhattan. Designed by SLCE Architects and developed by Red Apple Group under the RA 280 Development LLC, the 172-foot-tall structure will span 95,561 square feet and yield 104 rental units with an average scope of 650 square feet, of which 28 as designated as affordable housing, as well as 6,083 square feet of retail space, 511 square feet of community facility space, a cellar level, and a 24-foot-long rear yard. The property is situated at the corner of Eighth Avenue and West 24th Street.

139 Bowery Completes Construction on Manhattan’s Lower East Side

7:30 am on June 10, 2024 By Michael Young and Matt Pruznick

Construction is complete on 139 Bowery, a 14-story mixed-use building in the Bowery section of Manhattan’s Lower East Side. Designed by Raymond Chan Architects and developed by Hung Kwong Leung through the Global Joint Venture, Inc., the structure spans nearly 59,000 square feet and yields 18 condominium units, as well as 14 office units and ground-floor retail space. The project is located on a relatively narrow plot between Broome and Grand Streets, across from the historic Bowery Savings Bank building.

Additional Renderings Revealed For 155 3rd Street in Gowanus, Brooklyn

8:00 am on June 9, 2024 By Michael Young and Matt Pruznick

Additional renderings have been revealed for 155 3rd Street, an upcoming 22-story residential building in Gowanus, Brooklyn. Designed by Dattner Architects with Bernheimer Architecture as the associate design architect and developed by Monadnock Development, the 265,987-square-foot structure will yield 301 rental units with an average scope of 767 square feet, as well as 34,863 square feet of commercial space, 45 enclosed parking spaces, and a 26-foot-long rear yard. The project is located at the intersection of Bond and 3rd Streets, directly next to the Gowanus Canal.

50 Ninth Avenue Completes Construction in Chelsea, Manhattan

8:00 am on June 7, 2024 By Michael Young and Matt Pruznick

Construction wraps up on 50 Ninth Avenue, a nine-story commercial renovation and expansion at the intersection of Chelsea, the Meatpacking District, and the West Village. Designed by BKSK Architects for Tavros Capital with Fogarty Finger responsible for all interiors and the storefront, the project involved the restoration of a row of landmarked townhomes and the construction of an office structure set back from the street, and yields 57,000 square feet of office space and 30,000 square feet of flexible retail space. The property is alternately addressed as 351-355 West 14th Street and located at the corner of Ninth Avenue and West 14th Street.

35 Commercial Street Completes Construction in Greenpoint, Brooklyn

8:00 am on June 6, 2024 By Michael Young

Construction is finished on 35 Commercial Street, a 22-story, 100-percent affordable housing building in the Greenpoint Landing mega-complex in Greenpoint, Brooklyn. Designed by Handel Architects and developed by Park Tower Group along with Greenpoint Landing Associates, New York City’s Housing Preservation & Development (HPD), and the Housing Development Corporation (HDC), the structure yields 374 permanently affordable apartments and 7,600 square feet of lower-level retail space. The all-electric project is bound by Commercial and Clay Streets to the south and Bell Slip to the west.

The Ellery Nears Completion At 312 West 43rd Street in Hell’s Kitchen, Manhattan

8:00 am on June 5, 2024 By Michael Young and Matt Pruznick

Construction is almost finished on The Ellery, a 33-story mixed-use tower at 312 West 43rd Street on the southern border of Hell’s Kitchen in Midtown, Manhattan. Designed by Handel Architects and developed by National Real Estate Advisors and Taconic Partners, the 401-foot-tall structure will yield 330 rental units in studio to two-bedrooms layouts, as well as 28,000 square feet of amenities and up to 42,000 square feet of retail space spread across two levels. The property is located between Eighth and Ninth Avenues, directly north of the Port Authority Bus Terminal and its subway station, servicing the A, C, and E trains.

Permits Filed for 217 Canal Street in Chinatown, Manhattan

6:30 am on June 5, 2024 By Vanessa Londono

Permits have been filed for an eight-story commercial building at 217 Canal Street in Chinatown, Manhattan. Located between Baxter Street and Mulberry Street, the lot is near the Canal Street subway station, serviced by the 6, J, and Z trains. Mott & Prince Management, Inc. is listed as the owner behind the applications.

Foundations Underway For 219 Canal Street in Chinatown, Manhattan

7:30 am on June 4, 2024 By Michael Young

Foundation work is progressing at 219 Canal Street, the site of a four-story commercial building in Chinatown, Manhattan. Designed by Chang Hwa Tan of Tan Architect P.C. and developed by 219 Canal Street, LLC, the nearly 43-foot-tall low-rise structure will include a cellar level, almost 3,300 square fete of commercial space, and is located at the corner of Canal and Baxter Streets on a shallow plot.

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