Articles by Michael Young

Façade Installation Begins for Disney‘s New York Headquarters at Four Hudson Square in Hudson Square, Manhattan

8:00 am on January 25, 2022 By Michael Young

Façade installation has begun on Four Hudson Square, Disney’s rising 22-story New York headquarters at 137 Varick Street in Hudson Square. Designed by Skidmore, Owings & Merrill and developed by Silverstein Properties, the 338-foot-tall structure will yield 1.2 million square feet of commercial space. The media giant purchased the rectangular full-block parcel from Trinity Church Real Estate for a total of $650 million, and Skanska was in charge of demolishing four old structures that once occupied the site. Lendlease is constructing the new headquarters, which is bound by Varick Street to the east, Spring Street to the south, Hudson Street to the west, and Vandam Street to the north.

7-9 East 30th Street Nears Completion in NoMad, Manhattan

7:30 am on January 25, 2022 By Michael Young

Construction is wrapping up on 7-9 East 30th Street, a 227-foot-tall residential building in the Midtown, Manhattan neighborhood of NoMad. Designed by SWA Architecture and Efrain Perez, and developed by Castellan Real Estate Partners, the 23-story reinforced concrete edifice will yield 41,992 square feet with 54 residences and 2,142 square feet of ground-level retail space. The property is located between Madison and Fifth Avenues and is being built by Titanium Construction Services Inc.

YIMBY Scopes Views From 30 East 31st Street in NoMad, Manhattan

8:00 am on January 24, 2022 By Michael Young

YIMBY went on a tour of 30 East 31st Street, a 39-story residential tower nearing completion in NoMad. Designed by Morris Adjmi Architects and developed by Ekstein Development and Pinnacle Real Estate, the 479-foot-tall reinforced concrete structure yields 70,000 square feet and 42 units. Sales for the homes are being handled by Reuveni Real Estate and average 1,700 square feet. The most affordable unit is a two-bedroom, 2.5-bathroom home measuring 1,677 square feet for $2,375,000, and the most expensive is a three-bedroom, 3.5-bathroom penthouse residence spanning 3,354 square feet for $9,995,000. 30 East 31st Street is located between Madison Avenue and Park Avenue South.

Excavation Progresses at 155-165 West 29th Street in Chelsea, Manhattan

7:30 am on January 24, 2022 By Michael Young

Excavation has begun at 155-165 West 29th Street, the site of a 17-story self-storage facility in Chelsea, Manhattan. Designed by Mancini Duffy and developed by Highland Development Ventures LLC and The Davis Companies, which purchased the land in early 2021 for $62.5 million, the nearly 180,00-square-foot structure will stand 223 feet tall between Sixth and Seventh Avenues. Div West 29th Street LLC is the owner, Cauldwell Wingate is the contractor, and McNamara Salvia is the structural engineer for the project. Construction financing totals $84 million and was provided by Santander Bank, N.A. and United Overseas Bank.

46-Story Dual-Brand Marriott Opens at 140 West 28th Street in Chelsea, Manhattan

8:00 am on January 23, 2022 By Michael Young

Construction is complete and occupancy has begun at 140 West 28th Street, a 46-story dual-brand Marriott Hotel tower in Chelsea. Designed by Gene Kaufman Architect and developed by Sam Chang of the McSam Hotel Group, the 470-foot-tall tower yields 173,000 square feet and 531 guest rooms split between a 284-room Springhill Suites and a 247-room Townplace Suites. Omnibuild served as the general contractor for the project, which is located between Sixth and Seventh Avenues in the Flower District of Midtown, Manhattan.

1162 Broadway Nears Topping Out in NoMad, Manhattan

7:30 am on January 23, 2022 By Michael Young

Construction is approaching topping out on 1162 Broadway, a 13-story commercial building in NoMad. Designed by Morris Adjmi Architects and developed by 1162 Broadway LLC, the 185-foot-tall structure will yield Class A office space within the Madison Square North Historic District. Plans for the project were initially approved by the Landmarks Preservation Commission (LPC) in late spring of 2020. Permits filed in December 2013 originally called for a hotel under the ownership of Aini Assets rising 14 stories with 52 guest rooms, a ground-floor cafe, and a restaurant. On Star Management LLC is the general contractor for the address, which is located between West 27th and West 28th Streets.

Façade Installation Wrapping Up for 1,046-Room Hilton Hotel at 150 West 48th Street in Times Square, Manhattan

8:00 am on January 22, 2022 By Michael Young

Construction is wrapping up on 150 West 48th Street, a 38-story triple-brand Hilton hotel tower in Times Square. Designed by Gene Kaufman Architect and developed by Sam Chang of McSam Hotel Group, the 418-foot-tall, 320,000-square-foot structure will yield 1,046 hotel rooms across a Hampton Inn, a Home 2 Suites, and a Motto Hotel, Hilton’s newest brand of micro-hotels. McSam Hotel Group purchased the Midtown, Manhattan site from Rockefeller Group in early 2019 at a cost of $140 million and received a $250 million loan before construction broke ground in 2020. Omnibuild is in charge of erecting the tower, which is located by the corner of West 48th Street and Seventh Avenue.

Excavation for Extell’s 32 West 48th Street Underway in Midtown, Manhattan

8:00 am on January 21, 2022 By Michael Young

Ancora Engineering was the engineer of record for the previous demolition and current excavation.

Aman New York at the Crown Building Readies for Spring Debut at 730 Fifth Avenue in Midtown, Manhattan

8:00 am on January 20, 2022 By Michael Young

Work is getting close to completion on The Aman New York, a residential and hotel conversion and expansion of the 30-story Crown Building at 730 Fifth Avenue in Midtown. Designed by Jean-Michel Gathy and developed by OKO Group, the project involves the construction of a low-rise annex and the restoration and repurposing of the 101-year-old Warren and Wetmore-designed office tower into 83 guest rooms and 22 residences. Gilbane Building Company is serving as the general contractor for the development, which spans Fifth Avenue between West 56th and West 57th Streets, aka Billionaires’ Row.

685 Fifth Avenue. Rendering via Marin Architects

Mandarin Oriental Residences Fifth Avenue Progresses at 685 Fifth Avenue in Midtown, Manhattan

8:00 am on January 19, 2022 By Michael Young

Construction is continuing on the Mandarin Oriental Residences Fifth Avenue, a 29-story residential conversion at 685 Fifth Avenue in Midtown, Manhattan. Designed by Marin Architects and developed by SHVO in partnership with Deutsche Finance, the $135 million project will convert 100,000 square feet of former office space into a condominium property managed by Mandarin Oriental Hotel Group, above Fifth Avenue retail frontage marketed by Brookfield Properties. The Rinaldi Group of New York, LLC is the general contractor of the project, which is located between East 53rd and East 54th Streets.

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Articles by Michael Young

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