Articles by Michael Young

SUMMIT One Vanderbilt Opens To The Public In Midtown East, Manhattan

8:00 am on October 22, 2021 By Michael Young

SUMMIT One Vanderbilt, New York City’s fifth public high-rise observatory, officially opened to the public yesterday afternoon at 1:00 PM. A group of SL Green Realty executives, SUMMIT One Vanderbilt creators, One Vanderbilt partners, and New York City leaders gathered atop the 91st floor of the 65,000-square-foot indoor-outdoor venue earlier yesterday morning to give speeches and cut a ceremonial ribbon before the first visitors arrived.

Stella at 10 Lecount Place - Designed by Beyer Blinder Belle

28-Story ‘Stella’ At 10 LeCount Place Debuts Its 380 Residences In New Rochelle, New York

8:00 am on October 21, 2021 By Michael Young

L&M Development Partners and Wilder Balter Partners Inc. have completed work on their $190 million project in downtown New Rochelle, called ‘Stella’. The new addition to the city at 10 LeCount Place stands as a 28-story mixed-use residential building. The property is designed by Beyer Blinder Belle and offers 380 homes, including studios and one- and two-bedroom apartments. The Marketing Directors is the exclusive leasing and marketing firm for the development. The gross monthly rents for the 285 market rate residences start around $2,000 per month. Stella is built to Enterprise Green Communities efficiency standard, including Energy Star appliances, Zero-VOC interior paints, LED light fixtures, and water- conserving plumbing fixtures.

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Excavation Begins for Madison House’s Retail Podium at 126 Madison Avenue in NoMad, Manhattan

8:00 am on October 20, 2021 By Michael Young

Podium work is progressing for Madison House, an 805-foot-tall residential skyscraper at 126 Madison Avenue and the tallest structure in the Midtown district of NoMad. Alternately addressed as 15 East 30th Street, the 62-story tower is designed by Handel Architects and developed by Fosun Group and JD Carlisle and will yield 199 condominiums with sales and marketing led by Douglas Elliman Development Marketing, as well as 7,500 square feet of ground-floor retail space. Madison House has a footprint stretching between East 30th and 31st Streets and Madison Avenue. Madison House is currently more than 50 percent sold with over $300 million in sales, and occupancy is expected to begin this winter.

Virgin Hotel Nears Completion at 1225 Broadway in NoMad, Manhattan

8:00 am on October 19, 2021 By Michael Young

Construction is wrapping up on the Virgin Hotel, a 38-story tower at 1225 Broadway in NoMad. Designed by Stantec and developed by Lam Group, the 476-foot-tall, 300,000-square-foot structure will yield 460 hotel rooms managed by Sir Richard Branson of Virgin Group. Flintlock Construction Systems, LLC is the general contractor for the building, which is bound by Broadway, West 29th Street, and West 30th Street.

7-9 East 30th Street’s Geometric Façade Revealed from Scaffolding in NoMad, Manhattan

7:30 am on October 19, 2021 By Michael Young

Exterior work is approaching the finish line on 7-9 East 30th Street, a 23-story residential building in NoMad. Designed by SWA Architecture and developed by Castellan Real Estate Partners, the 227-foot-tall structure will yield 54 residences spread across 41,992 square feet as well as 2,142 square feet of ground-level retail space. Titanium Construction Services is the general contractor for the building, which is located between Madison and Fifth Avenues.

Ritz-Carlton Hotel and Residences Nears Completion at 1185 Broadway in Nomad, Manhattan

8:00 am on October 18, 2021 By Michael Young

Construction is nearing completion on the Ritz -Carlton Hotel and Residences, a 45-story skyscraper at 1185 Broadway in NoMad. Designed by Rafael Vinoly and developed by Marriott, Ritz Carlton Hotels, and Flag Luxury Properties, the 580-foot-tall tower will yield 250 guest rooms spread across 150,000 square feet, as well as a collection of 16 one- and two-bedroom penthouse residences on the upper levels. Lendlease is the general contractor for the project, which is located at the corner of Broadway and West 28th Street. The Erin Boisson Aries team at Christie’s International Real Estate is handling the sales of the penthouse residences.

Construction Wraps on 199 Chrystie Street on Manhattan’s Lower East Side

7:30 am on October 18, 2021 By Michael Young

Construction is wrapping up on 199 Chrystie Street, a 14-story residential building on Manhattan’s Lower East Side. Designed by Thomas Juul-Hansen and developed by KD Sagamore Capital, which purchased the plot for $20 million, the 39,188-square-foot building will yield 14 homes in a staggered layout overlooking Sara D. Roosevelt Park. The project site is located near the intersection of Chrystie and Stanton Streets and was previously home to two buildings, 199 and 201 Chrystie Street.

Dual-Brand Marriott Wraps Construction at 140 West 28th Street in Chelsea, Manhattan

8:00 am on October 17, 2021 By Michael Young

Work is wrapping up on 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 will yield 531 guest rooms split between Springhill Suites by Marriott and Townplace Suites by Marriott Properties. Omnibuild is the general contractor for the 173,000-square-foot reinforced concrete edifice, which is located between Sixth and Seventh Avenues in the Flower District.

Foundation Work Reaches Street Level at 75 West Broadway in Tribeca, Manhattan

7:30 am on October 17, 2021 By Michael Young

Foundation work is complete at 75 West Broadway, the site of a ten-story, 120-foot-tall residential building in Tribeca. Alternately addressed as 61 Warren Street, the 55,000-square-foot structure is designed by BKSK Architects and being developed by Cape Advisors and Forum Absolute Capital Partners. First Standard Construction Inc. is the general contractor for the project, which is located between Warren Street to the north and Murray Street to the south.

Hyatt Place Hotel Completes Construction at 140 West 24th Street in Chelsea, Manhattan

8:00 am on October 16, 2021 By Michael Young

Omnibuild has completed construction on The Hyatt Place Hotel, a 45-story tower at 140 West 24th Street in Chelsea. Designed by Gene Kaufman Architects and developed by Sam Chang, the 416-foot-tall structure will yield 510 guest rooms spread over 173,000 square feet, making it one of the largest hotels to open in 2021. The reinforced concrete superstructure rises between Sixth and Seventh Avenues and features a lightweight limestone rainscreen façade. Work broke ground in January 2019 and was developed in partnership with Magna Hospitality Group.

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Articles by Michael Young

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