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Tishman tops out project at 425 Fifth Ave. (Design and Development).

Tishman Construction Corporation has "topped out" 425 Fifth Ave., completing the reinforced concrete structural frame of the 67-story mixed-use skyscraper. TCC is serving as construction manager for the RFR/Davis & Partners project located at the northeast corner of 38th St. and Fifth Ave. in Manhattan.

Designed by renowned architect Michael Graves, the brick and limestone luxury tower will be one of Midtown's most unique buildings. The property will feature retail and commercial components, condominium residences, and 16 stories dedicated to the Envoy Club, an extended-stay residence developed by Trevor Davis. The development is expected to be ready for occupancy in early 2003.

The 290,000-SF tower is the third luxury, mixed-use project for which the Davis/RFR partnership has selected TCC as its construction manager.

TCC also served in that capacity for the recently completed 31-story Impala and the nearby Seville, which also rises 31 stories.

Both of these properties are located on Manhattan's Upper East Side.

"We're delighted to have reached this milestone for a very exciting new project," said Daniel R. Tishman, chairman and CEO of TCC, who is leading the project team at 425 Fifth Ave.

"We're also pleased to be continuing the very strong relationship we have built with the principals at RFR/Davis, who have earned a reputation for impeccable quality."

Rounding out the TCC team at 425 Fifth Ave. is senior vice president Jay Badame, project executive Rob DeSanctis, project manager Tom Koenig, and superintendent Bruce Silver.
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Title Annotation:Tishman Realty and Construction Corp.
Publication:Real Estate Weekly
Article Type:Brief Article
Geographic Code:1USA
Date:Apr 3, 2002
Previous Article:Meridian Capital Group. (Finance).
Next Article:Oceanfront Asbury drawing attention from developers. (Design and Development).

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