Tishman Speyer permitted for $64.2M redevelopment of U.S. Post Office building Morgan North

Tishman Speyer, on January 7, was given a permit for a $64.2 million project to redevelop floors in the U.S. Post Office building Morgan North into high-tech office space. The work will be on several floors of the 1.1-million-square-foot office building at 341 9th Avenue in Chelsea.

Advertising conglomerate Dentsu Aegis Network signed a lease last year for 320,000 square feet in the building, according to the New York Post.

The developer signed a 99-year ground lease with the U.S. Postal Service for 600,000-square-feet of space in the building in October of 2019.

The plans, pre-filed on March 30, 2020, call for work on the roof and floors one through 10 of the 179-foot tall, 10-story, building. Chris McCartin, managing director of design and construction at Tishman, was the owner representative on the filing.

The project is described in the filings as: filing herewith for alteration type 1 for relocation of floor area and vertical enlargement. The initial cost as reported in the DOB filing for the work described in this permit application is $64,161,200.

The plans indicate the ground floor will have retail space while floors two through 10 will be used for office space.

Montroy DeMarco Architecture is the architect named.

Direct link to Acris document. LINK

Direct link to DOB document. LINK