While the flashing marquee lights and LED billboards of 1568 Broadway continue to brighten the crossroads of the world, the light bulbs and digital screens will one day turn off as the building prepares for demolition. Plans for the DoubleTree Suites by Hilton call for an entirely new 46-story, 550,000 square foot building dubbed TSX Broadway. The 106-year old Palace Theatre will be the only part of the original site to be preserved, structurally elevated, and integrated into the $2.5 billion dollar redevelopment. L&L Holding Company, Maefield Development, and Fortress Investment Group are the developers who purchased the site for $450 million dollars.
One Vanderbilt quickly climbed into the Midtown skyline in 2018, in what seemed like the fastest climb of any supertall to rise in Manhattan in recent years. After growing past street level last winter, the superstructure has now passed the height of the Metlife Building across the street from Grand Central Station, and is on pace to top-out by the middle of 2019. The 58-story building is being designed by Kohn Pedersen Fox and developed by SL Green. 1.75 million square feet of commercial office space and a reported three-story observation deck will soon result, upon completion, and One Vanderbilt is the third-tallest skyscraper currently being built in New York City.
Located to the south of the New York Stock Exchange on a narrow rectangular strip of land along Broad Street, the Financial District’s first residential supertall will soon rise at 45 Broad Street. The tower will eventually soar 1,115 feet above the crowded streets of Lower Manhattan, and should make a very dramatic impact on the skyline in the coming years. Clad with bronze-colored aluminum panels and an intricate mix of sleek vertical and curved lines, it is the 5th-tallest skyscraper currently under construction in New York City. CetraRuddy is the architect, while the developers are Madison Equities and Pizzarotti LLC.
Major progress has been made for Brooklyn’s first supertall over the past several weeks. Excavation has continued apace, and more materials have also been delivered to 9 DeKalb Avenue as the year wraps up. The tower is the 6th-tallest building under construction in YIMBY’s end-of-year countdown, and will dramatically change the skyline of Brooklyn in the coming years. Designed by SHoP Architects and developed by JDS Development and the Chetrit Group, the 1,066-foot-tall residential and mixed-use project will house approximately 500 housing units atop its rejuvenation of an historic retail podium.
Last week, the final piece of the third and highest apex of Jean Nouvel’s first residential skyscraper was anchored and installed over Midtown. 53 West 53rd Street now stands 1,050 feet tall, and is currently the 7th-tallest skyscraper under construction in New York City. With its distinct pointed crown and dark diagrid facade, it is certainly a very unique building, and has been in the making for over a decade. The tower is being developed by Hines, while SLCE Architects and Adamson Associates are the architects of record. The condominiums are being marketed by Corcoran.