Preparation for the demolition of 1568 Broadway is continuing to gear up as scaffolding and construction netting now shroud almost the entire 46-story Times Square tower. The 29-year old structure served as a DoubleTree hotel and will be replaced by a new hotel, with tenants yet to be announced. The proposed 550,000-square-foot development is called TSX Broadway and will preserve and lift the 106-year-old Palace Theatre three stories above the ground floor to make way for new retail space. The $2.5 billion project is being developed by L&L Holding Company, Maefield Development, and Fortress Investment Group.
Work has begun on the curtain wall of 111 Varick Street, a topped-out 27-story residential building in Hudson Square. Designed by S9 Architecture and developed by Madigan Development, project is located at the northern corner of Varick Street and Broome Street, near the entrance to the Holland Tunnel. CM & Associates is in charge of the construction process, which has shifted to the installation of the building’s signature slate-colored geometric paneling.
Façade work on the Turkevi Center at 821 First Avenue in the Midtown East neighborhood of Turtle Bay is taking shape. Located at the intersection of East 46th Street and First Avenue, the topped-out reinforced concrete skyscraper rises 563 feet and will eventually serve as the consulate of the Republic of Turkey. Perkins Eastman is the designer of the 35-story mixed-use development.
GDSNY recently finished pouring the concrete foundation slab of 1245 Broadway, where a 22-story SOM-designed commercial office building is set to rise. The future 318-foot-tall, 200,000-square-foot NoMad project is being built by Triton Construction and co-developed by Sweden-based Klovern. CBRE is in charge of leasing both the office area and the ground-floor retail space.
Workers are forming the reinforced concrete columns and floor slabs for 249 East 50th Street as construction has risen above street level in Midtown East. The 15-story, 151-foot-tall residential project is designed by Isaac Stern and is being developed by Tun Kyaw, who purchased the land for $17 million.