YIMBY went on a tour of 30 East 31st Street, a 39-story residential tower nearing completion in NoMad. Designed by Morris Adjmi Architects and developed by Ekstein Development and Pinnacle Real Estate, the 479-foot-tall reinforced concrete structure yields 70,000 square feet and 42 units. Sales for the homes are being handled by Reuveni Real Estate and average 1,700 square feet. The most affordable unit is a two-bedroom, 2.5-bathroom home measuring 1,677 square feet for $2,375,000, and the most expensive is a three-bedroom, 3.5-bathroom penthouse residence spanning 3,354 square feet for $9,995,000. 30 East 31st Street is located between Madison Avenue and Park Avenue South.
Excavation has begun at 155-165 West 29th Street, the site of a 17-story self-storage facility in Chelsea, Manhattan. Designed by Mancini Duffy and developed by Highland Development Ventures LLC and The Davis Companies, which purchased the land in early 2021 for $62.5 million, the nearly 180,00-square-foot structure will stand 223 feet tall between Sixth and Seventh Avenues. Div West 29th Street LLC is the owner, Cauldwell Wingate is the contractor, and McNamara Salvia is the structural engineer for the project. Construction financing totals $84 million and was provided by Santander Bank, N.A. and United Overseas Bank.
Construction is complete and occupancy has begun at 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 yields 173,000 square feet and 531 guest rooms split between a 284-room Springhill Suites and a 247-room Townplace Suites. Omnibuild served as the general contractor for the project, which is located between Sixth and Seventh Avenues in the Flower District of Midtown, Manhattan.
Construction is approaching topping out on 1162 Broadway, a 13-story commercial building in NoMad. Designed by Morris Adjmi Architects and developed by 1162 Broadway LLC, the 185-foot-tall structure will yield Class A office space within the Madison Square North Historic District. Plans for the project were initially approved by the Landmarks Preservation Commission (LPC) in late spring of 2020. Permits filed in December 2013 originally called for a hotel under the ownership of Aini Assets rising 14 stories with 52 guest rooms, a ground-floor cafe, and a restaurant. On Star Management LLC is the general contractor for the address, which is located between West 27th and West 28th Streets.
Construction is wrapping up on 150 West 48th Street, a 38-story triple-brand Hilton hotel tower in Times Square. Designed by Gene Kaufman Architect and developed by Sam Chang of McSam Hotel Group, the 418-foot-tall, 320,000-square-foot structure will yield 1,046 hotel rooms across a Hampton Inn, a Home 2 Suites, and a Motto Hotel, Hilton’s newest brand of micro-hotels. McSam Hotel Group purchased the Midtown, Manhattan site from Rockefeller Group in early 2019 at a cost of $140 million and received a $250 million loan before construction broke ground in 2020. Omnibuild is in charge of erecting the tower, which is located by the corner of West 48th Street and Seventh Avenue.