Hotel

79 Eldridge Street

10-Story, 38-Key Hotel Filed At 79 Eldridge Street, Lower East Side

Osher Niyazov, doing business as a Forest Hills-based LLC, has filed applications for a 10-story, 38-key hotel building at 79 Eldridge Street, on the Lower East Side. The new building will measure 16,969 square feet in total and individual hotel rooms should average 346 square feet apiece. Guest amenities will include a fitness center and a café in the cellar. Queens-based Julien Flander is the applicant of record, although Ellipses Design will be responsible for the architecture. The Lo-Down reports New Jersey-based Shew Foo Chin acquired the vacant 25-foot-wide lot for $5.3 million this past February. The specific hotel brand has not been revealed.



1080 Broadway

Construction Wraps on Eight-Story, 70-Key Hotel at 1080 Broadway, Bedford-Stuyvesant

New building applications were originally filed back in 2013 for an eight-story, 70-key hotel at 1080 Broadway, on the edge of Bedford-Stuyvesant, located two blocks from the Kosciuszko Street stop on the J train. DNAinfo now reports construction on the hotel is nearly complete. The structure measures a total 34,365 square feet and the ground floor will host retail space. The project will also host cultural events and presentations. When it opens in 2017, the hotel will be operated by Red Lion Hotels Corporation’s Hotel RL brand. ABCNY is the developer and Salamon Engineering Group is the applicant of record.

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10 South Street

New Developer Takes Over Four-Story Hotel Conversion Of Battery Maritime Building At 10 South Street, FiDi

Connecticut-based Stoneleigh Capital has reportedly signed a letter of intent with the New York City Economic Development Corporation to head the redevelopment of the four-story Battery Maritime Building, an individual landmark located at 10 South Street, in the Financial District. According to Politico New York, the new developer replaces the Dermot Company, who was selected in 2006 to transform the building into a hotel but never completed the project. The conversion is currently a little more than halfway complete. Once finished by the end of 2017, it will include a 60-plus-key boutique hotel, a restaurant and bar on the rooftop, and pubic space in the Grand Hall. Part of the building is still used to launch ferries to Governors Island. Rogers Partners originally designed the project, but when the project resumed after the last economic downturn it was subsequently re-designed for a new program by Ismael Leyva Architects, who also took the building through multiple agency approvals and finally into construction.


Industry City

Industry City’s Proposed Rezoning Will Include Retail, Two Hotels, But No Dormitory, Greenwood

A year ago, news broke that Jamestown, Belvedere Capital, and Angelo Gordon announced plans to infuse $1 billion to renovate and redevelopment parts of the the 16-building, six-million-square-foot industrial complex, dubbed Industry City, located west of the Gowanus Expressway, in Greenwood. Crain’s now reports the developers are scrapping plans to build a 150,000-square-foot student dormitory at the 32-acre site. The complex’s proposed rezoning still includes the construction of significant retail space and two hotel buildings. Renovation work currently under way includes new windows, elevators, and interiors, and the complex is presently home to manufacturing uses and office space of a variety of sorts. The developers expect to begin the city’s Urban Land Use Review Procedure (ULURP) before 2017.


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