Black shrouds and scaffolding have gone up over 1568 Broadway’s lower floors as crews begin the process of removing its Times Square-facing billboards and marquees. Meanwhile, workers are beginning to gut the interiors of the 470-foot-tall tower ahead of its imminent demolition. Built in 1990, the current DoubleTree hotel will eventually make way for a new 46-story DoubleTree Suites by Hilton. The proposed 550,000-square-foot development, which will be called TSX Broadway, will preserve of the 106-year-old Palace Theatre by raising it three stories up from the ground floor, making way for retail space. The $2.5 billion project is being developed by L&L Holding Company, Maefield Development, and Fortress Investment Group. The site was previously purchased for $450 million.
Permits have been filed for a four-story school building at 51-02 Roosevelt Avenue in Sunnyside, Queens. Located between 51st Street and 43rd Avenue, the corner lot is one block west of the 52 Street-Lincoln Avenue subway station, serviced by the 7 train. Peng Li under the Hw Lic One LLC is listed as the owner behind the applications.
City agencies will soon review amended proposals to redevelop the former Peninsula Hospital site in Edgemere, Queens into an 11-building mixed-use complex. The development’s final scope of work arrives a year after residents and community members were invited to provide commentary and feedback on initial plans.
Permits have been filed for an eight-story mixed-use building at 105-31 65th Road in Forest Hills, Queens. Located between Yellowstone Boulevard and 108th Street, the interior lot is six blocks north of the 67th Avenue subway station, serviced by the R train. Neriya Borukhov under the Herkimer Ventures, LLC is listed as the owner behind the applications.
Developer RXR Realty and construction partner BCG recently celebrated their first temporary certificate of occupancy (TCO) at 475 Clermont, a 12-story development in Fort Greene, Brooklyn. The 363-unit, 400,000-square-foot structure contains a mix of residential homes and retail space. The TCO comes one month ahead of schedule and will allow occupancy to occur two months earlier than originally planned. Aufgang Architects is behind the design for the mixed-use rental building, which will contain 73 units for affordable housing and below-market rates.