Construction on the ground-up Margaritaville Resort New York at 560 Seventh Avenue wraps up work in Times Square. Designed by Stonehill Taylor and developed by Sharif El-Gamal of Soho Properties along with MHP Real Estate Services, the topped out 32-story, 375-foot-tall tower looks like it will open in the coming months and yield 234 guest rooms with island-inspired interior designs. The Midtown, Manhattan project is located at the corner of Seventh Avenue and West 40th Street and is expected to cost around $300 million. The McBride Company is handling the interiors.
Excavation and foundation work is underway at 1165 Madison Avenue, the site of a 13-story residential building on Manhattan’s Upper East Side. Designed by SLCE and developed by Naftali Group with Titanium Construction Services Inc. as the general contractor, the 210-foot-tall building will yield 67,680 square feet with 12 condominiums spread across 58,919 square feet and 3,749 square feet of commercial space. The property is located at the intersection of East 86th Street and Madison Avenue, a short walk from the 4, 5, and 6 trains at the 86th Street station.
Leasing has begun for The James, a new residential building at 87 Madison Avenue in Park Ridge, Bergen County New Jersey. Developed by Claremont Development and designed by Minno & Wasko, the five-story property yields 240 units ranging from studios to two-bedroom apartments.
Façade work has reached the crown of 150 East 78th Street, a 16-story residential building on Manhattan’s Upper East Side. Developed by Midwood Investment & Development and EJS Group and designed by Robert A. M. Stern Architects with Ismael Leyva Architects as executive architect and residential layout designer, the 205-foot-tall property will yield 25 units ranging from three- to five-bedroom condominiums. Sales have launched and are being handled by Compass Development Marketing Group. 150 East 78th Street is found at the corner of East 78th Street and Lexington Avenue.
Work is continuing on the stone and glass exterior of The Leyton, a 30-story residential tower at 1059 Third Avenue on Manhattan’s Upper East Side. Designed by Manuel Glas Architects for Real Estate Inverlad and Third Palm Capital with interiors by Frampton Co. and Champalimaud Design, the 127,000-square-foot structure will yield 38 residences with sales and marketing led by Brown Harris Stevens Development Marketing. The inventory includes ten full-floor homes and one duplex. 1059 Third Avenue is located by the intersection of Third Avenue and East 63rd Street.