Retail


Demolition Continues for TSX Broadway at 1568 Broadway in Times Square, Manhattan

Demolition work is continuing at 1568 Broadway in Times Square, where the 46-story, 470-foot-tall building now stands less than 20 stories high. Designed by PBDW ArchitectsMancini Duffy, and Perkins Eastman and developed by L&L Holding CompanyMaefield Development, and Fortress Investment Group, the project involves the partial demolition of the former DoubleTree Suites by Hilton and construction of a new 46-story, 550,000-square-foot hotel tower dubbed TSX Broadway, on its foundations. This also includes the preservation of the 108-year-old Palace Theater, which will be raised 30 feet to make room for ground-floor retail space. The site is located at the corner of Seventh Avenue and West 47th Street, directly across from the TKTS stairs.

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Two-Building Complex ‘The Hive’ Reaches Completion at 300 West 43rd Street in Midtown, Manhattan

Work is now complete on The Hive, a two-building complex along Eighth Avenue between West 42nd Street and West 43rd Street in Midtown. Developed by KRW Realty Advisors and managed by Hive Management LLC, the property consists of a 13-story L-shaped building at 303 West 42nd Street, aka Hive 42, and a six-story structure at 300 West 43rd Street, aka Hive 43. Gertler & Wente Architects led the design of the renovated interiors, which include office space as well as ground-floor retail.

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Twin Supertalls Revealed as Part of Garden City, Possible Relocation of Madison Square Garden, in Midtown Manhattan

Community Board Five’s Land Use, Housing & Zoning Committee voted in a meeting on Wednesday to advance plans for a massive undertaking in Midtown involving the conversion of Madison Square Garden into a new concourse for Penn Station, and the creation of a new home for the sports facility between two supertall skyscrapers near Herald Square. Initially proposed in 2016 by Vishaan Chakrabarti, founder of Practice for Architecture and Urbanism (PAU), new renderings give visual context to the plan, to which the city council agreed with the consideration of The Madison Square Garden Company’s acquisition of a shorter extension of its current lease.

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