Retail



Margaritaville Resort at 560 Seventh Avenue Reaches Top Floors in Times Square

The Margaritaville Resort at 560 Seventh Avenue in Times Square has climbed to the pinnacle. Work on the curtain wall has also moved along quickly and is nearing the upper floors of the reinforced concrete superstructure. Designed by Stonehill & Taylor Architects and developed by Sharif El-Gamal of Soho Properties along with MHP Real Estate Services, the nearly $300 million project will help fulfill the booming demand for hotel space as tourism to New York City and areas like Times Square continues to rise. The 29-story tower is located at the corner of Seventh avenue and West 40th Street and will contain 234 rooms.

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Window Installation Progresses at 232 East 54th Street in Midtown East

Window installation is underway at 232 East 54th Street, a topped-out residential building in Midtown East. Designed by Ismael Leyva Architects, the extruded square-shaped, reinforced concrete structure rises 420 feet tall and features a simple grid of windows on all four sides. Elk Investors was listed as the exclusive developer of the building, though ownership may have fully transferred to Mossanen Group and an LLC known as East 54th St. Properties, as per YIMBY’s previous updates on the construction site.

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