Exterior work is moving along at 12 East 48th Street, a 367-foot-tall Hilton Grand Vacation Hotel in Midtown East. The 125,000-square-foot tower is designed by Handel Architects and developed by Hidrock Realty and will contain 161 guest rooms. Desimone Consulting Engineers is the structural engineer, The Rinaldi Group is the general contractor, and IBA Consulting & Engineering, PLLC is the envelope consultant for the edifice.
Construction has passed the halfway mark on 2505 Broadway, a 19-story residential development on Manhattan’s Upper West Side. Designed by ODA Architecture LPC and developed by Tomer Yogev of Adam America Real Estate, the 210-foot-tall structure will yield 44 units. The land was purchased for $50 million by MSD Partners in September 2018 and required the demolition of two low-rise buildings before excavation could commence the following year.
Renovation work is progressing at The Hive, a two-building complex along Eighth Avenue between West 42nd Street and West 43rd Street in Midtown. Hive 42, the taller structure, occupies an L-shaped plot at 303 West 42nd Street and stands 13 stories tall. Directly to the north is Hive 43, a six-story industrial building at 300 West 43rd Street. Both have been in the process of being transformed into a new mixed-use development with offices and ground-floor retail space. The project is being designed by Gertler & Wente Architects, developed by KRW Realty Advisors, and managed by Hive Management LLC.
At the beginning of this year, Governor Andrew Cuomo announced a major redevelopment initiative for the area surrounding New York City’s Pennsylvania Station. Referred to as the “Empire State Complex,” the project team is now completing a final scope of work, which will take into consideration the many comments received from community activists, experts, and officials since a scoping meeting on July 20, 2020.
Demolition is moving along steadily at 1568 Broadway in Times Square, where the 46-story tower has been reduced to around half its former size. The 30-year-old, 470-foot-tall steel superstructure formerly housed the DoubleTree Suites by Hilton and will be replaced by a new hotel dubbed TSX Broadway. Designed by PBDW Architects, Mancini Duffy, and Perkins Eastman, and developed by L&L Holding Company, Maefield Development, and Fortress Investment Group, the new structure will rise 46 stories and span 550,000 square feet.