Margaritaville is suddenly going to be substantially more accessible to New Yorkers. An eponymous holding company has announced they will open a branded “Margaritaville” hotel at 560 Seventh Avenue, on 7th Avenue and 40th Street, in Times Square, Manhattan. The plan is to build a 29-story hotel with retail space, a three-story restaurant, pool, and rooftop LandShark Bar. Sharif El-Gamal’s Soho Properties is responsible for the development, partnering with the non-union Chip, Andrew Weiss, and MHP Real Estate Services.
Soft Stone Development
Brooklyn-based Soft Stone Development has filed applications for a three-story, two-family residential building at 1441 58th Street, in the heart of Borough Park, located four blocks from the 62nd Street stop on the D train. The project will encompass 7,212 square feet, and its residential units should average a very spacious 3,574 square feet apiece, which means condominiums are surely in the works. The ground and cellar levels will contain one apartment, while the second and third floors will host the other unit. Genaro Urueta’s Maspeth-based Studio Gallos is the architect of record. The 40-foot-wide lot is currently occupied by a two-story house. Demolition permits were filed back in December.
One of the last big development sites in central Crown Heights is a Rite Aid at 1040 St Johns Place, between Brooklyn and Kingston Avenues. Now new building applications have been filed to erect a seven-story building on the big property, which is currently a Rite Aid.