Developer Timber Equities recently secured $17.5 million in construction financing to complete 2395 Palisade Avenue, a new residential property in the Spuyten Duyvil neighborhood of The Bronx.
Permits have been filed for a ten-story residential building at 1499 Bedford Avenue in Crown Heights, Brooklyn. Located at the intersection of St. Johns Place and Bedford Avenue, the corner lot is two city blocks from the Franklin Avenue subway station, serviced by the 2, 3, 4, and 5 trains. Cheskie Weiss of CW Realty is listed as the owner behind the applications.
The Hard Rock Hotel’s glass curtain wall is closing in on the final floors of the 35-story project at 159 West 48th Street in Times Square. Developed by Extell and Hard Rock International, the structure made incredible progress over the past few months, reaching its 442-foot-tall parapet in the blink of an eye. The 291,000-square-foot development will contain 446 guest rooms, two entertainment venues, flexible meeting spaces, round-the-clock dining options, a fitness center, and a rooftop lounge. SLCE Architects is the architect of record.
Delancey Street Associates has launched leasing at The Artisan, a 26-story residential property at 180 Broome Street in the Essex Crossing development on Manhattan’s Lower East Side.
Foundation work is taking shape at 150 West 48th Street, the site of a 974-room hotel in Times Square. The 300,216-square-foot structure is designed by Gene Kaufman Architect and developed by Sam Chang of McSam Hotel Group, which purchased the property from Rockefeller Group in early 2019 for $140 million, and received a $250 million construction loan before breaking ground. Located between Sixth Avenue and Seventh Avenue, the project will be one of the largest hotels in the city when complete.
