Excavation work for the foundations of 159 Broadway in Williamsburg, Brooklyn is nearing completion. Excavators have extracted a large amount of dirt from the property, which sits directly next to the 144-year-old landmarked Williamsburgh Savings Bank. The 26-story mixed-use residential project, which is designed by Stonehill & Taylor Architects and developed by Cornell Realty Management LLC, will yield 133,340 square feet and stand 277 feet tall.
Preparation for the demolition of 1568 Broadway is continuing to gear up as scaffolding and construction netting now shroud almost the entire 46-story Times Square tower. The 29-year old structure served as a DoubleTree hotel and will be replaced by a new hotel, with tenants yet to be announced. The proposed 550,000-square-foot development is called TSX Broadway and will preserve and lift the 106-year-old Palace Theatre three stories above the ground floor to make way for new retail space. The $2.5 billion project is being developed by L&L Holding Company, Maefield Development, and Fortress Investment Group.
MVMK Architecture recently unveiled plans to construct a 13-story, mixed-use property in an area of Jersey City known as The Heights. Located at 15 Nardone Place, the proposed structure would rise from an assemblage of six adjacent lots that currently support two low-rise commercial buildings, five multi-story residential structures, a gas station, and associated parking areas. The new development would replace all existing properties.
Construction is moving along smoothly on the Pendry Hotel, aka 4 Manhattan West. The reinforced concrete superstructure of the 21-story Midtown West development has risen past the halfway mark, and installation of its distinctive wavy façade has begun on the northern and western elevations. The mixed-use project, which is designed by Skidmore Owings & Merrill and developed by Brookfield Properties, is slated to offer 164 guest rooms and a selection of condominiums on its upper floors.
Façade work is underway at 12 East 48th Street on what will become a 161-room Hilton Grand Vacation Hotel. Located in Midtown East between Madison Avenue and Fifth Avenue, the reinforced concrete superstructure has already topped out and the curtain wall on the northern elevation is beginning to rise above the ground floor. Designed by Handel Architects, the bright metallic frames that surround the building’s windows will form a subtly oscillating geometric pattern. Hidrock Realty is the developer of the project.