The Anbang Insurance Group Co. is planning to convert up to 1,100 hotel rooms of the 1,413-key Waldorf Astoria into an undisclosed number of condominiums. The 47-story, 625-foot-tall luxury hotel is at 301 Park Avenue, located on the block between East 49th and 50th streets in Midtown East. The hotel-to-residential conversion would retain between 300 to 500 hotel rooms, which will also see renovations of their own, according to the Wall Street Journal. The project is expected to cost $1 billion, and would close the Waldorf Astoria for up to three years. Hilton Worldwide Holdings Inc. will remain the hotel operator following the conversion. The Landmarks Preservation Commission will have to approve any exterior alterations. The hotel played host to the president of the United States for decades until China-based Angang acquired the property, an individual landmark, for $1.95 billion in 2015. During last year’s United Nations General Assembly, President Barack Obama stayed at the Lotte New York Palace Hotel.
Applications for a 15-story, 68-key hotel have been filed at 149-21 Archer Avenue (a.k.a. 92-18 150th Street) in Downtown Jamaica. The structure will encompass 39,084 square feet. Hotel rooms, averaging roughly 250 square feet apiece, will be located on the second through 15th stories, while a lobby will take up the ground floor. Guest amenities include a 1,500-square-foot restaurant in the cellar level and a rooftop bar with a terrace. TCX Development released a rendering of the project earlier this year. Since the time of the release, the number of hotel rooms has shrunk by four. Forest Hills-based ARC Architecture + Design Studio is behind the architecture. The 4,018-square-foot corner lot was previously occupied by a single-story commercial building, which was demolished earlier this year. The site is located two blocks from the Jamaica Center-Parsons/Archer Station on the E, J, and Z trains.
Constructionof the 33-story, 402-foot-tall mixed-use building under construction at 16 West 40th Street, located along Bryant Park in Midtown, has reached the parapet. However, it has yet to be structurally topped if you count the bulkhead. The building’s façade and window elements are also currently being installed, as seen in a photo posted to the YIMBY Forums by ILNY. The 824,216-square-foot building, dubbed The Bryant, will host a 230-key hotel within the ground through 14th floors, and 57 condominium units on the 16th through 33nd floors. Amenities, some of which will serve both the hotel and the residences, include a fitness center, private residential storage units, conference rooms, and a terrace club on the sixth floor. There will also be a restaurant occupying the ground and cellar levels. HFZ Capital Group is the developer, while London-based David Chipperfield Architects is the design architect. Stonehill & Taylor Architects is serving as the architect of record. YIMBY’s last update on the project was in November, when the structure was six stories above street level. Completion is expected in early 2017.
Foundation work is now underway on the site of a long-stalled-out hotel development at 36-18 Main Street, in Downtown Flushing. YIMBY can bring you news of the construction thanks to a photo posted to the YIMBY Forums by JC_Heights. Building permits for the project, which date back to 2004, detail plans for a two-tower, 12-story multi-use commercial complex that encompasses 290,195 square feet. Commercial-retail space will be located on the ground through forth floors in a common podium. One of the towers will contain a 148-key Hotel Indigo on the fifth through 11th floors. The other tower will feature medical offices on the fifth through 11th floors. The complex will also feature restaurants on the third and 12th floors. It will be served by a 345-car underground garage and have storage for 31 bikes. JWC Architect Engineer is the architect of record, while CMA Landmark Associates is developing. Completion is expected in 2018, per a Queens Courier update from 2014.
Over the past 200 years, Broadway was the center stage for many that came to make their fortunes in the big city. Foundations for the world’s second Virgin Hotel, part of billionaire Sir Richard Branson’s Virgin Group, are underway at 1205, 1225, and 1227 Broadway, between West 29th and West 30th streets. The site’s relevance in the city’s history is rooted deeper than the new skyscraper’s supports. Before it housed the three 1920s office and retail buildings that graced the site until 2015, the block was home to a prominent theater row, a theater-museum built by John Banvard, once the world’s richest and most famous artist, and a number of other ventures worthy of remembrance and commemoration, undertaken by the gritty and relentlessly driven people that give New York its signature flair and energy.