Hotel

143 Fulton Street

Foundation Work Underway for 30-Story, 298-Key Hotel Project at 143 Fulton Street, Financial District

Foundation work is now beginning on the 30-story, 298-key hotel under development at 143 Fulton Street, in the Financial District. Progress on construction can be seen thanks to a photo posted to the forums. The latest building permits indicate the 364-foot-tall tower will encompass 128,690 square feet. It will contain retail space on the ground and second floors, followed by a restaurant on the third, and the hotel component on the fifth through 29th floors. Guest amenities include a fitness center and storage for 11 bikes. It’s not currently known who the hotel operator will be. YIMBY revealed a rendering of the project, being designed by SLCE Architects, back in March. Tribeca Associates is the developer and completion is expected in 2018.


185 Bowery

19-Story, 300-Key CitizenM Hotel Tops Out At 185-191 Bowery, Lower East Side

Since it was only a single story above street level in January, it appears the structural core of the 19-story, 300-key CitizenM Hotel has topped out at 185-191 Bowery, located near the corner of Delancey Street on the Lower East Side. The rest of the building, currently three stories in height, is slowly rising around the core, as seen in an update by Bowery Boogie. The latest building permits indicate the hotel will stand 224 feet above street level and encompass 99,433 square feet. Its rooms should average 265 square feet apiece and guest amenities will include a fitness center, storage for eight bikes, a lounge & bar in the cellar, a café on the ground floor, and a lounge & bar with a roof terrace on the 19th floor. A 3,383-square-foot public plaza will run along Bowery. Rinaldi Group is the developer and Stephen B. Jacobs Group is behind the design. Completion is expected later this year.


350 West 40th Street

35-Story, 612-Key DoubleTree Hotel Rises to 17th Floor at 350 West 40th Street, Garment District

Work is now underway on the 17th floor of the 35-story, 612-key DoubleTree by Hilton hotel under development at 350 West 40th Street, in the Garment District of Midtown. The developer — Sam Chang’s Great Neck, N.Y.-based McSam Hotel Group — also secured a $215 million mortgage to refinance existing debt and fund construction, Commercial Observer reported. The latest building permits, which YIMBY first reported on in early 2014, indicate the 328-foot-tall project will measure 199,664 square feet. The hotel rooms should average a budget-sized 290 square feet apiece. Guest amenities include a fitness center, storage for 18 bikes, a restaurant on the ground floor, and a rooftop lounge & bar. Gene Kaufman’s SoHo-based architectural firm is behind the design. Completion is expected later this year.


90 Christopher Columbus Drive

Financing Secured for 50-Story, 539-Unit Residential Tower at 90 Christopher Columbus Drive, Jersey City

Ironstate Development and Panepinto Properties have landed $155.83 million in construction financing for their planned 50-story, 539-unit residential tower at 90 Christopher Columbus Drive (dubbed 90 Columbus), in downtown Jersey City. The tower will host rental apartments ranging from studio to three-bedroom configurations, averaging 789 square feet apiece, Real Estate Weekly reported. Amenities will include a swimming pool, children’s play areas, sports and entertainment rooms, residential lounges, and a library. The tower is the last phase of a multi-building complex, which includes the recently completed 50-story residential tower 70 Columbus and the 12-story, 152-key Marriott Residence Inn at 80 Columbus. Gwathmey, Siegel, Kaufman and Associates is behind the architecture. Foundation work is currently underway and completion is expected in 2018.



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