In late 2014, YIMBY brought you conceptual renderings of the possible mixed-use tower that could rise at 1710 Broadway, between West 54th and 55th Street in Midtown, and now Extell Development is teaming up with C&K Properties to build a 60-story condo-hotel tower. Extell paid roughly $247 million for a 39 percent stake in the project, according to The Real Deal. Retail space will likely be included in the planned tower, which could be as large as 370,000 square feet, although additional air rights may be used which would increase the project’s size. A six-story, 83,000 square-foot office building must first be demolished.
Just as developer Toby Moskovits tries to secure approvals for her spec office building at 25 Kent Avenue, her nine-story Williamsburg Hotel is getting windows and corten steel facade panels at 96 Wythe Avenue, near the East River waterfront.
Over the summer, YIMBY brought you renderings of the planned nine-story, 175-key Hoxton Hotel at 97 Wythe Avenue, in northern Williamsburg, and now excavation is well underway, the Brooklyn Daily Eagle reports. Sydell Group is developing the 59,910 square-foot hotel, which will feature restaurants on the second floor and the roof. Perkins Eastman is designing the building.
Nehalhumar Gandhi, doing business as a New Jersey-based LLC, has filed applications for a four-story, 67-key hotel at 646 Gerard Avenue, in the Concourse, located three blocks north of the 149 Street – Grand Concourse stop on the 2, 4, and 5 trains. The project will measure 18,556 square feet in total, and hotel rooms will average 277 square feet apiece. Guests will have access to traditional hotel amenities on the ground and cellar level, and they will also be conveniently located a few blocks south of Yankee Stadium. Flushing-based Michael Kang is the architect of record. A single-story commercial building was filed for demolition this past October.
Clarion Partners has purchased a 70 percent stake in the vacant 14-story, 182,000 square-foot American Stock Exchange Building at 86 Trinity Place, in the Financial District. Clarion payed $105 million to GHC Development, and the developer plans to convert the former office building into commercial-retail and a 156-key hotel. Retail space will be located from the ground floor through the fifth floor, while the hotel will be located on the upper floors. A restaurant will be built on the sixth floor. The building’s floor area will technically be expanded, thanks to expansions on the fourth floor, the addition of a fifth floor, and enlargements towards the top of the building. David Nicholson’s Hell’s Kitchen-based SBLM Architects is the architect of record. [The Real Deal]