Hotel

550 Madison Avenue

First Look At Hotel-Condo Conversion Of 37-Story Sony Tower At 550 Madison Avenue, Midtown

Back in 2013, Chetrit Group acquired the 37-story, 855,000 square-foot office building at 550 Madison Avenue, between East 55th and 56th Streets in Midtown, for $1.1 billion. Now the developer has released a partial rendering and details of the planned conversion of the building known as Sony Tower and previously the AT&T Building, per Curbed. Floors 21 through 43 will be converted into 113 condominiums and the lower portion of the building will contain a 170-key hotel, featuring 60 suites and a slew of amenities. Robert A.M. Stern Architects is designing, and completion is expected in early 2018. The Philip Johnson-designed tower originally opened in 1984.




351 West 38th Street

26-Story, 500-Key Hotel Revealed At 351 West 38th Street, Garment District

Towards the end of last summer, YIMBY reported on applications for a 21-story, 400-key hotel at 338 West 39th Street, in the Garment District. That building will be developed by Sam Chang’s McSam Hotel Group on the 39th Street side of the block-thru site, and Quadrum Global is planning to develop a separate hotel on the site’s southern half, fronting 38th Street. According to The Real Deal, Quadrum Global plans a 26-story, 500-key hotel, which Marvel Architects is designing. Each hotel is expected to measure roughly 125,000 square feet, and the existing commercial building will be demolished next year move out next year.


550 Washington Street

Renderings Revealed For ULURP Proposal For 550 Washington Street Redevelopment, Hudson Square

Back in October, YIMBY brought you schematics of the proposed redevelopment options of 550 Washington Street, in Hudson Square, and now The Villager has renderings of the ULURP plans, which would include 1,596 residential units; 255,000 square feet of retail; and a 353-key hotel. The residential units would be spread across 1,334,100 square feet of space, and 500 of the units will go towards affordable and supportive housing. The project would also include elevated park space. COOKFOX Architects is behind the design. Westbrook Partners and Atlas Capital Group are developing.


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