Hotel

Aloft Hotel’s Façade Nears Completion at 50 Trinity Place in Financial District, Manhattan

Exterior work is nearing completion on 50 Trinity Place, a 28-story Aloft Hotel in the Financial District. Designed by Peter Poon Architects and developed by FIT Investment Corporation, the 77,310-square-foot tower will yield 173 guest rooms. Cauldwell Wingate is serving as the general contractor for the project, which is located at the corner of Trinity Place and Rector Street, diagonally across from Trinity Church.

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456 Greenwich Street Completes Construction in Tribeca, Manhattan

Construction is complete on 456 Greenwich Street, an eight-story hotel building in Tribeca. Designed by Stephen B. Jacobs Group and developed by Caspi Development, the 94,000-square-foot structure yields 96 Art Deco-inspired guest rooms with interiors by Martin Brudnizki Design Studio. Groupe Lucien Barrière of the Hôtel Barrière Le Fouquet’s Paris is the operator of the property, which is bound by Greenwich Street to the east, Desbrosses Street to the south, and Washington Street to the west.

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RIU Hotel Opens to Guests at 145 West 47th Street in Times Square, Manhattan

Construction is complete and occupancy has begun at the RIU Plaza Hotel, 48-story skyscraper at 145 West 47th Street in Times Square. Designed by Berg + Moss Architects and developed by Tribeach Holdings, the 519-foot-tall structure yields 353,000 square feet and 630 rooms. Transom Builders Group served the general contractor for the property, which is located between Sixth and Seventh Avenues, a short walk from the heart of Times Square at the intersection of Broadway and Seventh Avenue.

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Excavation, Foundations Underway at 1 Park Row in Financial District, Manhattan

Demolition is complete and below-grade work has commenced at 1 Park Row, site of a 23-story mixed-use building in the Financial District. Designed by Fogarty Finger Architects and developed by Circle F Capital, which received a $90 million construction loan from Los Angeles-based Parkview Financial last summer, the 103,000-square-foot structure will yield 58 condominiums in one-, two-, and three-bedroom configurations, along with 19,000 square feet of commercial office and retail space on the lower levels. MJM Associates Construction is the general contractor and 1 Park Row Development LLC is the owner of the property, which sits at the intersection of Park Row and Ann Street. Ancora Engineering is in charge of the support of excavation (S.O.E.) and foundations.

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One High Line Resumes Exterior Work at 76 Eleventh Avenue in Chelsea, Manhattan

Exterior work has resumed on One High Line, a pair of 26- and 36-story mixed-use towers at 76 Eleventh Avenue in the Midtown, Manhattan neighborhood of Chelsea. Designed by Bjarke Ingels Group and developed by Witkoff Group, the 900,000-square-foot complex will yield 236 condominium units, 137 hotel rooms, 85,000 square feet of retail space, and a public plaza. Steve Witkoff purchased the property, formerly known as The XI, in a foreclosure sale for $900 million and partnered with Access Industries and Monroe Capital to complete the stalled project. Gilles & Boissier and Gabellini Sheppard Associates are the interior designers and Corcoran Sunshine Marketing Group is handling sales and marketing for the High Line-adjacent property, which is bound by Tenth Avenue to the east, West Street to the west, West 17th Street to the south, and West 18th Street to the north.

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