Hotel

Developer Acquires Air Rights For Planned Hotel At 450 11th Avenue, Hudson Yards District

6:30 am on July 10, 2015 By Reid Wilson

Marx Development Group has acquired 35,550 square feet of transferable development rights for $7 million as they prepare to build a 39-story and 438-key hotel at 450 11th Avenue, in Midtown West. According to Commercial Observer, the building will measure 213,300 square feet, although plans have yet to be filed with the DOB. Multiple single-story commercial buildings must first be demolished, and ground breaking is planned in 2016.

First Look: One Wall Street Set for CetraRuddy-Designed Residential and Hotel Conversion and Expansion

8:00 am on July 9, 2015 By Nikolai Fedak

Back in May of 2014, One Wall Street was acquired by Harry Macklowe from BNY Mellon for $585 million, with plans to convert the building from office to residential use. The Ralph Walker-designed tower is one of the most iconic skyscrapers in the Financial District, from its limestone exterior, to the vulcan-inspired Red Room, all the way to the former executive smoking room/observation lounge at the tip-top of the building. And now YIMBY has the first renderings of what the building will eventually look like, courtesy of a tipster, who sent along CetraRuddy-designed plans that transform the building’s base into a major retail destination, and its upper floors into condominiums and a hotel.

Loan Recapitalizes 20-Story, 190-Key Hotel Project At 444 Park Avenue South, NoMad

12:30 pm on July 8, 2015 By Reid Wilson

Moin Development and SBE have received a $109 million loan for their planned SLS Hotel at 444 Park Avenue South, in NoMad, Commercial Observer reports. The former 14-story office building is being expanded to 20 stories and converted to 190 hotel rooms; multiple restaurants are also planned. Fortress Investment Group provided the loan, which recapitalizes and restructures existing debt. Completion is slated for Spring 2016.

Nine-Story, 108-Key Hotel Begins Rising At 27-07 43rd Avenue, Long Island City

2:00 pm on July 2, 2015 By Reid Wilson

The planned nine-story, 108-unit Hyatt Hotel at 27-07 43rd Avenue, in Long Island City, is now one floor above street level, according to The Court Square Blog. The building will measure 49,590 square feet in total. The developer, Prakash Patel, originally planned a residential project for the site, but filed new permits in 2014 for a hotel. The building is now expected to be complete in early 2016, and Michael Kang is the architect of record.

143 fulton street financial district gmaps

Permits Filed: 143 Fulton Street, 26-Story Hotel in the Financial District

7:30 am on July 2, 2015 By Rebecca Baird-Remba

The narrow blocks next to the Fulton Transit Center are about to get a little more crowded, now that plans have been filed for a 26-story hotel at 143 Fulton Street, between Broadway and Nassau Street.

30-Story Building At 90 Sands Street To Be Converted Into 600-Key Public Hotel, Dumbo

6:30 am on July 2, 2015 By Reid Wilson

Kushner Companies and RFR Realty are teaming up with Ian Schrager to develop a Public Hotel at the six-building Dumbo Heights redevelopment, in Dumbo, according to the New York Post. At 90 Sands Street, the 30-story, 508-room Jehovah’s Witness residential hotel could to be transformed into a nearly 600-key hotel, with up to 100,000 square feet of amenity and meeting space.

Design Update on 470 Eleventh Avenue, aka Hudson Rise, Stalled Hudson Yards Mixed-Use Skyscraper

8:00 am on July 1, 2015 By Nikolai Fedak

With the first of Related’s Hudson Yards towers now inching towards its pinnacle, it should come as no surprise that other developers with nearby sites are also beginning to move ahead with plans of their own. Kuafu Properties and Siras Development are building a 700-foot tall 42-story mixed-use tower at 470 Eleventh Avenue, between 37th and 38th Streets, and YIMBY has a fresh set of close-up renderings that also show some slight modifications to the “lantern-inspired” design.

Permits Filed: Hotel at 145-07 95th Avenue, Jamaica

7:00 am on June 29, 2015 By Rebecca Baird-Remba

Development is slowly taking hold in the sleepy industrial area just south of Jamaica’s railyards. A new building application was filed Friday for a nine-story hotel at 145-07 95th Avenue, a block from the Jamaica LIRR and Air Train stations.

Construction Update: 30 Park Place Gets Glassy

7:30 am on June 23, 2015 By Rebecca Baird-Remba

When we last checked in at Silverstein’s 30 Park Place, the 67-story hotel and condo tower had just topped out, becoming the tallest residential building in Lower Manhattan. Now most of the structure has its windows, except for the top 15 stories or so. Cladding has reached even further, and only the five uppermost floors are still naked steel and concrete.

18-Story, 176-Key Hotel Under Construction At 27-45 Jackson Avenue, Long Island City

2:00 pm on June 16, 2015 By Reid Wilson

Concrete and steel beams are up to the fourth floor of Aloft Hotel, a 176-key hotel project at 27-45 Jackson Avenue, in Long Island City, The Court Square Blog reports. The development will span 68,160 square feet on the thru-block lot, featuring an 18-story tower on Jackson Avenue and a thinner eight-story counterpart on Hunter Street. Gene Kaufman is designing and Nissim Seliktar is listed as the property’s owner. Completion is expected in Spring 2016.

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