Exterior work is nearing completion on 120 Water Street, a slender 28-story tower that will house a Hotel Indigo in the Financial District. Designed by Gene Kaufman Architects and developed by Atlas Hospitality, the 52,000-square-foot structure will yield 28 rooms managed by Fortuna Realty Group. The site is located along Water Street between Pine and Wall Streets, and is tightly wedged between two abutting buildings.
The Landmarks Preservation Commission approved Project Commodore, a proposed 1,646-foot supertall skyscraper in Midtown East, at a public hearing and vote on Tuesday, February 23, 2021. New renderings further illustrate the 83-story project, which would replace the Grand Hyatt at 175 Park Avenue and rise between the 108-year-old Beaux Arts Grand Central Terminal and the 91-year-old Art Deco Chrysler Building at the corner of East 42nd Street and Lexington Avenue. Skidmore Owings & Merrill is designing and RXR Realty and TF Cornerstone are developing the project, which is set to yield 500 Hyatt hotel rooms on the upper floors spanning 453,000 square feet; 10,000 square feet of retail space on the ground, cellar, and second levels; new elevated, publicly accessible plaza space overlooking the surrounding Midtown neighborhood; and 2.1 million square feet of Class A office space.
Jersey City will soon be home to the next Albion Hotel, a hotel chain with multiple properties in the North Jersey area. Located at 201 Newark Avenue, this latest venture will introduce around 100 guest rooms and Felina, a restaurant concept led by award-winning chef Anthony Bucco.
Construction is nearing the halfway mark on 50 Trinity Place, a 28-story Hotel Indigo in the Financial District. The 77,310-square-foot tower will yield 173 hotel rooms and is designed by Peter Poon Architects and developed by FIT Investment Corporation, which purchased the Lower Manhattan property in 2012 for $15 million. The site is located at the corner of Trinity Place and Rector Street, diagonally across from Trinity Church.
Scaffolding has been removed from 291 Livingston Street revealing the large mural on the western elevation of the 22-story hotel in Downtown Brooklyn. The 189-foot-tall project is designed by Gene Kaufman Architect and is being developed by Aview Equities and Hello Living, which purchased the plot for $11.1 million. Located between Nevins Street to the east and Hanover Place to the west, the property will yield 100 hotel rooms and a ground-floor beer garden.