YIMBY checked in recently at 520 Fifth Avenue, the site of a planned 920-foot-tall skyscraper that takes the number 13 spot on our countdown of the tallest projects in progress in New York City. Located in Midtown at the corner of Fifth Avenue and West 43rd Street, the plot sits cleared for construction, which YIMBY expects will commence sometime in 2020. YIMBY last reported that Handel Architects is designing and Arthur Hooper of Ceruzzi Properties is developing the project in conjunction with SMI USA. Ceruzzi purchased the property in 2015 for $275 million from Thor Equities.
McSam Hotel Group will break ground in January on a new Marriott Hotel property in Times Square. Located at 223 West 46th Street between Broadway and Eighth Avenue, the 200-key Marriott SpringHill is designed by Gene Kaufman Architects and replaces a former parking lot.
Demolition has finished at 110-112 Liberty Street in the Financial District, the site of a 30-story hotel designed by Stonehill & Taylor Architects. The property, which is being developed by Eddie Hidary of 112 Liberty Associates LLC, sits across from the base of Four World Trade Center, aka 150 Greenwich Street, and to the west of Zuccotti Park and Church Street.
The Flushing Willets Point Corona Local Development Corporation recently submitted proposals to New York City’s Department of City Planning to facilitate the redevelopment of a 29-acre stretch of waterfront industrial property and surrounding lands in Flushing, Queens. The proposals were drafted in collaboration with Langan Engineering and Environmental Services and contain new renderings from Hill West Architects offering a first look at what’s to come.
Foundation work has partially reached street level at 50 Trinity Place in the Financial District, the site of a new Aloft Hotel. The first half of the ground-floor slab has been formed, while the eastern half has yet to catch up. Bundles of steel rebar for the columns can also be spotted standing vertically on the property. Located diagonally across from Trinity Church at the corner of Trinity Place and Rector Street, the project is designed by Peter Poon Architects and is being developed by FIT Investment Corporation, which purchased the Lower Manhattan site for $15 million in 2012.