Construction has reached the third floor on the 20-story, 290-key four-star AC Hotel under development at 252 West 40th Street, in the Garment District section of Midtown. The construction progress can be seen thanks to photos posted to the YIMBY Forums. The latest building permits describe a structure that will eventually measure 120,489 square feet and rise 230 feet above street level. The hotel rooms will be located on the second through 18th floors and should average 415 square feet apiece. Amenities include a fitness center, a library, storage for 12 bikes, a restaurant on the ground floor, and a second restaurant on the 20th floor. OTO Development is the developer and Helpern Architects is behind the architecture. Completion can probably be expected in 2017.
Hotel developers have their eyes on a busy corridor in the Bronx, with new plans filed for a five-story building at 1996 Webster Avenue. That’s near the corner of Alden Place, in the borough’s Mount Hope section.
Construction is now underway on the ground floor of 35 Hudson Yards, the 72-story, 1,046,332-square-foot mixed-use building under development at the corner of Eleventh Avenue and West 33rd Street in the Hudson Yards District. The construction progress can be seen thanks to photos posted to the YIMBY Forums. The 1,009-foot-tall tower will contain retail space on the ground, second, fourth, and fifth floors, followed by office space on the eighth through 13th floors, a 217-key Equinox hotel on the 15th through 29th floors, and 137 condominium units on the 31st through 70th floors. Equinox will move their global headquarters into the office portion and will open a 60,000-square-foot fitness club in the building. Related Companies and Oxford Properties Group are the developers, and Skidmore, Owings & Merrill is the architect. Completion is expected in 2019. The developers recently negotiated the project’s $2 billion capitalization, which includes $1.2 billion of debt, Real Estate Weekly reported.
As the city gears up to rezone downtown Far Rockaway, one developer is trying to work with the zoning that already exists. Builder Surjeet Kaur filed plans to put up a two-story hotel at 10-74 Beach 22nd Street, right next to the Far Rockaway-Mott Avenue stop on the A, where the elevated subway line ends in Queens.
Downtown Brooklyn is abuzz with new construction. YIMBY has covered this extensively and it’s been plain to see for those traveling around the city. Now, one of two new hotels on the same block in the neighborhood is inching closer to completion.