External work on 120 Water Street is moving along. The topped-out, 28-story project is designed by Gene Kaufman Architects and is being developed by Atlas Hospitality as a Hotel Indigo in the Financial District. The planned 52,000-square-foot superstructure will contain 128 rooms managed by Fortuna Realty Group.
Construction is several stories above street level and rising at 450 Eleventh Avenue, a 487-foot-tall, 531-room hotel from Starwood Hotels & Resorts Worldwide in Hudson Yards. Designed by DSM Design Group and developed by Marx Development Group, the 43-story tower is one of several new high-rise projects ascending to the north of Related Companies‘ first phase of Hudson Yards, across from the Jacob K. Javits Center. The boom in construction is gradually transforming this previously underdeveloped area of Midtown West into a thriving mixed-use destination.
Permits have been filed for an eight-story hotel building at 3035 Webster Avenue in Norwood, The Bronx. Located between East Gun Hill Road and East 233rd Street, the interior lot is closest to the Gun Hill Road subway station, serviced by the 2 and 5 trains. Titan Equity Group under the 3530 Webster LLC is listed as the owner behind the applications.
Work is progressing on the addition and partial residential conversion of the 99-year old Crown Building at 730 Fifth Avenue. Originally designed by Warren and Wetmore, the 26-story structure has a rich history that includes serving as the original home of the Museum of Modern Art. The current transformation into Aman New York, a mixed-use hotel and residential property, is designed by Jean-Michel Gathy and is being developed by OKO Group. Renderings released last fall reveal the interiors of the building, which will house the Aman hotel from floors four through 24. The 22 condominiums are planned to span 95,000 square feet, for an average of more than 4,300 square feet apiece. Douglas Elliman Development Marketing is handling sales of the 22 condominiums.
Excavation has yet to begin for 110-112 Liberty Street, a 20-story hotel in the Financial District. Located between Liberty Street and Thames Street directly south of Four World Trade Center, the project is designed by Stonehill Taylor Architects and is being developed by Eddie Hidary of Hidrock Properties, which acquired the site for approximately $38.5 million in 2018.