Hotel

BIG’s Second Twisting Tower For The XI Tops at 76 Eleventh Avenue, in Chelsea

The pair of twisting towers at 76 Eleventh Avenue, designed by Bjarke Ingels Group, are now officially topped out. Located in Chelsea, the shorter 300-foot tall building reached its twentieth floor one week ago. The complex, dubbed “The XI,” sits to the west of the High Line, just north of Chelsea Market and the Urban Theater over Eleventh Avenue. HFZ Capital is the developer of the 908,250-square foot site, while Omnibuild is in charge of constructing the reinforced concrete structures. 76 Eleventh Avenue will be a mix of residential units and a Six Senses Hotel.

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Grand Central Grand Hyatt

TF Cornerstone and MSD Partners to Redevelop Grand Hyatt in Midtown East

The Grand Hyatt New York next to Grand Central Terminal may soon be replaced. Developers TF Cornerstone and MSD Partners, L.P. recently announced their plans to redevelop the site in East Midtown, at 42nd Street and Lexington Avenue. The new mixed-use project would take the place of the existing building, adding 2 million square feet of retail and prime class A office space. In addition, the proposal also includes a new (but smaller) Grand Hyatt hotel.

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Brookfield’s $2 Billion Two Manhattan West Will Rise Without Anchor Tenant As One Manhattan West Nears Finish Line, in Midtown West

Brookfield is officially set to construct Two Manhattan West without an anchor tenant. The near-supertall tower will be the second-tallest skyscraper in the Manhattan West complex, comprising two million square feet of space, rising 935 feet to its rooftop, and enclosing 62 floors of office space, all at a cost of approximately $2 billion. Meanwhile, work on One Manhattan West is wrapping up, with the facade closing in on completion along the upper floors, while the construction crane is now coming down on the northern elevation.

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