Construction is now 10 stories above street level on the 33-story, 271-key AC Hotel, a Marriott brand, under development at 151 Maiden Lane, located on the corner of Front Street in the Financial District. The progress can be seen thanks to a photo posted to the YIMBY Forums. The latest building permits indicate the structure will measure 139,891 square feet and stand 336 feet to its pinnacle at the top of the bulkhead. Retail space will occupy some of the ground floor and hotel rooms will be located on the third through 30th floors. LCRE Group is the developer and Pizzarotti-IBC is building the project. Peter F. Poon’s SoHo-based architecture firm is the architect. Completion is expected in the summer of 2017.
Foundation work is now underway on the 21-story hotel under development at 16 East 30th Street, in NoMad. The construction progress can be seen thanks to a photo posted to the YIMBY Forums. The latest building permits indicate that the new structure will encompass 50,997 square feet and rise 204 feet to its roof, not including the bulkhead.
JHG Holdings has acquired, for $50.4 million, the Parish of St. Vincent de Paul at 123 West 23rd Street and the four-story tenement buildings at 116-120 West 24th Street, in Chelsea. The developer also owns the four-story hotel at 131 West 23rd Street, The Real Deal reported. The assemblage’s footprint measures 17,968 square feet and plans are already on file for a 35-story residential-hotel project.
Completion is near for the 10-story, 74-room hotel under construction at 40-47 22nd Street, in northern Long Island City. The property will most likely operate under the Howard Johnson brand, which completed another 10-story hotel four blocks northwest at 38-61 12th Street in 2014. The project’s developer is Ratan Realty Three LLC, with Michael Kang serving as the architect.
Vertical construction is moving full steam ahead on the 42-story, 452-key EDITION hotel (by Marriott) under development at 701 Seventh Avenue. That’s on the corner of West 47th Street in the heart of Times Square. The progress can be seen thanks to a photo posted to the YIMBY Forums. The tower, dubbed 20 Times Square, will rise 517 feet above street level and will contain 269,769 square feet of commercial space, according to the latest building permits. Retail space will be located on two cellar levels and the ground through fourth floors. Actual hotel rooms will be located on the 14th through 40th floors.