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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