Retail

TSX Broadway’s New Superstructure Begins Assembly at 1568 Broadway in Times Square, Manhattan

Construction has begun on the new superstructure for 1568 Broadway, a 470-foot-tall hotel in Times Square. Designed by PBDW ArchitectsMancini Duffy, and Perkins Eastman and developed by L&L Holding CompanyMaefield Development, and Fortress Investment Group, the project involved the partial demolition of the former DoubleTree Suites by Hilton to make way for the new 550,000-square-foot tower, which will be dubbed TSX Broadway. The overhaul also includes the raising of Kirchoff & Rose’s 108-year-old Palace Theater by 30 feet to make room for ground-floor retail space. The site is located at the corner of Seventh Avenue and West 47th Street to the east of the red TKTS stairs, and is slated to cost $2.5 billion.

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New Renderings Revealed for SOM’s 175 Park Avenue, aka Project Commodore, in Midtown East

YIMBY spotted a new batch of renderings and diagrams that depict Skidmore Owings & Merrill‘s upcoming ground-up mixed-use supertall at 175 Park Avenue, aka Project Commodore. The 83-story Midtown East, Manhattan behemoth is slated to rise on the site of the Grand Hyatt between the 108-year old Beaux Arts style Grand Central Terminal and the 91-year-old Art Deco style Chrysler Building at the corner of East 42nd Street and Lexington Avenue. RXR Realty and TF Cornerstone are developing the massive structure, which also appears to have gotten a height reduction to 1,486 feet tall, as opposed to the 1,646-foot tall architectural height previously intended. Inside will be 500 Hyatt hotel rooms on the upper floors spanning 453,000 square feet; 10,000 square feet of retail space on the ground, cellar, and second levels; new elevated, publicly accessible plaza space overlooking the surrounding Midtown neighborhood; and 2.1 million square feet of Class A office space.

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Rendering of proposed development at 48-18 Van Dam Street

Renderings Reveal New Teamsters Union Headquarters at 48-18 Van Dam Street in Long Island City, Queens

A large trapezoidal lot at 48-18 Van Dam Street in Long Island City may soon serve as the new headquarters for International Brotherhood of Teamsters, Local 813, a union that represents a variety of laborers in the New York City Metropolitan Area. Before the project can begin, the Department of City Planning will need to approve zoning text amendments to permit the construction of a mixed-use commercial building that is above the currently allowable height and density.

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