A Broadway landmark is about to reach new heights, literally. The Palace Theater, located at 1564 Broadway, a city-designated interior landmark, will be lifted 29 feet from its current position, accommodating 10,000 square feet of new lobby and back of house space, plus additional retail below the theater.
Back in October of 2012, YIMBY broke news of plans for a significant hotel and retail tower at 701 Seventh Avenue, in Times Square, and now that excavation is nearly complete, foundation work is imminent on the 39-story, 452-key Marriott Edition, according to the New York Post. Dubbed 20 Times Square, the building will measure just under 270,000 square feet and will include 76,000 square feet of retail space. The retail base will also feature an 18,000 square-foot LED sign. Steven Witkoff, Ian Schrager, Winthrop Realty Trust, and Maefield Development are the developers, while PBDW Architects is designing. Completion is expected in 2017.
Soho Properties, MHP Real Estate Services and Hampshire Hotels Group have closed on the purchase of 19,772 square feet of air rights for their planned 29-story, 384-foot mixed-use commercial building at 560 7th Avenue, in Midtown (at 40th Street), according to Commercial Observer. A 238-key Dream Hotel is planned, which will also feature retail space on the ground & second floor, and restaurants on the third floor and cellar level. Stonehill & Taylor Architects is designing, and demolition of the existing six-story building is expected to commence by the end of this year.
SL Green Realty has filed applications for a four-story, 6,020 square-foot commercial building — rising 57 feet tall — at 719 7th Avenue, in Midtown’s Theater District. The job description states the building will be solely for retail, and will feature signage above the roof. TPG Architecture is designing, and the existing three-story building was approved for demolition back in December.
A new 21-story and 196-room hotel is under construction at 30 West 46th Street; the project’s developer is Cambria Suites, which is turning the building into one of its namesake hotels. Kaufman is the architect…
A number of towers that began work in 2013 will begin to make an impact on the skyline in 2014, including several supertalls. Activity is booming throughout the city, with major new developments rising in…