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6 Water Street

29-Story, 250-Key Hotel Building Tops Out at 6 Water Street, Financial District

Since being eight stories in height when YIMBY checked in last October, the 29-story, 250-key hotel under development at 6 Water Street — located at the corner of Moore Street in the Financial District — has topped out. The construction progress can be seen thanks to a photo posted to the YIMBY Forums. The latest building permits indicate the 298-foot-tall structure measures 125,684 square feet. Guest amenities at the hotel will include storage for 10 bikes, a fitness center, a coffee shop, and a restaurant on the second floor. The hotel rooms will begin on the third floor. The hotel operator is not yet known. Magna Hospitality Group is the developer and Gene Kaufman’s SoHo-based architectural firm is responsible for the design. Since the majority of the hotel’s façade is already installed, completion later this year wouldn’t be surprising.


55 Wythe Avenue

Opening Imminent for 23-Story, 183-Key William Vale Hotel at 55 Wythe Avenue, Williamsburg

Things are moving along swiftly at a new hotel in Brooklyn. Construction is complete on the 23-story, 250-foot-tall mixed-use building — which YIMBY has been chronicling the construction of since its superstructure began to rise in early 2015 — at 55 Wythe Avenue, located between North 12th and 13th streets in northern Williamsburg. The 183-key boutique hotel, dubbed The William Vale, is expected to open later this month, Curbed NY reported. The hotel rooms will be located on the 11th through 21st floors. The 248,000-square-foot structure boasts 19,257 square feet of ground-floor retail and restaurant space, followed by 35,678 square feet of medical office space on the fifth through ninth floors. The complex will be accommodated by a 210-car parking garage, a pedestrian plaza, a slew of amenities on the second through fourth floors, a restaurant on the 22nd and 23rd floors, and a 15,000-square-foot roof terrace. Zelig Weiss and Riverside Developers co-developed the project, and Aldo Liberis served as the design architect. The Nassau Avenue stop on the G train is seven blocks away.