Construction is rising at 150 West 48th Street. a 974-room hotel in Times Square. The 300,216-square-foot structure is designed by Gene Kaufman Architect for Sam Chang of McSam Hotel Group, which purchased the property from Rockefeller Group in early 2019 for $140 million, and received a $250 million construction loan before breaking ground last year. The site is located between Sixth Avenue and Seventh Avenue and is part of the growing collection of new hotels rising around the famous crossroads.
Recent photos reveal the extraordinary progress that has occurred on the project since our last update in early August, when work was still at the foundation stages. Now construction stands several floors above street level, giving an impression of the building’s scale. The structure spans the entire width of the rectangular parcel and nearly abuts the sidewalk along West 48th Street. Progress should be quick, owing to the design’s relatively repetitive stack of floor slabs, columns, and walls, as well as a lack of setbacks. The site is surrounded by several old low-rise structures on the eastern and western ends, including the Cort Theatre at 138 West 48th Street.
Kaufman’s project will join a host of other nearby hotels underway such as the Hard Rock Hotel at 159 West 48th Street, the RIU Hotel at 145 West 47th Street, the Margaritaville Resort at 560 Seventh Avenue, and TSX Broadway at 1568 Broadway.
No official completion date has been announced for 150 West 48th Street, but sometime in late 2021 or early 2022 is possible.