Construction is nearing completion on 41-03 21st Street, a nine-story, 115-room hotel in Long Island City, Queens. Designed by Michael Kang Architect and developed by Vision Asset Group LLC, the 91-foot-tall structure stands at the corner of 21st Street and 41st Avenue by the 21st Street-Queensbridge station, servicing the F train. Sam Sai Hospitality LLC is set to operate the 34,440-square-foot hotel.
Construction is continuing to rise on 150 West 48th Street, a 330-foot tall, 38-story Hilton hotel in Times Square. Designed by Gene Kaufman Architect and developed by Sam Chang of McSam Hotel Group, the 320,000-square-foot structure will yield 1,048 hotel rooms, up from the previous reported count of 974, making it the ninth-largest hotel in New York City. McSam Hotel Group purchased the site from Rockefeller Group in early 2019 for $140 million, and received a $250 million construction loan before work broke ground in 2020. Omnibuild is in charge of constructing the hotel.
Exterior work is nearing completion on the Innolabs life science facility at 45-18 Court Square in Long Island City, Queens. Designed by Perkins + Will and developed by King Street Properties, Newmark Knight Frank, and GFP Real Estate, the project involves a ground-up six-story addition in multiple wings and the rehabilitation of the central building. The property is located just south of Jackson Avenue between Court Square West and Pearson Street, and is a short walk from the Court Square subway station, servicing the 7, E, and G trains.
Façade work is progressing on the topped-out superstructure of “Parcel G,” a 34-story tower in Hunters Point South, Queens. Designed by Handel Architects and developed by Gotham Organization, the building will yield 443 residential units, of which a portion will be dedicated to affordable housing, as well as a lower-level community facility for Flux Factory and for kayak rentals. The site is located by the intersection of 2nd Street and 56th Avenue.
Exterior work is progressing on 165 Lexington Avenue, an 11-story residential building in Kips Bay, Manhattan. Designed by Isaac & Stern Architects and developed Brooklyn North Capital and Riverbrook Equities, the 58,630-square-foot structure will yield 43 condominium units in studio to two-bedroom layouts, averaging 918 square feet. DNArc Design Studio is in charge of the interiors and The Serhant Team and Nestseekers International are responsible for sales and marketing for the property, which is situated along Lexington Avenue between East 30th and 31st Streets.
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