Articles by Michael Young

Exterior Work on Margaritaville Resort Nears Completion at 560 Seventh Avenue in Times Square

8:00 am on October 25, 2020 By Michael Young

Façade installation is progressing on the 234-room Margaritaville Resort at 560 Seventh Avenue in Times Square. Designed by Stonehill Taylor and developed by Sharif El-Gamal of Soho Properties along with MHP Real Estate Services, the 375-foot-tall tower is now almost fully enclosed in its glass window wall, with just the upper-most floors remaining. The 29-story structure is located at the corner of Seventh Avenue and West 40th Street, one avenue to the east of the Port Authority Bus Terminal. The project is expected to cost around $300 million.

Construction Wraps on 44 Union Square’s Renovation and Expansion in Union Square

7:30 am on October 25, 2020 By Michael Young

Construction is complete on the expansion and restoration of the former Tammany Hall headquarters at 44 Union Square. The multi-story addition and interior renovations were designed by BKSK Architects and developed by Reading International (RDI) with Edifice Real Estate Partners as the owner’s representative. The project features a prominent geometric space-frame dome atop the 90-year-old structure. CNY Group was in charge of construction for the Union Square site, which sits at the corner of East 17th Street and Park Avenue South. Reading International purchased the historic edifice 18 years ago and received a $57.5 million loan secured by Bank OZK and Fisher Brothers from Lionheart Strategic Management, LLC, an affiliate of Fisher Brothers.

90 Morton Street Opens for Occupancy in the West Village

7:00 am on October 24, 2020 By Michael Young

Construction has reached full completion at 90 Morton Street, a 12-story condominium building in the West Village. Designed by Asaf Gottesman of Gottesman-Szmelcman Architecture and developed by Brack Capital Real Estate, the 150-foot-tall project involved a rooftop addition on an eight-story industrial building that once housed a printing warehouse. The structure yields 122,000 square feet with interior design by Marc Turkel of Leroy Street Studio. Reuveni Real Estate is leading sales and marketing of the 35 units, which hit the market in April 2018 with prices starting at $5.3 million.

60 Charlton Street’s Glass Addition Nears Completion in Hudson Square

7:30 am on October 23, 2020 By Michael Young

Exterior work is nearing completion on the six-story addition atop 60 Charlton Street, an office building in Hudson Square. Alternately addressed as 163 Varick Street, the project is designed by HOK and co-developed by APF Properties, Kenneth Aschendorf, and Berndt Perl, with Stuart Milstein of Drake Street Properties, and brings the structure’s total height to 12 stories and 191 feet tall.

Rendering of Union Square Tech Training Center at 124 East 14th Street

Zero Irving’s Glass Façade Rising Quickly at 124 East 14th Street in Union Square

8:00 am on October 22, 2020 By Michael Young

Curtain wall installation is progressing quickly on Zero Irving, a 21-story mixed-use building at 124 East 14th Street in Union Square. Designed by Davis Brody Bond and developed by RAL Development, the structure will yield 240,000 square feet of affordable and market-rate office space for technology firms and amenities for occupants. Financial partners Junius Real Estate Partners and Suffolk Construction are also helping to develop the property.

Curtain Wall Installation Progresses at 799 Broadway in Greenwich Village

8:00 am on October 21, 2020 By Michael Young

Façade installation is making progress at 799 Broadway, a 12-story office building in Greenwich Village. Designed by Perkins + Will and developed by Columbia Property Trust, the 182-foot-tall project will yield 180,000 square feet of commercial space marketed by JLL. The corner lot is located at the intersection of Broadway and East 11th Street, and was purchased by Normandy Real Estate Partners and Ares Management in 2016 for $101 million. Early work required the demolition of several low-rise structures before excavation and construction of the new edifice could begin.

NYU’s Partially Topped-Out Expansion at 181 Mercer Street Progresses in Greenwich Village

8:00 am on October 20, 2020 By Michael Young

Curtain wall installation is progressing at 181 Mercer Street, NYU‘s 23-story, 750,000-square-foot complex in Greenwich Village. Designed by Davis Brody Bond and KieranTimberlake, the mixed-use project sits along Houston Street between Mercer and Bleecker Streets, directly to the east of I. M. Pei’s three-tower University Village complex.

Finishing Exterior Touches Underway at 10 East 30th Street in NoMad

7:00 am on October 20, 2020 By Michael Young

Final touches are underway at 10 East 30th Street, a 20-story hotel in NoMad. Designed by Brooklyn-based firm Baobab Architects, the structure stands 200 feet tall between Madison Avenue and Fifth Avenue. The reinforced concrete building features dark-colored eastern and western elevations, and a glass curtain wall covering the stepped northern façade and flat southern profile. The upper floors feature a mix of sloped glass and setbacks that serve as outdoor terraces for select hotel rooms. A hotel operator for 10 East 30th Street and the number of rooms remains unknown.

Progress On World’s Tallest Modular Hotel At 842 Sixth Avenue Remains On Hold In NoMad

7:30 am on October 19, 2020 By Michael Young

Construction on 842 Sixth Avenue in NoMad, has been stalled for the past several months and it is unclear as to if and when this planned 100,000-square-foot project will move forward. Designed by Danny Forster & Architecture, the 26-story building will house a 168-room AC NoMad Hotel by Marriott International and is slated to become the world’s tallest modular hotel. Concord Hospitality is the developer of the Midtown project, which sits between West 29th and West 30th Streets. Also part of the design program would be multiple outdoor terraces and a rooftop bar.

Virgin Hotel’s Upper Façade Complete as Podium Work Continues at 1225 Broadway in NoMad

8:00 am on October 18, 2020 By Michael Young

Exterior work is getting closer to completion on the Virgin Hotel, a 476-foot-tall tower at 1225 Broadway in NoMad. Designed by Stantec and developed by Lam Group, the 38-story project will yield a total of 300,000 square feet with 460 hotel rooms. Sir Richard Branson of Virgin Group will be in charge of managing the property, which will be the first Virgin Hotel in New York City.

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Articles by Michael Young

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