TSX Broadway’s Tempo by Hilton Prepares For Late-Summer Opening at 1568 Broadway in Times Square, Manhattan

8:00 am on June 27, 2023 By Michael Young

Construction on TSX Broadway, a 47-story hotel tower at 1568 Broadway in Times Square, reached a milestone as crews turned on TSX Entertainment’s 18,000-square-foot podium LED display. Designed by Perkins Eastman and Mancini Duffy and developed by L&L Holding Company and Fortress Investment Group, the 550,000-square-foot structure will yield 661 hotel rooms operated by Tempo by Hilton, as well as 100,000 square feet of retail space on the lower levels and Times Square’s only cantilevering outdoor performance stage. Positioned above the new retail space is the historic Palace Theater, which was renovated by PBDW Architects and lifted 30 feet above street level in early 2022. Pavarini McGovern is the general contractor for the property, which is located at the corner of Seventh Avenue and West 47th Street.

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27 Park Place’s Renovation Nears Completion in Tribeca, Manhattan

7:30 am on June 27, 2023 By Michael Young and Matt Pruznick

Renovation work is nearing completion on 27 Park Place, a five-story commercial building in Tribeca. Designed by Michael Schmitt Architect PC, the project involves a full interior and exterior refurbishment following a six-alarm fire that heavily damaged the structure in 2017. Empire State Development is the general contractor for the property, which is bound by Murray Street to the north, Park Place to the south, and Church Street to the west.

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Construction now underway at 601 Midland Avenue (LoopNet)

New York Blood Center Breaks Ground on Commercial Campus in Westchester County

7:00 am on June 27, 2023 By Sebastian Morris

New York Blood Center Enterprises will soon open its first vertical campus in Westchester County, New York, where construction broke ground this month. Located at 601 Midland Avenue in Rye, the existing building will be gutted and transformed to accommodate state-of-the-art life sciences research space, blood collections tools, and cell therapy manufacturing facilities.

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Demolition Nears Completion for PENN15 Supertall at 15 Penn Plaza in Midtown, Manhattan

8:00 am on June 26, 2023 By Michael Young and Matt Pruznick

Demolition is progressing toward street level on the Hotel Pennsylvania, which is being razed to make way for PENN15, a 1,200-foot commercial supertall at 15 Penn Plaza in Midtown, Manhattan. Designed by Foster + Partners and developed by Vornado Realty Trust, the 56-story skyscraper will yield 2.7 million square feet of office space and will stand as the centerpiece of the massive 7.4-million-square-foot Penn District master plan. Northstar Contracting Group is the demolition contractor for the Hotel Pennsylvania, which is located along Seventh Avenue between West 32nd and 33rd Streets.

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