Midtown


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

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.

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

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.

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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

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.

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