Renovation work is progressing at The Hive, a two-building complex along Eighth Avenue between West 42nd Street and West 43rd Street in Midtown. Hive 42, the taller structure, occupies an L-shaped plot at 303 West 42nd Street and stands 13 stories tall. Directly to the north is Hive 43, a six-story industrial building at 300 West 43rd Street. Both have been in the process of being transformed into a new mixed-use development with offices and ground-floor retail space. The project is being designed by Gertler & Wente Architects, developed by KRW Realty Advisors, and managed by Hive Management LLC.
At the beginning of this year, Governor Andrew Cuomo announced a major redevelopment initiative for the area surrounding New York City’s Pennsylvania Station. Referred to as the “Empire State Complex,” the project team is now completing a final scope of work, which will take into consideration the many comments received from community activists, experts, and officials since a scoping meeting on July 20, 2020.
Demolition is moving along steadily at 1568 Broadway in Times Square, where the 46-story tower has been reduced to around half its former size. The 30-year-old, 470-foot-tall steel superstructure formerly housed the DoubleTree Suites by Hilton and will be replaced by a new hotel dubbed TSX Broadway. Designed by PBDW Architects, Mancini Duffy, and Perkins Eastman, and developed by L&L Holding Company, Maefield Development, and Fortress Investment Group, the new structure will rise 46 stories and span 550,000 square feet.
Construction has topped out at 145 West 47th Street, a 48-story hotel in Times Square. Designed by Berg + Moss Architects and developed by Tribeach Holdings, the property will operate as a 353,000-square foot, 630-room hotel.
Construction has topped out at 30 West 39th Street, a 300-room hotel in Midtown, Manhattan. Designed by Peter Poon Architects and developed by Fortuna Realty, the 27-story reinforced concrete structure stands 323 feet tall and spans 133,500 square feet. Leeding Builders Group, LLC is the general contractor for the project.