Midtown

247 West 42nd Street

Renovation Planned for Four-Story, 240,000-Square-Foot Retail Building at 247 West 42nd Street, Midtown

Tishman Realty is planning a $65 million renovation on the four-story, 240,000-square-foot commercial-retail building at 247 West 42nd Street, in the Times Square section of Midtown. The 400-foot-long structure, which includes the retail space under the Westin Hotel at the corner of Eighth Avenue, will receive a more streamlined and modern façade, with billboard advertisements. The property owner plans to keep some existing tenants while replacing others, Crain’s reported. Construction is expected in 2018, with occupancy anticipated in 2019.




242 West 53rd Street

62-Story, 426-Unit Mixed-Use Tower Rises to 12th Floor at 242 West 53rd Street, Midtown

Construction is now 12 stories up on the 62-story, 426-unit mixed-use tower under development at 242 West 53rd Street, in Midtown’s Theater District. The progress on construction, first reported by Curbed NY, can be seen thanks to photos posted to the YIMBY Forums by Tectonic. Building permits indicate the project will eventually encompass 542,276 square feet, rising 674 feet to its main roof, not including the bulkhead. There will be 16,514 square feet of retail space across the ground floors, followed by 426 residential units on the fourth through 59th floors. The apartments, which are confirmed to be rentals, should average 1,024 square feet apiece. Algin Management is the developer and CetraRuddy is the architect. Completion is anticipated for 2018.


320 West 36th Street

Façade Installation Underway on 26-Story, 249-Key Crowne Plaza Hotel at 320 West 36th Street, Garment District

Façade installation is now in the final stages on the 26-story, 249-key Crowne Plaza hotel under construction at 320 West 36th Street, in the Garment District section of Midtown. Progress on the structure can be seen thanks to photos posted to the YIMBY Forums. The latest building permits indicate the hotel measures 119,039 square feet and stands 246 feet to its roof, not including the bulkhead. A restaurant will be located on the ground and cellar levels, while hotel rooms will be located on the second through 26th floors. Raber Enterprises is the developer and Stonehill & Taylor Architects and Planners is behind the design. Opening can probably be expected next year.


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