Midtown

270 Park Avenue

270 Park Avenue’s First Office Levels Begin Formation in Midtown East, Manhattan

Construction has reached the first office levels of JP Morgan Chase‘s new 1,388-foot supertall headquarters at 270 Park Avenue in Midtown East. Steel assembly on the gargantuan ground floor has reached the eastern end of the rectangular parcel, while the rest of the flaring diagonal columns complete the outline of the base. This week, workers began to weld the first set of vertical columns and diagonal beams above the ground floor, which will become trading floors in the first tier of floor plates in the 2.5-million-square-foot behemoth. Tishman Construction is the general contractor for the project, located between Park and Madison Avenues and 47th and 48th Streets.

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RIU Plaza Hotel Nears Completion at 145 West 47th Street in Times Square, Manhattan

Work is nearing completion on the RIU Plaza Hotel, a 48-story tower at 145 West 47th Street in Times Square. Designed by Berg + Moss Architects and developed by Tribeach Holdings, the 353,000-square-foot reinforced concrete edifice stands between Sixth and Seventh Avenues and will soon open its 630 rooms to guests. Transom Builders Group is the general contractor for the building.

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1,046-Room Hilton Tower Nears Completion at 150 West 48th Street in Times Square, Manhattan

Façade work is rapidly progressing on the recently topped-out 150 West 48th Street, a 418-foot-tall, 38-story triple-brand Hilton hotel tower in Times Square. Designed by Gene Kaufman Architect and developed by Sam Chang of McSam Hotel Group, the 320,000-square-foot structure will yield 1,046 hotel rooms with a Hampton Inn, a Home 2 Suites, and a Motto Hotel, Hilton’s newest brand of micro-hotels. McSam Hotel Group purchased the Midtown, Manhattan site from Rockefeller Group in early 2019 for $140 million, and also received a $250 loan before construction broke ground last year. Omnibuild is in charge of erecting the tower, which is located by the corner of West 48th Street and Seventh Avenue.

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TSX Broadway New Superstructure Steadily Takes Shape at 1568 Broadway in Times Square, Manhattan

Construction is progressing on the new superstructure of TSX Broadway, a 470-foot-tall hotel at 1568 Broadway in Times Square. Designed by PBDW ArchitectsMancini Duffy, and Perkins Eastman and developed by L&L Holding CompanyMaefield Development, and Fortress Investment Group, the Midtown, Manhattan project required the partial demolition of the DoubleTree Suites by Hilton while preserving a portion of the original steel-framed podium that’s being repurposed, refurbished, and incorporated into the 21st century overhaul. The end result will be a new 550,000-square-foot tower that will include Kirchoff & Rose’s 108-year-old Palace Theater, which is being renovated and raised 30 feet to make way for ground-floor retail space. The site is located at the corner of Seventh Avenue and West 47th Street, to the east of the red TKTS stairs, and is slated to cost $2.5 billion.

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