Construction is nearing the halfway mark on 450 Eleventh Avenue, a 642-foot-tall Aloft Hotel in Hudson Yards. Designed by DSM Design Group and developed by Marx Development Group, the 51-story skyscraper will yield 379 rooms and is expected to cost around $368 million. The property is located at the corner of West 37th Street, directly across from the Jacob K. Javits Center, and will also feature a business center, a ballroom, and a fourth-floor restaurant and bar with an outdoor terrace.
Exterior work is progressing on the Aloft Hotel, a 32-story tower at 132 West 28th Street in Chelsea. Designed by Peter Poon Architects and developed by Frank Ng, the 326-foot-tall building will yield 203 guest rooms between Sixth and Seventh Avenues.
Permits have been filed for a four-story non-profit institution with sleeping accommodations at 1816 Washington Avenue in Tremont, The Bronx. Located between East 175th Street and East 176th Street, the interior lot is closest to the Tremont Avenue subway station, serviced by the B and D trains. Eric Koch of Practice of Peace Foundation Inc. is listed as the owner behind the applications.
Construction is now several floors above street level at 50 Trinity Place, a forthcoming Aloft Hotel in the Financial District. The project is designed by Peter Poon Architects and is being developed by FIT Investment Corporation, which purchased the property for $15 million eight years ago. Located at the intersection of Trinity Place and Rector Street, the site is located just to the north of 77 Greenwich Street.
Foundation work has partially reached street level at 50 Trinity Place in the Financial District, the site of a new Aloft Hotel. The first half of the ground-floor slab has been formed, while the eastern half has yet to catch up. Bundles of steel rebar for the columns can also be spotted standing vertically on the property. Located diagonally across from Trinity Church at the corner of Trinity Place and Rector Street, the project is designed by Peter Poon Architects and is being developed by FIT Investment Corporation, which purchased the Lower Manhattan site for $15 million in 2012.