Construction Update

Margaritaville Resort Making Rapid Progress at 560 Seventh Avenue in Times Square

The Margaritaville Resort is ascending swiftly at 560 Seventh Avenue in Times Square. Construction has passed the primary setback and workers are forming the floor plates for the main massing that will contain the hotel’s 234 rooms. Portions of the metal-trimmed glass façade have also begun to be installed on the tower, which will rise 29 stories. The project is designed by Stonehill & Taylor Architects and developed by Sharif El-Gamal of Soho Properties along with MHP Real Estate Services.

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Eliot Spitzer Updates YIMBY On 420 Kent Avenue in Williamsburg and His Company’s Forthcoming Hudson Yards Developments

While construction is booming across the entirety of Williamsburg’s waterfront, one of the first mega-projects of this development cycle to wrap will be 420 Kent Avenue’s three residential towers. Totaling 857 units, the last two buildings are preparing for an imminent opening day. YIMBY sat down with the project’s developer Eliot Spitzer of Spitzer Enterprises to discuss the latest happenings at the ODA-designed site, the former governor’s plans for Hudson Yards, and the perils of potential population loss across the five boroughs.

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Vandewater’s Façade Reaching Final Floors at 543 West 122nd Street in Morningside Heights

The façade for Vandewater is reaching the upper floors of the 33-story, 385-foot-tall reinforced concrete structure, in Morningside Heights. Located at 543 West 122nd Street, the residential building now towers over the surrounding neighborhood. The project is designed by INC Architecture & Design, with SLCE Architects serving as the executive architect. Savanna is the developer, and Halstead Development Marketing is handling sales for the 183 condominiums.

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685 Fifth Avenue. Rendering via Marin Architects

685 Fifth Avenue’s Mandarin Oriental Conversion and Expansion Now Underway, in Midtown

Work is underway to prepare 685 Fifth Avenue for a 100,000-square-foot office-to-condominium conversion. The first batch of scaffolding has been assembled on the northern profile of the address, and a green scaffold board runs along the top of the retail section. The 20-story building will eventually be a 30-story building, with ten additional floors to be built atop the current roof parapet. The residential component will comprise 69 condos, to be managed by Mandarin Oriental Hotel Group. SHVO is the property developer and has partnered with BLG Holdings and Deutsche Financial to spend $135 million on the expansion and conversion of the property, which will stand 350 feet tall and rise 30 stories when complete. Marin was the architect of record and the design architect, with March & White handling the interior design. Brookfield Properties is in charge of marketing the Fifth Avenue retail space.

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