Construction Update

Google’s Office at 550 Washington Street Nears Topping Out in Hudson Square

Construction is nearing topping out at 550 Washington Street, Google’s 1.3 million-square-foot office in Hudson Square. Designed by COOKFOX Architects and developed by Oxford Properties, the facility will join two other nearby structures at 315 Hudson Street and 345 Hudson Street to form a 1.7 million-square-foot hub dubbed the “Googleplex.” The site is bound by West Street, West Houston Street, Washington Street, and the New York Department of Sanitation offices.

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Exterior Work on Margaritaville Resort Nears Completion at 560 Seventh Avenue in Times Square

Façade installation is progressing on the 234-room Margaritaville Resort at 560 Seventh Avenue in Times Square. Designed by Stonehill Taylor and developed by Sharif El-Gamal of Soho Properties along with MHP Real Estate Services, the 375-foot-tall tower is now almost fully enclosed in its glass window wall, with just the upper-most floors remaining. The 29-story structure is located at the corner of Seventh Avenue and West 40th Street, one avenue to the east of the Port Authority Bus Terminal. The project is expected to cost around $300 million.

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Construction Wraps on 44 Union Square’s Renovation and Expansion in Union Square

Construction is complete on the expansion and restoration of the former Tammany Hall headquarters at 44 Union Square. The multi-story addition and interior renovations were designed by BKSK Architects and developed by Reading International (RDI) with Edifice Real Estate Partners as the owner’s representative. The project features a prominent geometric space-frame dome atop the 90-year-old structure. CNY Group was in charge of construction for the Union Square site, which sits at the corner of East 17th Street and Park Avenue South. Reading International purchased the historic edifice 18 years ago and received a $57.5 million loan secured by Bank OZK and Fisher Brothers from Lionheart Strategic Management, LLC, an affiliate of Fisher Brothers.

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90 Morton Street Opens for Occupancy in the West Village

Construction has reached full completion at 90 Morton Street, a 12-story condominium building in the West Village. Designed by Asaf Gottesman of Gottesman-Szmelcman Architecture and developed by Brack Capital Real Estate, the 150-foot-tall project involved a rooftop addition on an eight-story industrial building that once housed a printing warehouse. The structure yields 122,000 square feet with interior design by Marc Turkel of Leroy Street Studio. Reuveni Real Estate is leading sales and marketing of the 35 units, which hit the market in April 2018 with prices starting at $5.3 million.

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