Fortress Investment Group

TSX Entertainment’s LED Screen Turns On at 1568 Broadway in Times Square, Manhattan

8:00 am on January 2, 2023 By Michael Young

Construction on TSX Broadway, a 47-story hotel tower at 1568 Broadway in Times Square, has reached a milestone as crews have turned on TSX Entertainment’s 18,000-square foot podium LED display. Designed by Perkins Eastman and Mancini Duffy and developed by L&L Holding Company and Fortress Investment Group, the 550,000-square-foot structure will yield 661 hotel rooms operated by Tempo of Hilton as well as 100,000 square feet of retail space on the lower levels and Times Square’s only cantilevering outdoor performance stage. Positioned above the new retail space is the historic Palace Theater, which was renovated by PBDW Architects and lifted 30 feet above street level in early 2022. The property is located at the corner of Seventh Avenue and West 47th Street.

Main entrance for Tempo by Hilton in Times Square - Courtesy of L&L Holdings

Renderings Reveal Tempo by Hilton at TSX Broadway in Times Square, Manhattan

7:00 am on September 18, 2022 By Sebastian Morris

Hilton will debut its first-ever Tempo-branded hotel at the new TSX Broadway at 1568 Broadway in Times Square, Manhattan. L&L Holding Company and Fortress Investment Group, the owners and developers of the TSX Broadway building, also led development of the new hotel.

TSX Broadway’s Glass Curtain Wall Nears Roof Parapet at 1568 Broadway in Times Square, Manhattan

8:00 am on September 6, 2022 By Michael Young

Curtain wall installation is nearing the parapet of TSX Broadway, a 47-story hotel tower at 1568 Broadway in Times Square. Designed by Perkins Eastman and Mancini Duffy and developed by L&L Holding Company and Fortress Investment Group, the 550,000-square-foot structure will yield 661 hotel rooms, 100,000 square feet of retail space on the lower levels, and a cantilevering outdoor performance stage. The project also involved the restoration and lifting of the historic Palace Theater by PBDW Architects to make room for retail frontage. Pavarini McGovern is the general contractor for the property, which is located at the corner of Seventh Avenue and West 47th Street.

Palace Theatre Completes 30-Foot Lift Within TSX Broadway, at 1568 Broadway in Times Square, Manhattan

8:00 am on May 4, 2022 By Michael Young

Construction on TSX Broadway has reached a significant milestone with the completion of the historic Palace Theatre’s lift to its new position 30 feet above street level within the podium of the 47-story Times Square hotel tower. The engineering challenge was overseen by Urban Foundation and Engineering and used a system of 34 hydraulic jacks to hoist the 14-million-pound venue at a speed of about a quarter of an inch per hour over the span of four months. Work will now commence on PBDW Architects‘ restoration of the theater, whose new elevated position will make way for 100,000 square feet of retail space at the base of the structure.

YIMBY Checks Out the Views From TSX Broadway at 1568 Broadway in Times Square, Manhattan

8:00 am on February 14, 2022 By Michael Young

YIMBY went on a tour of TSX Broadway, a 46-story hotel that topped out last week at 1568 Broadway in Times Square. Designed by Perkins Eastman and Mancini Duffy and developed by L&L Holding Company and Fortress Investment Group, the 470-foot-tall tower will yield 550,000 square feet with a 669-key hotel, retail space, restaurants, and a cantilevering outdoor performance stage that overlooks Times Square. The property is also home to the historic Palace Theatre, which will soon be raised by Urban Foundation and Engineering. PBDW Architects is restoring the interior of the theatre, and Pavarini McGovern is the general contractor for 1568 Broadway, which is located at the corner of Seventh Avenue and West 47th Street. The project is expected to cost around $2.5 billion.

Final flag and beam rises above Manhattan at TSX Broadway (1568 Broadway) - L&L Holding Company

TSX Broadway Tops Out at 1568 Broadway in Times Square, Manhattan

7:30 am on February 10, 2022 By Sebastian Morris

Construction has officially topped out on TSX Broadway, a 46-story mixed-use hotel tower at 1568 Broadway in Times Square. Designed by Perkins Eastman and Mancini Duffy and developed by L&L Holding Company and Fortress Investment Group, the 470-foot-tall structure will yield 550,000 square feet with a 669-key hotel, retail space, restaurants, and an outdoor performance venue that overlooks Times Square. The building will also serve as the new home of the historic Palace Theatre, which is being raised 30 feet to make room for ground-floor retail space. The project is projected to cost $2.5 billion and debut early 2023.

View of the construction at TSX Broadway

Historic Palace Theatre Begins 30-Foot Lift at 1568 Broadway in Times Square, Manhattan

7:00 am on January 17, 2022 By Sebastian Morris

Construction teams at TSX Broadway, a mixed-use hotel tower at 1568 Broadway in Times Square, have begun work on the lifting of the Palace Theatre. The historic venue is being hoisted 30 feet above street level to make way for ground-floor retail space.

TSX Broadway’s New Superstructure Nears Halfway Mark at 1568 Broadway in Times Square, Manhattan

8:00 am on November 29, 2021 By Michael Young

Construction is nearing the halfway mark on TSX Broadway, a 46-story hotel at 1568 Broadway in the heart of Times Square. Designed by PBDW Architects, Mancini Duffy, and Perkins Eastman and developed by L&L Holding Company, Maefield Development, and Fortress Investment Group, the 470-foot-tall structure will yield 550,000 square feet at the corner of Seventh Avenue and West 47th Street. The project involved the nearly full demolition of the former DoubleTree Suites by Hilton and the full restoration and 30-foot lifting of Kirchoff & Rose’s 1,700-seat, 108-year-old Palace Theater. Pavarini McGovern is in charge of construction for the property, which will feature ten floors of retail space and is slated to cost around $2.5 billion with a capacity to serve 15 million annual visitors.

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

8:00 am on September 28, 2021 By Michael Young

Construction is progressing on the new superstructure of TSX Broadway, a 470-foot-tall hotel at 1568 Broadway in Times Square. Designed by PBDW Architects, Mancini Duffy, and Perkins Eastman and developed by L&L Holding Company, Maefield 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.

TSX Broadway’s New Superstructure Begins Assembly at 1568 Broadway in Times Square, Manhattan

8:00 am on April 17, 2021 By Michael Young

Construction has begun on the new superstructure for 1568 Broadway, a 470-foot-tall hotel in Times Square. Designed by PBDW Architects, Mancini Duffy, and Perkins Eastman and developed by L&L Holding Company, Maefield Development, and Fortress Investment Group, the project involved the partial demolition of the former DoubleTree Suites by Hilton to make way for the new 550,000-square-foot tower, which will be dubbed TSX Broadway. The overhaul also includes the raising of Kirchoff & Rose’s 108-year-old Palace Theater by 30 feet to make room 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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