L&L Holding Company

Exterior View of Construction at 425 Park Avenue - Photo by Alan Schindler

Norman Foster’s 425 Park Avenue Issued Temporary Certificate of Occupancy, in Midtown East, Manhattan

The Department of Buildings has awarded Norman Foster’s 425 Park Avenue a temporary certificate of occupancy, or TCO, signaling imminent completion of the commercial skyscraper in Midtown East. From developers L&L Holding Company, Tokyu Land Corporation, and co-managing partner BentallGreenOak, the 47-story office tower comprises around 667,000 square feet.

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Demolition Continues for TSX Broadway at 1568 Broadway in Times Square, Manhattan

Demolition work is continuing at 1568 Broadway in Times Square, where the 46-story, 470-foot-tall building now stands less than 20 stories high. Designed by PBDW ArchitectsMancini Duffy, and Perkins Eastman and developed by L&L Holding CompanyMaefield Development, and Fortress Investment Group, the project involves the partial demolition of the former DoubleTree Suites by Hilton and construction of a new 46-story, 550,000-square-foot hotel tower dubbed TSX Broadway, on its foundations. This also includes the preservation of the 108-year-old Palace Theater, which will be raised 30 feet to make room for ground-floor retail space. The site is located at the corner of Seventh Avenue and West 47th Street, directly across from the TKTS stairs.

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TSX Broadway Demolition Passes Halfway Mark in Times Square

Demolition is moving along steadily at 1568 Broadway in Times Square, where the 46-story tower has been reduced to around half its former size. The 30-year-old, 470-foot-tall steel superstructure formerly housed the DoubleTree Suites by Hilton and will be replaced by a new hotel dubbed TSX Broadway. Designed by PBDW ArchitectsMancini Duffy, and Perkins Eastman, and developed by L&L Holding CompanyMaefield Development, and Fortress Investment Group, the new structure will rise 46 stories and span 550,000 square feet.

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