Manhattan

6 Water Street

29-Story, 249-Key Hotel Finally Rising At 6 Water Street, Financial District

6:00 am on August 18, 2015 By Reid Wilson

In February of 2014, YIMBY reported on filings for a 29-story, 249-key hotel at 6 Water Street, in the Financial District, and later that year, revealed an on-site rendering of the project, which is being designed by Gene Kaufman. Courtesy of a YIMBY reader, photos confirm the building is finally rising, and it’s now one floor above street level. Rhode Island-based Magna Hospitality Group is developing, after acquiring the site from prolific hotel builder Sam Chang last year for $44.3 million. Signage indicates an anticipated completion date of this coming winter, though that would seem unlikely.

316 East 81st Street

Six-Story, Six-Unit Residential Building Filed At 316 East 81st Street, Upper East Side

6:30 am on August 17, 2015 By Reid Wilson

The head of the Midtown-based law firm King & Spalding has filed applications for a six-story, six-unit residential building at 316 East 81st Street, on the Upper East Side, in Yorkville. The building will measure 11,660 square feet in total, and units will likely be condominiums, averaging 1,943 square feet apiece. Issac & Stern is designing, and an old three-story townhouse must first be demolished; the building was purchased in 2012 for $3.2 million.

250 West 49th Street

Air Rights Assembled For 24-Story, 246-Key Hotel At 250 West 49th Street, Midtown

2:00 pm on August 13, 2015 By Reid Wilson

The Hakimian Organization, partnered with Gorjian Properties, is acquiring 16,000 square feet of air rights for their planned 24-story, 246-key hotel building at 250 West 49th Street, in Midtown’s Theater District. The existing eight-story building is to be converted into the hotel’s lower portion, while a 16-story expansion will be placed on top, topping out at 279 feet in height. The 94,850 square-foot structure will also feature retail on the ground floor. Gillman Consulting Inc. is the applicant of record.

80 Essex Street

Excavation Work Imminent At 80 Essex Street, Site of 24-Story, 195-Unit Mixed-Use Building On LES

6:30 am on August 13, 2015 By Reid Wilson

At the beginning of the year, YIMBY revealed the first few buildings in the Essex Crossing development on the Lower East Side, including the 24-story, 195-unit mixed-use building planned at 115 Delancey Street/80 Essex Street. In the spring, demolition was underway to remove the old Essex Street Market building, and now excavation appears imminent, per Bowery Boogie. Handel Architects is designing, and a Regal movie theater, the Essex Street Market, and an urban farm will occupy the building’s base. Completion is expected in 2018.

55 Hudson Yards

Foundation Work Underway At 55 Hudson Yards, Midtown West

6:00 am on August 13, 2015 By Reid Wilson

YIMBY first revealed Related’s 51-story, 1.3-million square-foot office building dubbed 55 Hudson Yards in May of 2014, and then we brought you an excavation update earlier this spring. Today, per Curbed, foundation work is well underway. Kohn Pedersen Fox is designing, and completion is expected in 2017. Oxford Properties Group is co-developing, and Mitsui Fudosan also owns a 92.09 percent stake in the project.

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