Metallic exterior façade panels now cover the entirety of the northern face of 12 East 48th Street, a 161-room Hilton Grand Vacation Hotel in Midtown East. Designed by Handel Architects and developed by Hidrock Realty, the slender reinforced concrete building is located between Madison Avenue and Fifth Avenue and is flanked by two low-rise structures.
YIMBY recently toured the sales gallery for the upcoming partial residential conversion of the Waldorf Astoria. Dubbed The Towers of The Waldorf Astoria, the project will create 375 residences ranging from studios to penthouses. Addressed 303 Park Avenue, the 625-foot-tall Art Deco landmark was built by Schultze and Weaver in 1931 and is currently undergoing a major restoration that also includes the renovation of 375 hotel rooms.
Plans for 350 Park Avenue were revealed last year but we won’t see the supertall complete until 2027 at the earliest. In a 2019 fourth quarter earnings call last week for Vornado Realty Trust, the company confirmed that ongoing leases would conclude by end of 2023, which is the earliest it could begin to take down the current building and build the almost 1,500-foot-tall office skyscraper.
The Pestana NY East Hotel at 23 East 39th Street celebrated its grand opening earlier this week. Designed by Gene Kaufman Architect, the building stands 27 stories above Midtown, Manhattan. The 40,000 square foot structure contains 96 guest rooms, a fitness center, a bar, and an outdoor patio. Select guest suites offer balconies with clear views of the Empire State Building. At the ground floor, the lobby of includes a fireplace and a small lounge for breakfast and casual dining.
Following an extensive lobby and façade renovation for 10 Grand Central at 155 East 44th Street in Midtown East, Marx Realty will soon debut a collection of office suites on the top floors of the commercial tower. Located on floors 32 through 36, “The Penthouse Collection” can be configured as 5,000-square-foot single-floor leases or combined into a 10,000-square-foot duplex space or a 15,000-square-foot triplex office.