Developed by New York hotelier Sam Chang, a new 180,000-square-foot Hyatt Place has officially topped-out, yielding one of the largest hospitality developments in the Garment District and Times Square neighborhoods of Midtown, Manhattan.
The Riff Hotel in Chelsea has been sold for $27.5 million, and developers hope to build a new 12-story mixed-use building in its place. The site is a block away from Penn Station with access to subways, the LIRR, and Amtrak. Eastern Star Development purchased the site from Salt Equities.
A new milestone has been reached for New York’s largest new development. The highest public outdoor observation deck in the Western Hemisphere has begun to take shape near the peak of 30 Hudson Yards. Related Companies and Oxford Properties Group have announced that construction has started for the outdoor terrace, which will be just one part of the multi-floor space that includes a 10,000 square foot restaurant, bar, and space for events programmed by the hospitality group rhubarb, who were also responsible for the Sky Garden lounge in London.
The experimental minds of RB Systems have published a new concept for a plot of vacant land at 265 West 45th Street, in Midtown West, and today YIMBY has a first look at their sky-high renderings. As Manhattan begins to embrace taller and slimmer supertall towers that meet the intense demand of the residential market, the proposal explores how office space could take advantage of the same emerging typology.
The blocks of Midtown West feature some of the largest new developments of any neighborhood in the Five Boroughs, with the Moinian Group’s Sky containing the most apartments of any tower in the city, with over 1,100 in all. But just a few blocks to the northeast, the developer is nearing completion on a slightly smaller 164-unit building at 572 Eleventh Avenue, which will officially be named Oskar, and has now launched its teaser website.