In late 2014, YIMBY brought you conceptual renderings of the possible mixed-use tower that could rise at 1710 Broadway, between West 54th and 55th Street in Midtown, and now Extell Development is teaming up with C&K Properties to build a 60-story condo-hotel tower. Extell paid roughly $247 million for a 39 percent stake in the project, according to The Real Deal. Retail space will likely be included in the planned tower, which could be as large as 370,000 square feet, although additional air rights may be used which would increase the project’s size. A six-story, 83,000 square-foot office building must first be demolished.
The Archdiocese of New York, in consultation with the NYPD’s Counterterrorism Bureau, has determined that there is the need to provide additional security for Cardinal Timothy Dolan. To accomplish that, they want to build a private garage for the archbishop. That means cutting into St. Patrick’s Cathedral and the Landmarks Preservation Commission approved the proposal on Tuesday.
Isaac Chetrit and Ray Yadidi are in contract to acquire 235,000 square feet of air rights from the five-story former bank building at 1352-1362 Broadway, between West 36th and 37th Streets in Midtown. The price the investors are paying has not yet been disclosed. On the same block, they own the vacant lot – acquired this past fall – at 993 Sixth Avenue and the adjacent 21-story, 96,000 square-foot office building at 989-991 Sixth Avenue. Their assemblage amounts to a site with roughly 375,000 square feet of development rights, according to The Real Deal.
Earlier this year, YIMBY reported on applications for a 29-story commercial building at 560 Seventh Avenue, between West 40th and 41st Streets near Times Square, and over the summer, the developer finished assembling the air rights. The Real Deal has the first glimpse of the planned Dream Hotel, which will include 167 units, per the latest filings. Retail space will total 15,463 square feet in the 118,508 square-foot building. Stonehill & Taylor Architects is designing and UAP North America is crafting a metal screen attachment for part of the three-story podium. Soho Properties, MHP Real Estate Services, and Hampshire Hotels Group are developing, and completion is expected in early 2018.
Back in January of 2014, YIMBY brought you a construction update on the 20-story, 75,000 square-foot office building planned at 34 East 51st Street, in Midtown, and later that month, we brought you a rendering. Today, the building is structurally complete and preparing for a January 2016 opening date, according to Crain’s. The boutique office property’s floors range from 2,700 to 5,000 square feet, and it also has club-like amenities, with the overall setup geared towards smaller office tenants. Istanbul-based developer Sedesco is behind the Skidmore, Owings & Merrill-designed project.