Back in 2013, Chetrit Group acquired the 37-story, 855,000 square-foot office building at 550 Madison Avenue, between East 55th and 56th Streets in Midtown, for $1.1 billion. Now the developer has released a partial rendering and details of the planned conversion of the building known as Sony Tower and previously the AT&T Building, per Curbed. Floors 21 through 43 will be converted into 113 condominiums and the lower portion of the building will contain a 170-key hotel, featuring 60 suites and a slew of amenities. Robert A.M. Stern Architects is designing, and completion is expected in early 2018. The Philip Johnson-designed tower originally opened in 1984.
Last week, YIMBY brought you news that an entire Broadway theater – the Palace – will be raised up 29 feet. Well, it’s not the only theater that’s getting some work done. Two days before Thanksgiving, the Landmarks Preservation Commission also approved a renovation of the Helen Hayes Theater, located at 240 West 44th Street, between Seventh and Eighth Avenues, and an expansion of its annex. While the changes aren’t as dramatic as moving an entire theater, they will be somewhat more apparent to those walking by.
10 Hudson Yards won’t end up being the tallest tower at the far West Side development, but it will be the first to open. An event was held to celebrate its topping out back in October, but that was a ceremonial concrete pour. Now, the 895-foot-tall office tower has actually reached its parapet. Thanks to YIMBY readers, we have a time-lapse to show you.
Back in September, the latest renderings were revealed of HFZ Capital Group’s 33-story mixed-use hotel and residential building planned at 12-20 West 40th Street, along Bryant Park in Midtown, and now Tectonic has the latest photos of its construction. The structure is currently six stories above street level and features a slight setback past the fifth floor. The first five floors are flush with the existing street wall. Upon completion in early 2017, The Bryant (not to be confused with the Bryant Park Hotel) will have 230 hotel rooms and 57 condos, as well as retail space and a restaurant on the ground floor. David Chipperfield is the design architect.
In the middle of 2014, Macklowe Properties closed on an assemblage on the corner of 59th Street and Third Avenue for $100 million, acquiring it from SL Green. Now, with the former structures demolished, YIMBY can reveal the first renderings of the site’s future occupant, designed by CetraRuddy, which will stand 35 stories and 490 feet tall.