Midtown

993 Sixth Avenue

Developer Acquires 993 Sixth Avenue, Approvals For 18-Story, 122-Key Hotel, Midtown

Empire Hotel Group has sold the development site at 993 Sixth Avenue, between West 36th and 37th Street, in Midtown, to an anonymous LLC for $54.3 million. Permits have been approved since 2014 for an 18-story, 122-key hotel, which would measure 44,330 square feet. Edgar Rawlings’ Lower Manhattan-based Rawlings Architects is the architect of record. The site’s two-story predecessor was demolished late in 2014 and the property currently sits vacant. [The Real Deal]


5 East 59th Street

Nine-Story Building At 5 East 59th Street Getting Office & Retail Conversion, Midtown

GreenOak Real Estate and Capstone Equities are transforming the nine-story, 40,000 square-foot former Playboy Club building at 5 East 59th Street, right around the corner from Central Park, into an eight-story structure fitted for a single commercial tenant, according to Commercial Observer. The building will feature retail and showroom space on the lower levels, and office space on the upper floors. The property was purchased for $85 million over the summer, and Newmark Grub Knight Frank are marketing the building’s lease.



One Vanderbilt

New Renderings Show Fresh Views of One Vanderbilt

SL Green’s planned tower next to Grand Central is making significant headway, and demolition for the site’s former buildings is already ongoing. And while we had previously revealed several prospective views of the 1,500-foot supertall, which was approved by the City Council this past May, a tipster has sent along a few more renderings, giving a more comprehensive overview of the tower within the context of its Midtown surrounds.

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1150 Avenue of the Americas

Planned 38-Story, 310-Key Hotel Filed At 1150 Sixth Avenue In Midtown

In August of 2014, YIMBY revealed renderings of Fortuna Realty’s planned luxury hotel building at 1150 Sixth Avenue, in Midtown between West 44th and 45th Streets, and now the developer has filed applications for the project. The 38-story, 310-key hotel will stand 415 feet tall and measure 138,458 square feet. Hotel rooms will average 447 square feet and begin on the fourth floor. The lobby, a lounge, spa, restaurant, ballroom, and meeting spaces will all be located on the lower levels. Ismael Leyva is the architect of record, and permits were filed last May to demolish an eight-story building.


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