Construction has begun on the new superstructure for 1568 Broadway, a 470-foot-tall hotel in Times Square. Designed by PBDW Architects, Mancini Duffy, and Perkins Eastman and developed by L&L Holding Company, Maefield Development, and Fortress Investment Group, the project involved the partial demolition of the former DoubleTree Suites by Hilton to make way for the new 550,000-square-foot tower, which will be dubbed TSX Broadway. The overhaul also includes the raising of Kirchoff & Rose’s 108-year-old Palace Theater by 30 feet to make room for ground-floor retail space. The site is located at the corner of Seventh Avenue and West 47th Street to the east of the red TKTS stairs, and is slated to cost $2.5 billion.
YIMBY spotted a new batch of renderings and diagrams that depict Skidmore Owings & Merrill‘s upcoming ground-up mixed-use supertall at 175 Park Avenue, aka Project Commodore. The 83-story Midtown East, Manhattan behemoth is slated to rise on the site of the Grand Hyatt between the 108-year old Beaux Arts style Grand Central Terminal and the 91-year-old Art Deco style Chrysler Building at the corner of East 42nd Street and Lexington Avenue. RXR Realty and TF Cornerstone are developing the massive structure, which also appears to have gotten a height reduction to 1,486 feet tall, as opposed to the 1,646-foot tall architectural height previously intended. Inside will be 500 Hyatt hotel rooms on the upper floors spanning 453,000 square feet; 10,000 square feet of retail space on the ground, cellar, and second levels; new elevated, publicly accessible plaza space overlooking the surrounding Midtown neighborhood; and 2.1 million square feet of Class A office space.
Fleet Financial Group is developing a state-of-the-art healthcare facility called Eastern Mirage Medical Center at 42-31 Union Street in Flushing, Queens. The 104,000-square-foot medical center will be located within the tallest building in Flushing, an 18-story mixed-use structure that will also house the Eastern Mirage hotel.
A large trapezoidal lot at 48-18 Van Dam Street in Long Island City may soon serve as the new headquarters for International Brotherhood of Teamsters, Local 813, a union that represents a variety of laborers in the New York City Metropolitan Area. Before the project can begin, the Department of City Planning will need to approve zoning text amendments to permit the construction of a mixed-use commercial building that is above the currently allowable height and density.
The affordable housing lottery has launched for 188 Humboldt Street, a seven-story residential building in Williamsburg, Brooklyn. The 58,754-square-foot development was designed by Charles Mallea and yields 55 units. Available on NYC Housing Connect are four units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $74,606 to $167,570.