New York

Activity Underway on FXCollaborative’s Covenant House at 460 West 41st Street in Midtown West

Construction activity is underway at 460 West 41st Street, a 164-foot-tall mixed-use building in Midtown West. Designed by FXCollaborative and developed by Covenant House, the 80,290-square-foot edifice will contain 53,053 square feet dedicated to community facility space and 60 units averaging approximately 884 square feet. This is the first supportive housing development by Covenant House in 48 years and includes help from for-profit entities Gotham Organization and Denham Wolf Real Estate Services.

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316 5th Avenue

Work Appears to Stall for Possible KPF-Designed Residential Tower at 316 Fifth Avenue, in Koreatown

Work has yet to begin on 316 Fifth Avenue, a 539-foot-tall skyscraper from Kohn Pedersen Fox in Koreatown. Developed by Cottonwood Management, permits for the 39-story building were filed in July 2017 and called for 27 condominiums and 6,809 square feet of retail space across the first two floors. The Midtown development, totaling 52,340 square feet of newly created space, will be located at the corner of Fifth Avenue and West 32nd Street.

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Margaritaville Resort’s Façade Nears Completion at 560 Seventh Avenue in Times Square

Curtain wall installation is getting closer to completion on the Margaritaville Resort at 560 Seventh Avenue in Times Square. Designed by Stonehill Taylor and developed by Sharif El-Gamal of Soho Properties along with MHP Real Estate Services, the nearly $300 million project stands topped out at 29 stories on the corner of Seventh avenue and West 40th Street. The property will contain a total of 234 hotel rooms.

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