Starwood Capital Group

701 Seventh Avenue

The Edition Hotel’s LED Screen Gets Ready to Light Up at 701 Seventh Avenue, Times Square

7:30 am on August 15, 2017 By Nikolai Fedak

The new Marriott Edition Hotel coming to 701 Seventh Avenue, in Times Square, is approaching its opening day, with glass now covering most of the exterior per the latest photos from Tectonic. While the tower portion of the development stands 42 floors and 512 feet to the rooftop, barely cracking into the mid-levels of the Midtown skyscraper plateau, the base of the development will imminently become iconic on a global level, thanks to an 18,000 square-foot LED screen that promises to become the largest and brightest in Times Square.

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275 West 10th Street

13-Story, 42-Unit Condominium Conversion Refinanced At 275 West 10th Street, West Village

3:00 pm on March 15, 2016 By Reid Wilson

Back in June of 2014, Starwood Capital Group and Naftali Group filed applications to convert the 13-story, 145-unit rental building at 275 West 10th Street, in the West Village, into 38 condominium units. Now, the developers have secured a $65.9 million loan for the project, dubbed the Shephard, according to The Real Deal. The property sits within the Greenwich Village Historic District Extension, so any exterior alterations to the structure would have to be approved by the Landmarks Preservation Commission. As filed, the building will see its residential space reduced from 139,547 to 136,948 square feet. The condominium units will average a very spacious 3,604 square feet apiece, some of which include penthouse and duplex units. Amenities include a library, a spa, a recreation room, and a fitness center. Beyer Blinder Belle is the design architect and Gachot Studios is the interior designer. The conversion is expected to be complete in 2017.

60 Furman Street

10-Story Hotel & Condominium Pierhouse Development Wraps Up Construction, Brooklyn Heights

2:00 pm on February 24, 2016 By Reid Wilson

It was in November of 2014 that YIMBY last brought you a construction update on the mixed-use development at 60-130 Furman Street, dubbed Pierhouse at Brooklyn Bridge Park, in northern Brooklyn Heights. At the time, most the the structure was poured and by the spring of 2015, façade installation had started. Later that year, Toll Brothers City Living and Starwood Capital Group were finally able to top out the buildings after a lawsuit against the project was thrown out. The latest photos by Tectonic (h/t Curbed) now show that façade installation has completed and construction is wrapping up. The northernmost building, at 60 Furman Street, is a 10-story, 192-unit hotel dubbed 1 Hotel. South of the hotel is a 10-story condominium building at 90 Furman, and below that is a four-story condominium complex at 130 Furman. There will be a total of 106 condominium units and they will come in a variety of configurations ranging from one- to five-bedrooms. Marvel Architects is behind the design and occupancy can be expected later this year.

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406 Boston Post Road

730-Unit Mixed-Use Mega-Development At 406 Boston Post Road In Approval Stage, Port Chester

3:00 pm on January 29, 2016 By Reid Wilson

Greenwich, Conn.-based Starwood Capital Group’s mixed-use mega-development planned at the former 15-acre United Hospital campus, at 406 Boston Post Road in Port Chester, N.Y., is moving into the approval process, according to Westfair. The project would include the demolition of the existing medical complex, which would be replaced by 730 mixed-income residential units, a 135-key hotel, 217,000 square feet of medical office space, and 90,000 square feet of commercial-retail. It’s expected to complete the National Environmental Policy Act (NEPA) review process, by acquiring a Final Environmental Impact Statement (FEIS), and receive zoning approval sometime later this year. Local community coalition Sustainable Port Chester Alliance has also recently proposed an agreement that would include preserving the 13-story, 134-unit rental building at 999 High Street, which is unfortunately expected to be demolished in the process. Construction is expected to begin in 2018 following the necessary approvals.

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