Stonehill Taylor

Margaritaville Resort Quickly Sprouts Above Street Level, in Times Square

The upcoming 29-story Margaritaville Resort at 560 Seventh Avenue is rising above Times Square and has already reached its main setback. YIMBY last checked in on the project back in early May, when it had just begun to ascend above street level. Sharif El-Gamal of Soho Properties is developing the site along with MHP Real Estate Services, and Stonehill & Taylor Architects is the designer. There will be a three-story restaurant, an outdoor swimming pool with plentiful seating and beach-themed motifs, and a rooftop bar called the LandShark Bar & Grill. The projected price for the resort hotel is expected to be around $300 million.

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145 Bowery in the Lower East Side, Manhattan

Permits Filed for 18-Story Hotel at 145 Bowery on the Lower East Side

Permits have been filed for an 18-story hotel at 145 Bowery on the Lower East Side, Manhattan. Located between Grand Street and Broome Street, the corner lot is one block south of the Bowery subway station, serviced by the J and Z trains. It is also one block north of the Grand Street station, serviced by the B and D trains. The Lightstone Group is listed as the owner behind the applications.

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