Back in October of 2012, YIMBY broke news of plans for a significant hotel and retail tower at 701 Seventh Avenue, in Times Square, and now that excavation is nearly complete, foundation work is imminent on the 39-story, 452-key Marriott Edition, according to the New York Post. Dubbed 20 Times Square, the building will measure just under 270,000 square feet and will include 76,000 square feet of retail space. The retail base will also feature an 18,000 square-foot LED sign. Steven Witkoff, Ian Schrager, Winthrop Realty Trust, and Maefield Development are the developers, while PBDW Architects is designing. Completion is expected in 2017.
Earlier this month, Fisher Brothers, Witkoff and New Valley secured financing for their 58-story, 157-unit condominium project at 111 Murray Street, in southern Tribeca, and now the team has broken ground on the building. The Kohn Pedersen Fox-designed tower is already over 40% sold, with interiors designed by MR Architecture + Décor. Completion is expected in early 2018.
The planned 28-story, 370-key hotel & 11-unit condo tower at 215 Chrystie Street has risen quickly this summer, and now stands five stories tall, per the latest photo from Tectonic. Located on the Lower East Side, Herzog & de Meuron designed the building, which is being developed by Ian Schrager and Witkoff. Curbed also reported on the project’s progress yesterday, and completion is currently expected in 2016.
Fisher Brothers, Witkoff, and New Valley have closed on a $445 million construction loan for their planned 58-story, 157-condo-unit luxury tower at 111 Murray Street, in Tribeca. YIMBY brought you new renderings of the Kohn Pedersen Fox-designed building last month, and David Mann is designing the interiors; retail space will also measure 2,100 square feet on the ground floor.