Construction on the Hard Rock Hotel has made a good amount of progress since YIMBY’s last update in January. Located at 159 West 48th Street in Times Square between Sixth Avenue and Seventh Avenue, the 225,000-square-foot, 442-foot high, 445-room hotel is designed by Berg + Moss Architects and is being developed by Extell and Hard Rock International.
Marx Realty has announced an extensive renovation project at 545 Madison Avenue to modernize the Midtown office building. The scope of work includes an overhaul of the lobby, creation of pre-built tenant suites on the third and 14th floors, and the construction of 5,000 square feet of new amenity spaces. According to representatives from the company, total construction costs for the project hover around $24 million and represent the growing demand for offices with hospitality-oriented amenities.
The New York korea Center has finally begun to rise at 122-126 East 32nd Street in Murray Hill. The Midtown site, which is located between Lexington Avenue and Park Avenue South, had sat dormant since excavation was completed following the official groundbreaking ceremony in June 2018. The project is designed by Samoo Architects and Engineers (SAMOO) and developed by Level Group. The Consulate General of the Republic of Korea, NY, purchased the property for $15.8 million in March 2008, including the use of nearly 4,500 square feet of air rights.
Proposals to construct a new observation deck on the upper floors of the Chrysler Building have arrived for review by the Landmarks Preservation Commission. As promised by Aby Rosen, co-founder of RFR Holding and part-owner of the Midtown East icon, these plans comprise just one phase of his vision to invigorate interior spaces of the landmark at 405 Lexington Avenue with new restaurants, a food hall, and retail spaces.
Permits have been filed for a 24-story mixed-use building at 10 West 55th Street in Midtown, Manhattan. Located between 5th and 6th Avenues, the through lot is close to the 5th Avenue-53 Street subway station, serviced by the E and M trains, and 57th Street station, serviced by the F train. Leonard Wilf of Garden Homes under the 18 West 55th Street, LLC is listed as the owner behind the applications. The family behind Garden Homes and Skyline Developers purchased the abutting 9 West 54th Street and 10 West 55th Street lots, a combined 22,500 square feet, for $75 million last year.
