Exterior work is moving along on Rose Hill, a 639-foot-tall residential skyscraper at 30 East 29th Street in NoMad. Designed by CetraRuddy Architecture and developed by Rockefeller Group, the 45-story tower will contain 123 condominiums marketed by CORE Real Estate.
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.
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.
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