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145 West 47th Street Gets Off The Ground, Set to Become Another Times Square Hotel

Located between Sixth and Seventh Avenue in Times Square, 145 West 47th Street will soon yield a new 343-key hotel. Designed by Berg + Moss Architects, the hospitality project is well under way, and the first floor is now being formed and assembled. The building will stand 27 stories high when complete, and have a total square footage of around 141,500 square feet. The property was sold by Stahl Real Estate almost three years ago for $101.2 million dollars, and TriBeach Holdings is the new developer.

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Model Photos Revealed as Thomas Heatherwick’s Pier 55 Begins to Bloom Atop the Hudson River, in Chelsea

Rising on the former site of Cunard’s Pier 54, Thomas Heatherwick’s park over the Hudson River is now blooming quickly. Pier 55 continues to be assembled piece by piece on the Chelsea waterfront. Large, preformed concrete blocks are being placed into position with the help of barges and the use of a construction crane. The 2.7 acre grounds will sit atop 425 piles that hold the project over the water, giving the structure its unique shape and figure. Hudson River Park Trust (HRPT) will manage Pier 55, and Mathews Nielsen Landscape Architects, P.C. is designing landscaping. Today, YIMBY has a look at new photos of the model for the site, which offer a much better illustration of the park’s impending appearance.

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$238 Million Sale of 220 Central Park South’s Penthouse Shatters National Record

A record-shattering $238 million purchase of a Manhattan penthouse at 220 Central Park South came at the hands of billionaire and Citadel hedge fund founder Ken Griffin. The sale of the 24,000 square foot apartment makes it the highest-priced home ever sold in the United States. The four-story residence is part of a 66-floor near-supertall development by Vornado Realty Trust, and has 16 bedrooms, 17 bathrooms, five balconies, and a terrace facing Central Park.

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