Times Square

Margaritaville Resort Wraps Up Construction at 560 Seventh Avenue in Times Square, Manhattan

Construction on the ground-up Margaritaville Resort New York at 560 Seventh Avenue wraps up work in Times Square. Designed by Stonehill Taylor and developed by Sharif El-Gamal of Soho Properties along with MHP Real Estate Services, the topped out 32-story, 375-foot-tall tower looks like it will open in the coming months and yield 234 guest rooms with island-inspired interior designs. The Midtown, Manhattan project is located at the corner of Seventh Avenue and West 40th Street and is expected to cost around $300 million. The McBride Company is handling the interiors.

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Gene Kaufman’s 1,048-Room Hotel at 150 West 48th Street Passes Halfway Mark in Times Square, Manhattan

Construction is continuing to rise on 150 West 48th Street, a 330-foot tall, 38-story Hilton hotel in Times Square. Designed by Gene Kaufman Architect and developed by Sam Chang of McSam Hotel Group, the 320,000-square-foot structure will yield 1,048 hotel rooms, up from the previous reported count of 974, making it the ninth-largest hotel in New York City. McSam Hotel Group purchased the site from Rockefeller Group in early 2019 for $140 million, and received a $250 million construction loan before work broke ground in 2020. Omnibuild is in charge of constructing the hotel.

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TSX Broadway’s New Superstructure Begins Assembly at 1568 Broadway in Times Square, Manhattan

Construction has begun on the new superstructure for 1568 Broadway, a 470-foot-tall hotel in Times Square. Designed by PBDW ArchitectsMancini Duffy, and Perkins Eastman and developed by L&L Holding CompanyMaefield Development, and Fortress Investment Group, the project involved the partial demolition of the former DoubleTree Suites by Hilton to make way for the new 550,000-square-foot tower, which will be dubbed TSX Broadway. The overhaul also includes the raising of Kirchoff & Rose’s 108-year-old Palace Theater by 30 feet to make room for ground-floor retail space. The site is located at the corner of Seventh Avenue and West 47th Street to the east of the red TKTS stairs, and is slated to cost $2.5 billion.

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Margaritaville Resort Nears Completion at 560 Seventh Avenue in Times Square, Manhattan

Façade installation is nearing completion on the Margaritaville Resort New York 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 29-story, 375-foot-tall tower will yield 234 guest rooms with island-inspired interior designs. The project, which is located at the corner of Seventh Avenue and West 40th Street, is expected to cost around $300 million.

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