The Margaritaville Resort at 560 Seventh Avenue in Times Square has climbed to the pinnacle. Work on the curtain wall has also moved along quickly and is nearing the upper floors of the reinforced concrete superstructure. Designed by Stonehill & Taylor Architects and developed by Sharif El-Gamal of Soho Properties along with MHP Real Estate Services, the nearly $300 million project will help fulfill the booming demand for hotel space as tourism to New York City and areas like Times Square continues to rise. The 29-story tower is located at the corner of Seventh avenue and West 40th Street and will contain 234 rooms.
Window installation is underway at 232 East 54th Street, a topped-out residential building in Midtown East. Designed by Ismael Leyva Architects, the extruded square-shaped, reinforced concrete structure rises 420 feet tall and features a simple grid of windows on all four sides. Elk Investors was listed as the exclusive developer of the building, though ownership may have fully transferred to Mossanen Group and an LLC known as East 54th St. Properties, as per YIMBY’s previous updates on the construction site.
The Taystee Lab Building at 450 West 126th Street recently topped out in West Harlem. The 11-story structure comprises 350,000 square feet and will eventually contain a mix of Class A office space and state-of-the-art lab facilities. The Janus Property Group is responsible for development of the building, while LendLease served as construction manager.
Permits have been filed for an nine-story residential building at 1211 Fulton Street in Bed-Stuy, Brooklyn. Located between Bedford Avenue and Arlington Place, the interior lot is two blocks west of the Nostrand Avenue subway station, serviced by the A and C trains. Also close by is the Franklin Avenue station, serviced by the C and S trains. Vision Development is listed as the owner behind the applications.
The Hard Rock Hotel is now above street level at 159 West 48th Street in Times Square. The 225,000-square-foot, 445-room hotel is designed by Berg + Moss Architects and is being developed by Extell and Hard Rock International.