External work on 120 Water Street is moving along. The topped-out, 28-story project is designed by Gene Kaufman Architects and is being developed by Atlas Hospitality as a Hotel Indigo in the Financial District. The planned 52,000-square-foot superstructure will contain 128 rooms managed by Fortuna Realty Group.
New renderings have been unveiled for The West, a new residential development at 547 West 47th Street in Hell’s Kitchen. Designed by Concrete and developed by CB Developers, SK Development and Ironstate Development, the block-long development will rise 12 stories and yield 219 units, ranging from studios to three-bedrooms, all above a 40,000-square-foot ground-floor car dealership. The Marketing Directors is exclusively handling sales and marketing.
Nightingale Properties and Wafra Capital Partners recently launched a campaign to draw in $860 million in construction financing to redevelop an existing office building in Manhattan’s Financial District. Located at 111 Wall Street, it is estimated that redevelopment costs will max out at $1 billion.
The Empire State Building has been undergoing a restoration project since June 2019 to return the iconic landmark to its original silhouette. Now in its final stages, photos reveal the restoration of the 1930s Art Deco luster on the Midtown edifice. Empire State Realty Trust, along with project managers JLL, master riggers from ColeNYC, and CANY Architecture and Engineering have joined forces to return the structure to its original architectural design.
Demolition work is ramping up at 1 Park Row in the Financial District, where a mixed-use building is planned to rise. Little information has been disclosed on the scope of the new project, which is designed by Fogarty Finger Architects and developed by Guardian Realty Management, since plans and renderings were released in December 2017. According to the depiction, the development could stand at least nine stories high.
