1568 Broadway, Rendering courtesy of ARX Solutions

1568 Broadway Begins Billboard Removal Ahead of Structural Demolition, in Times Square

Black shrouds and scaffolding have gone up over 1568 Broadway’s lower floors as crews begin the process of removing its Times Square-facing billboards and marquees. Meanwhile, workers are beginning to gut the interiors of the 470-foot-tall tower ahead of its imminent demolition. Built in 1990, the current DoubleTree hotel will eventually make way for a new 46-story DoubleTree Suites by Hilton. The proposed 550,000-square-foot development, which will be called TSX Broadway, will preserve of the 106-year-old Palace Theatre by raising it three stories up from the ground floor, making way for retail space. The $2.5 billion project is being developed by L&L Holding CompanyMaefield Development, and Fortress Investment Group. The site was previously purchased for $450 million.

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Harbor Station North - Rendering (KRE Group)

KRE Group Lands $45 Million Financing for Harbor Station North in Bayonne, New Jersey

Developer Kushner Real Estate Group has successfully secured $45 million in construction financing for a new residential community in Bayonne, New Jersey. The project, which broke ground in 2018, is known as Harbor Station North and will comprise three distinct buildings. Components within include 200 rental apartments, 10,000 square feet of retail, and associated parking.

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Rendering Revealed for Robert A.M. Stern-Designed 1230 Madison Avenue, in Carnegie Hill

A new rendering has been revealed for 1230 Madison Avenue, an upcoming 20-story building on the Upper East Side. Located on Carnegie Hill by the the southwestern corner of Madison Avenue and East 89th Street, the site is on the same block as the Solomon R. Guggenheim Museum and just six blocks away from the Metropolitan Museum of Art. The architectural language and style easily identifies it as the work of Robert A.M. Stern Architects.

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