Construction is continuing to rise at 50 Trinity Place, a 28-story Hotel Indigo in the Financial District. The 173-room, 77,310-square-foot structure is designed by Peter Poon Architects and developed by FIT Investment Corporation, which purchased the property in 2012 for $15 million. The site is located at the corner of Trinity Place and Rector Street.
Work is moving along on the observatory in One Vanderbilt, a 1,401-foot-tall commercial supertall in Midtown East and number four on our countdown of the tallest buildings under construction in the city. Designed by Kohn Pedersen Fox and developed by SL Green, the 77-story skyscraper occupies a full-block parcel immediately to the west of Grand Central Terminal. Though the $1.4 billion property has been officially open since its ribbon-cutting ceremony in mid September, the indoor-outdoor observatory dubbed The Summit isn’t due to welcome the public until October 2021.
Construction is nearing the halfway mark on 223 West 46th Street, a 34-story Marriott SpringHill hotel in Times Square. Designed by Gene Kaufman Architects and developed by McSam Hotel Group, the project will yield 70,000 square feet and 200 guest rooms. The property is located between Seventh and Eighth Avenues, a short walk from the large stretch of pedestrian plazas and retail stores that line the crossroads of the world.
The affordable housing lottery is open for The Grand Apartments, 94 newly built units across three buildings in the South Bronx‘s Mount Hope and Fordham neighborhoods. All three 12-story properties are developed by Thorobird Companies and designed by GF55 Partners. 220 East 178th Street yields 43,291 square feet with 52 residential units and ground-floor community facility space. 225 East 179th Street comprises 33,602 square feet with 37 residential units, and 2195 Morris Avenue has 52,005 square feet with 49 residential units. Available on NYC Housing Connect are a mix of studios and one-, two-, and three-bedroom units for residents at 30 to 80 percent of the area median income, ranging in eligible income from $0 to $112,800.
Renderings form Issac & Stern Architects reveal a new six-story condominium building at 324 East 93rd Street in Yorkville, Manhattan. The project sits mid-block between First and Second Avenues and is closest to the 96th Street-2nd Avenue subway station, serviced by the N and Q train trains.