Construction is approaching topping out on 1162 Broadway, a 13-story commercial building in NoMad. Designed by Morris Adjmi Architects and developed by 1162 Broadway LLC, the 185-foot-tall structure will yield Class A office space within the Madison Square North Historic District. Plans for the project were initially approved by the Landmarks Preservation Commission (LPC) in late spring of 2020. Permits filed in December 2013 originally called for a hotel under the ownership of Aini Assets rising 14 stories with 52 guest rooms, a ground-floor cafe, and a restaurant. On Star Management LLC is the general contractor for the address, which is located between West 27th and West 28th Streets.
Sales have officially launched for The Anable, a new condominium property from BK Developers in Long Island City. The property is located at 10-64 Jackson Avenue and comprises 22 units and lifestyle amenity spaces.
Permits have been filed for an 18-story mixed-use building at 60 Cedar Street in Bushwick, Brooklyn. Located between Myrtle and Evergreen Avenues, the lot is one block from the Central Avenue subway station, serviced by the M train. Louis Handler of BTE is listed as the owner behind the applications.
Construction is wrapping up on 150 West 48th Street, a 38-story triple-brand Hilton hotel tower in Times Square. Designed by Gene Kaufman Architect and developed by Sam Chang of McSam Hotel Group, the 418-foot-tall, 320,000-square-foot structure will yield 1,046 hotel rooms across a Hampton Inn, a Home 2 Suites, and a Motto Hotel, Hilton’s newest brand of micro-hotels. McSam Hotel Group purchased the Midtown, Manhattan site from Rockefeller Group in early 2019 at a cost of $140 million and received a $250 million loan before construction broke ground in 2020. Omnibuild is in charge of erecting the tower, which is located by the corner of West 48th Street and Seventh Avenue.
Lionsgate Studios has officially opened a 500,000-square-foot film and television production studio in downtown Yonkers. The property is located on the shores of the Hudson River and is the latest component of an expanding production campus that will soon be the largest of its kind in the Northeast region.