Developers recently revealed the first renderings and construction plans for a new full-service hotel in the Belmont section of The Bronx, also referred to as Little Italy. Located on East 188th Street between Arthur Avenue and Hughes Avenue, the project could also contain a collection of income-restricted apartments and a large parking garage.
Construction is rising at 150 West 48th Street. a 974-room hotel in Times Square. The 300,216-square-foot structure is designed by Gene Kaufman Architect for Sam Chang of McSam Hotel Group, which purchased the property from Rockefeller Group in early 2019 for $140 million, and received a $250 million construction loan before breaking ground last year. The site is located between Sixth Avenue and Seventh Avenue and is part of the growing collection of new hotels rising around the famous crossroads.
In 2020, the Municipal Housing Authority for the City of Yonkers (MHACY) was responsible for the renovation of 1,336 affordable housing units as well as the new construction of 425 units to be completed this year.
Corcoran has released a new rendering detailing a possible renovation for a nine-story residential building at 19 West 55th Street in Midtown East, Manhattan. Located between Fifth and Sixth Avenues, the property’s $58.5 million price tag includes complete plans to transform the façade and interior organization for a multitude of use types.
Renovation work has begun at 27 Park Place, a five-story commercial building in Tribeca that has sat vacant for more than three years after suffering extensive damage from a six-alarm fire on September 1, 2017. Empire State Development, LLC is the general contractor for the project, which is located between Church Street and Murray Street.
