In an exciting new partnership, The Armani Group and SL Green will fully redevelop 760 Madison Avenue to include a collection of luxury residences and a new flagship Giorgio Armani boutique.
Work is now progressing quickly for Times Square’s impending Hard Rock Hotel, situated between Sixth and Seventh Avenue at 159 West 48th Street. The 445-key inn is being designed by Berg + Moss Architects. The 225,000 square foot project is being developed by Extell, in partnership with Hard Rock International. The site was purchased by Extell eight years ago for $26 million, along with the necessary air rights that will allow the structure to rise 442 feet tall. The previously existing parking garage has since been demolished, and now work on the foundation is underway.
Located between Sixth and Seventh Avenue in Times Square, 145 West 47th Street will soon yield a new 343-key hotel. Designed by Berg + Moss Architects, the hospitality project is well under way, and the first floor is now being formed and assembled. The building will stand 27 stories high when complete, and have a total square footage of around 141,500 square feet. The property was sold by Stahl Real Estate almost three years ago for $101.2 million dollars, and TriBeach Holdings is the new developer.
Permits have been filed for a seven-story apartment building at 935 East 179th Street in West Farms, The Bronx. Located between Vyse Avenue and Daly Avenue, the vacant lot is five blocks northwest of the West Farms Square – East Tremont Avenue subway station, serviced by the 2 and 5 trains. Boutique real estate group Leviathan Capital is listed as the owner behind the applications.
Rising on the former site of Cunard’s Pier 54, Thomas Heatherwick’s park over the Hudson River is now blooming quickly. Pier 55 continues to be assembled piece by piece on the Chelsea waterfront. Large, preformed concrete blocks are being placed into position with the help of barges and the use of a construction crane. The 2.7 acre grounds will sit atop 425 piles that hold the project over the water, giving the structure its unique shape and figure. Hudson River Park Trust (HRPT) will manage Pier 55, and Mathews Nielsen Landscape Architects, P.C. is designing landscaping. Today, YIMBY has a look at new photos of the model for the site, which offer a much better illustration of the park’s impending appearance.