Hotel

993 Sixth Avenue

Developer Acquires 993 Sixth Avenue, Approvals For 18-Story, 122-Key Hotel, Midtown

Empire Hotel Group has sold the development site at 993 Sixth Avenue, between West 36th and 37th Street, in Midtown, to an anonymous LLC for $54.3 million. Permits have been approved since 2014 for an 18-story, 122-key hotel, which would measure 44,330 square feet. Edgar Rawlings’ Lower Manhattan-based Rawlings Architects is the architect of record. The site’s two-story predecessor was demolished late in 2014 and the property currently sits vacant. [The Real Deal]


84 William Street

Expansion Tops Out At 19-Story, 140-Unit Extended-Stay Hotel At 84 William Street, Financial District

Korman Communities, Shorewood Real Estate Group, and Prodigy Network have recently topped out their 19-story, 140-unit extended-stay hotel building at 84 William Street, in the Financial District, courtesy of a YIMBY reader. The AKA brand will manage the building, and guest suites will range from a few hundred square feet to 1,000 square feet. In addition to the hotel lobby, retail space and a restaurant will be located on the ground floor. Asfour Guzy Architects is designing, and completion can probably be expected in early 2016.



5 Executive Boulevard

Work Begins On Five-Story, 154-Key Marriott Hotel At 5 Executive Boulevard, Yonkers

Kansas-based True North Hotel Group has broken ground on a five-story, 154-key Marriott hotel at 5 Executive Boulevard, in northern Yonkers’ South Westchester Executive Park. The hotel group is partnered with the property’s owner, Robert Martin Company, and the structure will be the developer’s second hotel in the business park. The $24.5 million project is expected to be complete in mid-2016, according to News12 Westchester.

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27-45 Jackson Avenue

22-Story, 176-Key Hotel Rising At 27-45 Jackson Avenue, Long Island City

Back in June, the 22-story, 176-key Aloft Hotel, underway at 27-45 Jackson Avenue, in Long Island City, was up to the fourth floor. Since then, construction has progressed quickly, and the structure now stands 18 stories, per The Court Square Blog. The building will measure 68,160 square feet in total, and will front Hunter Street with an eight-story component. Gene Kaufman is designing, and completion is expected next spring.


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