Hotel

The XI Prepares to Resume Construction at 76 Eleventh Avenue in Chelsea, Manhattan

Construction is set to resume on The XI, with a revised completion date of “Winter 2024” posted for the stalled two-tower mixed-use project at 76 Eleventh Avenue in Chelsea. Designed by Bjarke Ingels Group and developed by 76 Eleventh Avenue Property Owner LLC, the twisting 26- and 36-story structures have stood topped out and unfinished since late 2019, when reports of trouble began to surface about the former developer, HFZ Capital Group. In late 2021, Steve Witkoff purchased the property in a foreclosure sale for $900 million and partnered with Access Industries and Monroe Capital, and it now appears that the project is back on track, with an updated board at the property listing Suffolk Construction Corporation as the new general contractor, replacing Omnibuild. The full-block site is located adjacent to the High Line and is bound by Tenth Avenue to the east, West Street to the west, West 17th Street to the south, and West 18th Street to the north.

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H Hotel W39 Nears Halfway Mark at 58 West 39th Street in Midtown, Manhattan

Construction is nearing the halfway mark on H Hotel W39, a 28-story hotel tower at 58 West 39th Street in Midtown. Designed by Peter F. Poon Architects and developed by Wei Hong Hu of H Hotel LLC, the 447-foot-tall structure will yield 65 rooms spread over 41,500 square feet along with meeting rooms and a fitness center. City Cross Construction Corp. is the general contractor for the property, which is located on a narrow plot between Fifth and Sixth Avenues, just one block below Bryant Park.


Le Meridien Hotel Completes Construction at 292 Fifth Avenue in NoMad, Manhattan

Construction is complete on Le Meridien Hotel, a 21-story mixed-use tower at 292 Fifth Avenue in NoMad. Designed by Gene Kaufman Architect and developed by the McSam Hotel Group, which purchased the property for $42.4 million in March 2017, the structure yields 187 hotel rooms and an unspecified number of residential units on the upper levels. The development is located between West 30th and West 31st Streets.

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Ritz-Carlton Hotel and Residences Completes Construction at 1185 Broadway in NoMad, Manhattan

Exterior work is complete on the Ritz-Carlton Hotel and Residences, a 45-story skyscraper at 1185 Broadway in NoMad. Designed by Rafael Vinoly and developed by MarriottRitz Carlton Hotels, and Flag Luxury Properties, the 580-foot-tall reinforced concrete tower will yield 250 guest rooms spread across 150,000 square feet and 16 one- and two-bedroom penthouse residences on the upper levels. Lendlease is the general contractor for the project, which is located at the corner of Broadway and West 28th Street. The Erin Boisson Aries team at Christie’s International Real Estate is handling the sales of the penthouses.


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