Times Square is now home to the newest edition of Margaritaville’s international lodging portfolio. The latest property, Margaritaville Resort Times Square, is located at 560 Seventh Avenue in Manhattan and officially opened its doors this summer.
Construction is topped out on 50 Trinity Place, a 28-story Aloft Hotel in the Financial District. Designed by Peter Poon Architects and developed by FIT Investment Corporation, which purchased the property for $15 million in 2012, the 77,310-square-foot tower will yield 173 hotel rooms at the corner of Trinity Place and Rector Street, diagonally across from Trinity Church.
Exterior work is nearing completion on 23-20 Jackson Avenue, a nine-story mixed-use building in Long Island City, Queens. Designed by KSQ Architects and developed by The Vorea Group, the project will yield 85,851 square feet with retail space, offices, and a 72-room hotel operated by San Francisco-based hotelier Sonder Corp. The property is located at the intersection of Jackson Avenue and Pearson Street.
Preparations are underway for next month’s grand opening of Casa Cipriani, a private club and hotel at the historic Battery Maritime Building at 10 South Street in the Financial District. Construction recently completed on a 21st century steel and glass addition designed by Marvel with interiors by Thierry Despont atop the 112-year old Beaux Arts-style ferry terminal, which was originally designed by Walker & Morris and prominently stands along the waterfront. Measuring 263 feet wide and standing two stories tall, the 192,000-square-foot complex yields 47 hotel suites with private balconies overlooking the Brooklyn Bridge, the Statue of Liberty, Governors Island, and the inbound and outbound Staten Island Ferries across the New York Harbor. MJM Associates is the general contractor, Silman is the structural engineer, Langan is the civil engineer, Madson Black did the lighting, and Cipriani, Midtown Equities and Centaur Properties are the clients.
Construction is rising on the 18-story Moxy Hotel at 145 Bowery on Manhattan’s Lower East Side. Designed by Stonehill & Taylor Architects and developed by Lightstone Group, the 193-foot-tall structure will yield 127,000 square feet and 303 rooms, averaging 200 square feet apiece. The property, which is located at the corner of Broome Street and Bowery, will also feature a restaurant, a lobby bar, a cocktail bar, and a lounge.
