Retail

123 West 23rd Street

Developer Acquires Site of Planned 35-Story Residential-Hotel Project at 131 West 23rd Street, Chelsea

JHG Holdings has acquired, for $50.4 million, the Parish of St. Vincent de Paul at 123 West 23rd Street and the four-story tenement buildings at 116-120 West 24th Street, in Chelsea. The developer also owns the four-story hotel at 131 West 23rd Street, The Real Deal reported. The assemblage’s footprint measures 17,968 square feet and plans are already on file for a 35-story residential-hotel project.


701 Seventh Avenue

42-Story, 452-Key EDITION Hotel Ascends at 701 Seventh Avenue, Times Square

Vertical construction is moving full steam ahead on the 42-story, 452-key EDITION hotel (by Marriott) under development at 701 Seventh Avenue. That’s on the corner of West 47th Street in the heart of Times Square. The progress can be seen thanks to a photo posted to the YIMBY Forums. The tower, dubbed 20 Times Square, will rise 517 feet above street level and will contain 269,769 square feet of commercial space, according to the latest building permits. Retail space will be located on two cellar levels and the ground through fourth floors. Actual hotel rooms will be located on the 14th through 40th floors.

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323 Tenth Avenue

Façade Installation Wraps Up On 35-Story, 220-Unit Mixed-Use Project At 323 Tenth Avenue, West Chelsea

Construction has topped out and façade installation is nearing completion on the 35-story, 220-unit mixed-use building under development at 323 Tenth Avenue, located between West 28th and 29th streets in West Chelsea. The picture of the structure is courtesy of NY Construction Photo. The latest building permits indicate the tower rises 385 feet to its roof, not including the bulkhead.

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145 Madison Avenue

Foundation Work Underway on 21-Story, 71-Unit Mixed-Use Project at 145 Madison Avenue, Midtown South

Foundation work is now underway on the 21-story, 71-unit mixed-use building under development at 145 Madison Avenue, located between East 31st and 32nd streets in Midtown South. This update comes thanks to a photo posted to the YIMBY Forums. The latest building permits indicate the project will encompass 69,268 square feet and rise 210 feet to its roof, not including the bulkhead.

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