SHVO's supertall bid for the site in 2014. Looks like it was over 1,400 feet. Though ARTIC won the bid, this shows the site's potential.
More videos and images here:
https://www.instagram.com/p/BxLtX3vndH3/
http://www.studiodror.com/for/790-seventh-avenue/
https://vimeo.com/218544177
Latest news from last year...
Qatari firm lands $290M loan for Times Square hotel
Mack Real Estate is the lender
https://therealdeal.com/2018/07/20/q...-square-hotel/
Quote:
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The firm, Al Rayyan Tourism Investment Company (ARTIC), is a subsidiary of Al Faisal Holdings, which is operated by the ruling Al Thani family. The company acquired a 97 percent stake in the building for $535 million in 2015. At the time of the purchase, the company was rumored to be eyeing a full demolition of the building to erect a 900,000-square-foot tower. The property continues to operate as a hotel.
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