Posted Feb 28, 2025, 9:32 PM
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Join Date: Jul 2001
Location: Borough of Jersey
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https://www.bizjournals.com/newyork/news...llington-hotel-demolition-mixed-use.html
Extell to demolish Wellington Hotel for new mixed-use tower in Midtown Manhattan
By Kevin Smith
Feb 28, 2025
Quote:
Gary Barnett's Extell Development Co. is looking to demolish a property that formerly housed Midtown Manhattan's Wellington Hotel in order to make way for a 716-foot-tall hotel and residential development.
Extell filed plans to raze a three-building site at 859 to 867 7th Ave. and 147 W. 55th St. as part of the development of a 457,000-square-foot, 54-story building with both residential and hotel units, according to Department of Buildings records made public last week.
Extell's new mixed-use hotel tower would have 257,000 square feet of residential space and 63,000 square feet of commercial space, records show.
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Quote:
The new tower's first 10 floors would be used for hotel space, storage, ground-level retail, a parking garage, restaurant space and recreation space. Floors 11 through 54 would house apartment units, except for two floors used for storage and mechanical purposes, records show. Recreation space is proposed for the rooftop of the building.
The demolition of the three-building Midtown site will cost at least $7 million, according to the records information made available. Extell is working on the demo with Ancora Engineering and working with architecture firm Beyer Blinder Belle on the new mixed-use building.
Altogether, Extell will demolish more than 300,000 square feet of building space to make way for its new hotel and residential development. A chute will be built to lower demolition debris from the higher levels of the Wellington Hotel's property, which reached nearly 300 feet.
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