Posted Aug 19, 2025, 5:25 PM
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New Yorker for life
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Join Date: Jul 2001
Location: Borough of Jersey
Posts: 56,730
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https://www.bostonglobe.com/2025/08/18/business/suffolk-construction-new-york-hotels/
By Jon Chesto
August 18, 2025
Quote:
……….One mile to the west, a very different looking hotel will rise over the Theatre District. Suffolk is working with developer Extell there to put up an 825-room “supertall” hotel. What makes the building unique isn’t the height — though it will approach nearly 1,100 feet, or 52 stories. It’s the spiraled X-like shape of the building, inspired to some extent by the torch held by the Statue of Liberty, thus earning the “Torch” nickname. (Plus there will be a “drop ride” stretching along the tower’s spine.)
Fish considers it to be one of Suffolk’s one-of-a-kind structures, like the tower the company built for the Seminole Hard Rock Hotel in Fort Lauderdale that’s shaped like a giant guitar.
Fish expects to generate $2.2 billion in revenue out of Suffolk’s Boston projects this year, out of $8.5 billion in total, and a similar amount next year. But the revenue coming from New York will soon surpass those levels. Fish credits his team there, led by Ralph Esposito, whom Fish recruited from LendLease in 2020, three years after Suffolk entered the city.
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“Office buildings are our factories – whether for tech, creative or traditional industries we must continue to grow our modern factories to create new jobs,” said United States Senator Chuck Schumer.
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