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  #81  
Old Posted Mar 27, 2020, 3:51 PM
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Can we move this to u/c section?
     
     
  #82  
Old Posted May 1, 2020, 6:14 PM
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  #83  
Old Posted Aug 19, 2020, 10:21 PM
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TSX Broadway Demolition Passes Halfway Mark In Times Square



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Demolition is moving along steadily at 1568 Broadway in Times Square, where the 46-story tower has been reduced to around half its former size. The 30-year-old, 470-foot-tall steel superstructure formerly housed the DoubleTree Suites by Hilton and will be replaced by a new hotel dubbed TSX Broadway. Designed by PBDW Architects, Mancini Duffy, and Perkins Eastman, and developed by L&L Holding Company, Maefield Development, and Fortress Investment Group, the new structure will rise 46 stories and span 550,000 square feet.

Recent photos show the state of progress at the site, which is located at the corner of Seventh Avenue and West 47th Street. Demolition has reached the 23rd floor, and its parapet is now below the roof of the Edition hotel across West 47th Street. The cores are being used as debris chutes to safely discard scrap. There are portions of the lower floors that have been partially exposed, revealing large steel trusses, columns, and tall ceiling heights that were once hidden behind LED screens and flashing marquees. New structural trusses are being installed right now and are currently on the fourth floor. We should expect to see a majority of the dismantling substantially complete by the end of the year.

The new TSX Broadway is estimated to cost $2.5 billion. Inside will be 75,000 square feet of retail space spanning the first ten stories, a 4,000-square-foot performance venue with Times Square’s only permanent outdoor stage cantilevering above Seventh Avenue, 30,000 square feet of dining space, and a 669-key hotel above. The podium is set to be wrapped with 51,000 square feet of LED signage with a wraparound corner on the northern edge.

Meanwhile, excavation and foundation work is underway in the cellar levels of both the hotel and Palace Theater as crews prepare to lift the venue from its original footings and raise it 30 feet to make room for ground-floor retail. The 107-year-old landmark, originally designed by Kirchoff & Rose, is part of the remaining 25 percent of the structure that will be preserved.

The commercial spaces will be available and ready for tenants by 2021, while total completion and opening is expected in 2022.
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  #84  
Old Posted Sep 27, 2020, 6:16 PM
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1568 Broadway New Construction of TSX Hotel

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  #85  
Old Posted Jan 12, 2021, 2:22 AM
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  #86  
Old Posted Feb 2, 2021, 2:07 PM
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  #87  
Old Posted Mar 22, 2021, 10:47 PM
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3/22 via Earth cam.

     
     
  #88  
Old Posted Apr 12, 2021, 10:43 PM
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  #89  
Old Posted Apr 12, 2021, 11:47 PM
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This has got to be one of the best projects in NY just out its' sheer audacity.
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  #90  
Old Posted Apr 20, 2021, 4:54 PM
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https://www.newyorkspaces.com/rumors...-in-manhattan/

Rumors of a New Casino District in Manhattan


Shelly Schiff

Quote:
In February, news surfaced that Andrew M. Cuomo, New York’s Governor, is looking for ways to fill a $15 billion budget shortfall. There is no doubt in anyone’s mind that the Big Apple is not the city it was a year ago. Pandemic-induced lockdowns have emptied office buildings, shut down restaurants, and darkened Broadway. The city that never sleeps is now looking drowsier than ever.

Given that laxer gambling legislation is one of the simplest ways to generate tax revenues, rumors quickly began flying that the New York market may soon accept a new gambling operator. Casinos are well-established moneymakers, but this past year was the industry’s worst one in decades. However, experts predict that the sector should get back on track to pre-pandemic revenue levels by 2023. Thus, gambling operators are more than interested in jockeying for a position to attain approval to run a gaming venue in the New York City area.

It is a public secret that the Las Vegas Sands, Bally’s Corporation, and Wynn Resorts are the three contenders fighting over one of the three available 2021 licenses. Two are more-or-less reserved for the MGM Resorts-owned Empire City Casino in Yonkers and the Resorts World Aqueduct racino in Queens. Both of which have already gotten the go-ahead to run slot machines. So, that leaves one license for these gambling juggernauts to compete over regarding who brings table action to NYC or the neighboring Nassau County.
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Times Square

New York’s Time Square is likely the world’s most famous intersection, stretching from West 42nd to West 47th Street. It sometimes gets referred to as the Center of the Universe. According to estimates, around 330,000 people pass through it each day. On super-busy ones, this number goes above 450,000. Thus, it is no surprise that gambling companies would be drooling over the thought of having a piece of Time Square real-estate for a gaming property bearing their name.

Currently, privately-owned developer L&L Holding is heavily pushing for a potential Manhattan casino to find its way inside their development project on 1568 Broadway named TSX Broadway. It is a 46-story, 470-foot-tall multi-purpose tower with a price tag of $2.5 billion and a 2024 completion date. L&L Holdings has partnered with Maefield Development and the Fortress Investment Group on this venture, which also entailed the partial demolition of the former DoubleTree Hilton in Times Square. Projection state that the tower should yield 550,000 square feet, which will feature Times Square’s only permanent outdoor stage.

Industry insiders state that L&L Holdings started its exploration of a casino endeavor last year and has since spoken with several operators, including the Las Vegas Sands. The Sands have also bandied about the possibility of opening a property close by the Resorts World casino.

Another speculation is that Vegas companies are exploring the possibility of converting pre-existing conference/convention centers into gaming floors, like that of the New York Hilton Midtown, which rivals most Las Vegas casino floors in size. It is a legendary 47-floor building near Times Square north of Rockefeller Center at 53rd Street and Sixth Avenue.
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Herald Square

Herald Square is likely the second-most-popular intersection in Manhattan. It forms on the spot where Sixth Avenue, Broadway, and 34th Street cross and gets its name from the now-defunct newspaper, the New York Herald, which had its headquarters nearby. The area has a storied past in retailing and remains a must-see destination for foreign and domestic tourists. Its pavements are home to brand stores like Victoria’s Secret, H&M, Macy’s, Old Navy, Foot Locker, Target, and many more. Estimates claim that Herald Square draws about two million visitors each year, and it greatly benefits from its proximity to Madison Square Garden and Penn Station.

Per multiple reports, Maryland real-estate investment trust Vornado Realty has its sights on this area. The New York Times claims that JEMB Realty Corporation is also looking to use its Herald Towers as the site for a New York City gambling venue. JEMB Realty Corporation’s chairman Morris Baily already owns Atlantic City’s Resorts Casino Hotel. He is now looking to take advantage of this newly acquired situation to fit a casino inside the former McAlpin Hotel (now Herald Towers). The McAlpin Hotel opened its doors in 1912 and is a 25-story brown brick building designed with beaux-arts elements at its top and base. At the time of its launch, it was the largest hotel in existence. Today, it is an apartment building.
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  #91  
Old Posted May 16, 2021, 11:25 PM
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  #92  
Old Posted Nov 15, 2021, 1:28 AM
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  #93  
Old Posted Nov 30, 2021, 6:55 AM
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  #94  
Old Posted Jan 9, 2022, 4:54 PM
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Credit: JC_Heights
     
     
  #95  
Old Posted Jan 17, 2022, 8:36 PM
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Historic Palace Theatre Begins 30-Foot Lift At 1568 Broadway In Times Square, Manhattan

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Construction teams at TSX Broadway, a mixed-use hotel tower at 1568 Broadway in Times Square, have begun work on the lifting of the Palace Theatre. The historic venue is being hoisted 30 feet above street level to make way for ground-floor retail space.

Developed in partnership by L&L Holding Company, Maefield Development, and Fortress Investment Group, the project required the partial demolition of the DoubleTree Suites, which was built above the Palace Theatre, a playhouse originally constructed in 1913, then remodeled in 1988. The team recognized the rich history of the theater and devised a complex preservation and engineering maneuver to retain the property, while also maximizing the development’s return on investment through the creation of a new retail corridor below.

Demolition of the hotel’s 16th through 46th floors was completed in last year. The team then added a sub-cellar level below the basement, removed the theater’s existing foundation, and installed a new foundation to support the structure. To raise the theater, the team also installed a lifting system consisting of 34 massive hydraulic posts to slowly raise the space 30 feet above its resting position.

The theater will be lifted straight up and the new hotel will continue to be built around it. Eventually the void below the theater will house hotel lobby and entry spaces, food and beverage retailers, some back-of-house theater operations, and shopping destinations.

PBDW Architects is the design studio responsible for coordinating the historic theater lift and preservation. The project team for TSX Broadway also includes architects Perkins Eastman and Mancini Duffy, Sensory Interactive for illuminated signage and branding, and general contractor Pavarini McGovern.

The 46-story tower will eventually comprise 550,000 square feet and is expected to debut early 2023. Total construction costs exceed $2.5 billion.
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  #96  
Old Posted Jan 18, 2022, 10:23 PM
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Wow. $2.5 billion for 550,000 square feet. That's insane.
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  #97  
Old Posted Jan 19, 2022, 3:07 AM
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Originally Posted by colemonkee View Post
Wow. $2.5 billion for 550,000 square feet. That's insane.
They'll make money on the other aspects of the tower.


Quote:
According to David Orowitz, a senior vice-president at developer L&L Holding Company, the entire building will be like a giant advertisement. “The whole building is essentially (an advertising) sign, and the side that is facing Times Square is a single sign comprised of LEDs into the building itself that runs up the entire 46-story building,” he said in an email to CNBC.

.....it’s hired Andrew Essex, a former ad exec and CEO of the Tribeca Film Festival, to negotiate a deal with a single customer to advertise on the behemoth, including the naming rights to the building, the retail and entertainment spaces and the billboards.

“It’s part Super Bowl, part experiential mega arena, part center of commerce, part social network,” Essex told CNBC by phone, adding that he expects to have a deal signed this year.

It would have to be a brand that has the right entertainment value, Essex added. “Events must become more eventful, otherwise people stay home and watch Netflix, ” he said. “So what does it take to get people out of the house today?”




JANUARY 18, 2022


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  #98  
Old Posted Jan 19, 2022, 4:04 PM
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https://www.bdcnetwork.com/building-...-and-arts-tool

A building in Times Square aspires to be a marketing and arts tool
The 580-ft TSX Broadway will have several LED signs on its exterior, and host an existing 27,000-sf theater that was hoisted 30 ft above street level.


BY JOHN CAULFIELD
JANUARY 18, 2022


Quote:
TSX Broadway is a 550,000-sf 46-story mixed-use tower that’s been under construction in New York City’s Times Square since 2019. This $2.5 billion project—whose development partners include L&L Holding, Maefield Development, Fortress Investment, and The Nederlander Organization—has retained 25 percent of site’s existing structure that included 16 stories of what had been a DoubleTree hotel, and the iconic Palace Theater, which on January 7 began its journey from the ground floor of this site to being lifted and repositioned 30 ft above grade to make way for 75,000 sf of street-level retail.

The lift of the 7,000-plus-ton, 27,000-sf theater with landmark status was expected to take six to eight weeks, at which point the Palace Theater will undergo a $50 million renovation that includes a new entrance on 47th Street with an 80-ft marquee, the addition of 10,000 sf of front-of-house space with a new lobby, a new orchestra pit for the 1,700-seat theater, and more back-of-house space.
Quote:
Last week, the project’s Building Team poured the 43rd floor of TSX Broadway, which along with the theater is scheduled for completion in the fourth quarter of 2022, according to Robert Israel, Executive Vice President of L&L Holding and the firm’s project manager, with whom BD+C spoke earlier this week.

This project, he said, required a new permanent foundation, a new subcellar level, and a lifting foundation. The lift itself is utilizing a mechanism, devised by Urban Foundation Engineering, that combines structural shoring posts and 46 hydraulic jacks. Israel said that the developers hired the structural engineering consultant Howard Shapiro & Associates to ensure the security and stability of the structure and theater, which was originally built in 1913 and remodeled in 1988.

The 580-ft-tall tower, when completed, will also feature a 669-key hotel (Israel said the developers were close to signing a branding and property management deal, but could not disclose the hotelier).
Quote:
The building will also have several signage and lighting systems, all designed for marketing purposes: the exterior of floors three through nine will be distinguished by an 18,000-sf LED podium sign into which is integrated an indoor-outdoor stage with a 30x30-ft opening and a 35-ft depth that extends 10 ft outside beyond the LED lights. Israel suggested that this space could be used for New Year’s Eve events, and all manner of performances and broadcasts.

There will also be crown signage at the top of the building, and a full-tower lighting system, dubbed The Beacon, that will be able to project programmed messages and images.


https://marvel-b1-cdn.bc0a.com/f0000...Day%202-54.jpg



https://marvel-b1-cdn.bc0a.com/f0000...%202022-49.jpg
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  #99  
Old Posted Jan 20, 2022, 6:53 AM
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This thing is fascinating. Is there a way to get pictures of the theater being lifted within the frame surrounding it? Or am I just not seeing it?
     
     
  #100  
Old Posted Jan 20, 2022, 5:16 PM
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