8 Major NYC Projects Expected To Deliver This Year

By the end of the year, a slew of major projects in New York City will officially open up. Much-anticipated developments like 3 World Trade Center have already delivered, and the rest of the year will see major openings at Hudson Yards and in Brooklyn. Read on for a look at some of the biggest projects slated for 2018.

20 times square 701 times square

20 times square

20 Times Square

In the next few months, Maefield Development and Fortress Investment Group plan to open 20 Times Square, a 278K SF mixed-use retail and hotel development at the corner of 47th Street and Seventh Avenue.

The building will feature a six-story retail podium spanning more than 70K SF at its base. The 42-story tower has a Marriott Edition Hotel with 452 rooms. Earlier this year, Maefield Development and Fortress Investment Group moved to buy out all other partners at the building, a group that included The Witkoff Group, Ian Schrager, New Valley and Winthrop Realty Trust.

Witkoff and Winthrop have agreed to complete the building’s construction on Maefield’s behalf.

Orignal Post: https://www.bisnow.com/new-york/news/construction-development/8-major-nyc-projects-expected-to-deliver-this-year-90713