17 Jul 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
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