Monday, April 6, 2015

2 New Midtown Towers Planned to Light-up Broadway

Two tall, mixed-use skyscrapers are taking steps toward becoming reality along Broadway in Midtown. C&K Properties is in the final stages of assembling air rights to construct an 80-story tower, rising nearly 1,000 feet at 1710 Broadway, while in Lincoln Square, AvalonBay is planning to raze the 12-story American Bible Society headquarters, overlooking Central Park at 1865 Broadway, and replace it with a 37-story luxury condominium tower with chic retail space.

1710 Broadway

C&K Properties has nearly completed assembling a package of air rights that would allow for a brand new skyscraper at 1710 Broadway in Times Square.

The developer already owns the 52,000-square-foot commercial building located at the northeast corner of 54th Street and Broadway, and has plans to build a larger building than the 8,850-square-foot site allows.

C&K is in the final stages of acquiring roughly 115,000 square feet of development rights from three neighboring parcels: the Dream Hotel at 210 West 55th Street, a building at 204 West 55th and a mixed-use building at 856 Seventh Avenue.

The air rights acquisitions combined with development rights presently available for 1710 Broadway, will allow for a skyscraper rising more than 1,000 feet.

Goldstein, Hill & West is designing the new 80-story mixed-use tower which will include hotel and residential components, as well as retail space and LED signage on the lower levels.

The new building will be in good company: the tallest hotel in the Western Hemisphere rises at 753 feet across the street at 1717 Broadway.

1865 Broadway


The developer plans to knock down the bulky 12-story concrete building and break ground next year on an ultra-luxury condominium tower rising 37-stories and covering more than 300,000 square feet, including between 55,000 and 60,000 square feet of high-end retail at its base.

This prime property is located within two blocks of Columbus Circle, Lincoln Center and Central Park.

The architecture firm of Goldstein, Hill & West is designing the new tower.

The American Bible Society, an organization that translates bibles into different languages, has been around for 199 years, and has had its headquarters at 1865 Broadway for over 50 years.

The nonprofit is planning to move to Philadelphia at the end of this year.

Virginia-based AvalonBay beat out 25 other bidders for the longtime home of the American Bible Society on the corner of Broadway and 61 Street. The company is paying an extraordinary $300 million for the site at 1865 Broadway the Upper West Side.

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