Posted Jun 7, 2017, 3:09 PM
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Registered User
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Join Date: Oct 2014
Location: Brooklyn, NYC
Posts: 351
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First Peek at Hidrock Realty's 31-Story Hotel Tower Coming to Midtown
June 7, 2017
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Hidrock Realty is building a 32-floor hotel in the heart of Midtown at 12 East 48th Street. The Manhattan-based firm led by CEO Abraham Hidary acquired the through-block assemblage for $47M in 2014, according to a story from TRD last year. The centrally-located site is near Rockefeller Center between Fifth and Madison avenues and is across 47th Street from L&L Holding Company's dramatic office remake of 390 Madison Avenue. At the peak of the residential market in 2014, Hidrock proposed building condos with amenities specifically targeting the international pied-a-terre market.
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More info on the project HERE.
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