August 5, 2015
The visualization wizzes at Hayes Davidson posted this image of a hyper-modern tower addition atop an imposing Verizon-owned building at 230 West 36th Street.
While few details are provided with the accompanying image, an article from the Times last year mentioned that the top two floors and some unused development rights of the 1924 building were being shopped around to developers as a potential hotel site. The rendered building appears to be a commercial office building, however. With the dearth of development sites suitable for large office floor plates east of Ninth Avenue, and a hot Midtown South office market where vacancy rates hover near 9 percent, the site could be a prime opportunity to construct new office space in the heart of the Times Square/Penn Station sub-market.
More details ahead