Similar Posts

  • Hyatt Hotel Update

    Hersha Hospitality Trust, owner of upscale and select service hotels in major metropolitan markets, announced that the Company has entered into a purchase and sale agreement to acquire the 175-room Hyatt Union Square hotel in New York City at 4th Ave and 13th Street for total consideration of $104.1 million, or approximately $595,000 per key. The transaction is expected to close shortly after the seller completes the hotel’s construction. The consideration to the seller consists of $36 million paid to the seller in cash, the cancellation by the Company of a $10 million development loan made to the seller, accrued interest on the loan and the assumption by the Company of two mortgage loans secured by the hotel in the original aggregate principal amount of $55 million. While this purchase and sale agreement secures the Company’s right to acquire the completed hotel, the Company is not assuming any construction risk, including the risk of schedule and cost overruns. The hotel is expected to open in 2012.

  • A Replica of Anne Frank’s Hidden Annex is Coming to the Area

    The Center for Jewish Society, at 15 East 16th St., will be presenting a very special exhibit, beginning on January 27th.

     

    For the first time in history, the Anne Frank House will present a pioneering experience outside of Amsterdam to immerse visitors in a full-scale recreation of the Annex, where Anne Frank, her parents and sister, and four other Jewish inhabitants spent two years hiding to evade Nazi capture.

    Anne Frank The Exhibition gives visitors of all ages the chance to learn about Anne Frank, not as a victim but through the multifaceted lens of her life—as a girl, a writer, and a symbol of resilience and strength. More than 100 original collection items from the Anne Frank House in Amsterdam, including several never-before-exhibited artifacts, help to convey the context that shaped Anne’s life, death and posthumous fame. Her diary is one of the most translated books in the world.

    Order tickets here. 

  • Dale Chihuly “Rose Crystal Tower” To Pop Up In Union Square

    DNAinfo Reports:

    A 31-foot-tall sculpture resembling a stick of pink rock candy will rise on the plaza at 14th Street and Union Square East this fall, officials said.

    The installation — dubbed “Rose Crystal Tower” and designed by renowned glassblower Dale Chihuly — will consist of a 22-foot structure made of glass-like resin sitting on top of a nine-foot base, according to Parks Department representatives.

    The department is looking into whether it will be possible to use power sources in the area to light the sculpture from the inside, according to Jennifer Lantzas, deputy director of public art for the agency.

    The tower will consist of numerous layers of pink crystals stacked on top of each other to create a column, according to early renderings.

    The resin which Chihuly is using in place of his usual glass materials will be hard enough to withstand breakage, according to Dale Lanzone of Marlborough Gallery, which is sponsoring the Union Square installation.

    “You could throw a rock at it or really do whatever you wanted to break it and it’s not going to break,” he said at Community Board 5’s Parks and Public Space Committee meeting Monday.

    This will be Chihuly’s second public exhibition in the city, coming on the heels of an installation in the New York Botanical Gardens that will debut in April. It will be displayed from October 2017 until October 2018.

    Chihuly, who sports a distinctive eye patch stemming from a glassblowing accident, is known for his creations that range from flora and fauna to abstract designs that have helped turn glassblowing into an avante-garde artform, Lanzone said.

    “In the world of glass, he really invented the art form,” Lanzone said. “Chihuly is synonymous with glass sculpture.”DN

  • Latest New School Construction Update

    DOB has granted our request to start placing our concrete at 6am, which will allow us to finish this work earlier in the evening. We have 3 more instances like this until we finish our superstructure in early June.

    Therefore, next week (April 30 to May 4), Superstructure work will continue at the 15th and 16th floor levels. Tuesday, May 1st and Friday, May 4th we will have a pour with a 6 am start time and similar end time, weather permitting. Deliveries for the internal systems of the building have been ongoing and will continue, although they should not greatly affect the flow of pedestrian and road traffic.

    The following week (May 7 to May 11), we will continue superstructure concrete and slabs on the 17th floor and roof levels. Deliveries for the internal systems of the building have been ongoing and will continue, although they should not greatly affect the flow of pedestrian and road traffic.

    This weekend the site will be closed.