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Plan To Turn Old Times Building Into Hotel, Condo
By
Jen Chung
Published Dec 23, 2009
Modified Dec 23, 2009
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By
Jen Chung
Published Dec 23, 2009
Modified Dec 23, 2009
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After buying the old NY Times Building on West 43rd Street for $525 million in 2007, developer Lev Leviev hoped to renovate it and market it as a "first-class office building." But "Then the market collapsed. Layoffs prevailed." Now, the NY Times reports, "Now Mr. Leviev is back with a partner and a new plan to turn the 15-story building, where printing presses once churned out newspapers, into a glamorous three-decker sandwich, with a vertical mall that includes luxury shops on the lower floors, along with exhibition space and a stylish bowling alley and nightclub surrounded by seven restaurants. A high-end hotel with as many as 379 rooms would sit in the middle, and 26 penthouse condominiums on top."
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lev leviev
ny times building
real estate
West 43rd Street
Jen Chung
Jen Chung is a former WNYC and Gothamist editor.
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