740 Eighth Avenue

Last updated

The Torch 740 Eighth Avenue
740 Eighth Avenue Photomontage, Weehawken view.jpg
Artist's impression
740 Eighth Avenue
General information
StatusUnder construction (stalled)
TypeHotel
Location740 8th Avenue, New York, NY 10036, U.S.
Coordinates 40°45′34″N73°59′16″W / 40.75944°N 73.98778°W / 40.75944; -73.98778
Construction started2022
Estimated completion2027 (revised timeline pending)
Height1,067 feet (325 m)
Technical details
Floor count52
Design and construction
Architect(s)ODA Architecture
Developer Extell Development Company

740 Eighth Avenue, also known as The Torch, [1] is a supertall hotel skyscraper under construction in Midtown Manhattan, New York City, designed by ODA Architecture. It is planned to reach a height of 1,067 feet (325.1 meters) and originally expected to be completed in 2027. However, construction has stalled as of March 2024, with the site cleared of most equipment and materials. [2]

Contents

Stalling of construction

Construction stalled in March 2024, and the New York City Department of Buildings confirmed no activity at the site during inspections in May 2024. While no official stop-work orders have been issued, the site has faced legal and logistical issues, including lawsuits over unsafe conditions and unpaid services owed to subcontractors. [3] The project has also been embroiled in financial disputes, with Extell and its contractors reportedly owing over $2 million to Bronx-based CFS Steel Company for unpaid services. Despite the challenges, the foundation has been completed, and diagonal beams now buttress the retaining walls in preparation for resumed activity. [3]

Residents and businesses near the site, including the Playwright Celtic Pub, welcomed the pause in construction, citing relief from excessive noise and disruption. However, the incomplete state of the project continues to negatively impact the area's economy. [2]

Design and features

The 56-story building will incorporate a 260-foot drop tower and an observation deck. The Torch's design, featuring a 500-foot spiraling glass structure at the top, is inspired by the Statue of Liberty's torch. Additional amenities include retail space, a restaurant, a VIP lounge, and a pool deck for hotel guests. Renderings showcase its prominent position in the Midtown skyline. [4]

See also

Related Research Articles

<span class="mw-page-title-main">Hudson Yards, Manhattan</span> Neighborhood in New York City

Hudson Yards is a neighborhood on the West Side of Midtown Manhattan in New York City, bounded roughly by 30th Street in the south, 41st Street in the north, the West Side Highway in the west, and Eighth Avenue in the east. The area is the site of a large-scale redevelopment program that is being planned, funded, and constructed under a set of agreements among the State of New York, City of New York, and Metropolitan Transportation Authority (MTA), with the aim of expanding the Midtown Manhattan business district westward to the Hudson River. The program includes a major rezoning of the Far West Side, an extension of the New York City Subway's 7 and <7>​ trains to a new subway station at 34th Street and 11th Avenue, a renovation and expansion of the Javits Center, and a financing plan to fund the various components. The various components are being planned by the New York City Department of City Planning and New York City Economic Development Corporation.

<span class="mw-page-title-main">15 Penn Plaza</span> Proposed skyscraper in Manhattan, New York

15 Penn Plaza, also known as PENN15 and Vornado Tower, is a planned supertall office tower to be constructed by Vornado Realty Trust on Seventh Avenue between 32nd and 33rd Streets in the Midtown Manhattan neighborhood of New York City. The building, designed by Foster and Partners, will contain 430 units on 61 floors and 2,050,000 square feet (190,000 m2) of floor space as well as passageways to the adjacent Pennsylvania Station, 34th Street–Herald Square station, and the 33rd Street terminal of the PATH. Despite only having 61 floors, it is planned to be 1,270 feet (390 m) tall, 20 feet (6.1 m) taller than the mooring mast or spire of the Empire State Building two blocks east. The timing of construction will be dependent on market conditions. Vornado is currently exploring using the site for "fashion shows or other temporary uses" until market conditions warrant construction of the building.

<span class="mw-page-title-main">Manhattan West</span> Building complex in New York City

Manhattan West is a 7-million-square-foot (650,000 m2) mixed-use development by Brookfield Properties, built as part of the Hudson Yards Redevelopment. The project spans 8 acres and features four office towers, one boutique hotel, one residential building, 225,000 square feet (20,900 m2) of retail space and a 2.5-acre public plaza. The project was built on a platform over Penn Station storage tracks along Ninth Avenue between 32nd and 33rd Streets.

<span class="mw-page-title-main">Selene (building)</span> Residential skyscraper in Manhattan, New York

Selene is a residential skyscraper at the southwest corner of 53rd Street and Lexington Avenue in Midtown Manhattan, New York City. The 64-story tower, completed in 2019, was designed by Norman Foster. At 711 feet (217 m) tall, it is the 77th tallest building in New York.

<span class="mw-page-title-main">30 Hudson Yards</span> Skyscraper in Manhattan, New York

30 Hudson Yards is a supertall skyscraper on the West Side of Midtown Manhattan in New York City. Located near Hell's Kitchen, Chelsea, and the Penn Station area, the building is part of the Hudson Yards Redevelopment Project, a plan to redevelop the Metropolitan Transportation Authority's West Side Yard. It is the sixth-tallest building in New York City and the eighth-tallest in the United States as of November 2022.

<span class="mw-page-title-main">One Vanderbilt</span> Office skyscraper in Manhattan, New York

One Vanderbilt is a 73-story supertall skyscraper at the corner of 42nd Street and Vanderbilt Avenue in the Midtown Manhattan neighborhood of New York City. Designed by Kohn Pedersen Fox for developer SL Green Realty, the skyscraper opened in 2020. Its roof is 1,301 feet (397 m) high and its spire is 1,401 feet (427 m) above ground, making it the city's fourth-tallest building after One World Trade Center, Central Park Tower, and 111 West 57th Street.

520 West 41st Street was a proposed 106-story supertall skyscraper in Hudson Yards, Manhattan, New York City, near Midtown Manhattan. The building would have surpassed all other skyscrapers on the island by floor-count. Upon completion, it would either have been the fifth or sixth tallest building in New York City.

Hill West Architects is a New York City based architecture firm which works on the planning and design of high-rise residential and hospitality buildings, retail structures and multi-use complexes. They have participated in the design of prominent structures in the New York City metropolitan area. The firm was founded in 2009 by Alan Goldstein, L. Stephen Hill and David West.

<span class="mw-page-title-main">138 East 50th Street</span> Residential skyscraper in Manhattan, New York

138 East 50th Street, officially named The Centrale, is a residential building in Midtown Manhattan, New York City. The building consists of 124 condominium residences and 7,500 square feet (700 m2) of ground-floor retail between Third Avenue and Lexington Avenue in Midtown East. The developers planned to sell the condominiums for a total of $535.7 million, or an average of $4.3 million per unit.

<span class="mw-page-title-main">Tower Fifth</span> Proposed skyscraper in Manhattan, New York

Tower Fifth is a skyscraper proposed for Midtown Manhattan in New York City. The developer, Macklowe Properties, has completed other projects including the redevelopment of the General Motors Building and construction of 432 Park Avenue. Plans for the structure were first revealed in January 2019, and the developer continued purchasing buildings to create an assemblage in 2019, closing on a building in March 2020, and continuing to eye buildings in June 2020. Demolition permits were first filed in April 2020.

<span class="mw-page-title-main">Sutton 58</span> Residential skyscraper in Manhattan, New York

Sutton 58 is a residential skyscraper in the Sutton Place neighborhood of Midtown East, Manhattan in New York City.

<span class="mw-page-title-main">270 Park Avenue (2021–present)</span> Skyscraper in Manhattan, New York

270 Park Avenue, also known as the JPMorgan Chase Building, is a supertall skyscraper on the East Side of the Midtown neighborhood of Manhattan in New York City. Designed by the firm of Foster + Partners, the skyscraper is expected to rise 1,388 feet (423 m) when completed in 2025.

<span class="mw-page-title-main">520 Fifth Avenue</span> Under-construction building in Manhattan, New York

520 Fifth Avenue is a mixed-use supertall building under construction at Fifth Avenue and 43rd Street in the Midtown Manhattan neighborhood of New York City. The building occupies the former site of three structures. Mickey Rabina is developing the building, and architectural firm Kohn Pedersen Fox designed the structure and serves as architect of record. The interior design is by Charles & Co.

<span class="mw-page-title-main">262 Fifth Avenue</span> Residential skyscraper in Manhattan, New York

262 Fifth Avenue is a residential skyscraper under construction on Fifth Avenue in Manhattan, New York City. Five Points Development is developing the building, which is being developed by Boris Kuzinez and designed by architectural firm Meganom. SLCE Architects is the executive architect. The structure is 860 feet (260 m) high, with 26 apartments across 54 stories. Work on the site began in 2017 when the existing structures were demolished, though construction of the skyscraper's foundation did not begin until 2022. The building topped out in April 2024, and apartment sales began that December.

<span class="mw-page-title-main">175 Park Avenue</span> Planned skyscraper in Manhattan, New York

175 Park Avenue, formerly known as Project Commodore, is a mixed-use supertall designed by Skidmore, Owings, & Merrill and developed by RXR Realty and TF Cornerstone that is proposed to be built on the former site of the Commodore Hotel, currently the Hyatt Grand Central New York. As currently proposed, the structure would rise to a pinnacle height of 1,581 feet (482 m), with the tower containing office space, a Hyatt hotel, and ground-level and underground retail.

<span class="mw-page-title-main">350 Park Avenue</span> Planned building in Manhattan, New York

350 Park Avenue is a planned supertall office tower in Midtown Manhattan, New York City, designed by Foster + Partners and developed by Vornado Realty Trust and Rudin Management.

References


  1. Young, Michael; Pruznick, Matt (March 15, 2024). "Renderings Revealed For The Torch At 740 Eighth Avenue In Midtown, Manhattan". New York YIMBY. Retrieved June 6, 2024.
  2. 1 2 Allen, Dashiell (May 30, 2024). "Intermission at The Torch: Mega Hotel Construction Site Goes Quiet in Heart of Theater District". W42ST. Retrieved December 30, 2024.
  3. 1 2 Young, Michael; Pruznick, Matt (November 24, 2024). "Work Stalls on The Torch at 740 Eighth Avenue in Midtown Manhattan". New York YIMBY. Retrieved December 30, 2024.
  4. Jacobs, Karrie (July 18, 2023). "Times Square's New Thrill Ride Looks Like It Came From Las Vegas". Curbed. Retrieved March 30, 2024.