Hush Street is tracking what’s being built in the Garment District, Times Square and Midtown West, between Fifth and Eighth Avenues from Penn Station to Columbus Circle.
At Penn Station, the federal government took over the rebuild in April 2025 and unveiled a design in June 2026 that keeps Madison Square Garden in place, with groundbreaking targeted by the end of 2027. Around it, Vornado has scaled back its stalled tower on the old Hotel Pennsylvania site and filed for a 481-unit tower on Eighth Avenue, and the shuttered Stewart Hotel is becoming 579 affordable and supportive homes.
The City Council’s August 2025 Midtown South rezoning allowed housing in the Garment District for the first time, and its first projects are under way: a 107-studio office conversion on West 35th Street and a 34-story tower on West 37th Street. Farther north, the pipeline leans toward very tall hotels, including Extell’s 1,029-foot Torch on Eighth Avenue and a 71-story tower on the old Wellington Hotel site, while office buildings at 1740 Broadway and the landmarked Candler Building are being converted to apartments.
Where DOB records and press reports disagree on heights or unit counts, both are given. A permit is not treated as proof that construction has started.
| Project | Location | Status |
|---|---|---|
| 1Penn Station Rebuild | W. 31st–33rd Sts., Seventh–Eighth Aves. | In Design |
| 215 Penn Plaza (Former Hotel Pennsylvania Site) | Seventh Ave. at W. 32nd St. | Stalled |
| 3484 Eighth Avenue | Eighth Ave. at W. 34th St. | Filed (Plan Review) |
| 4Stewart Hotel Conversion (371 Seventh Avenue) | Seventh Ave. across from Penn Station | Filed (Plan Review) |
| 5254 West 35th Street | W. 35th St., Seventh–Eighth Aves. | Permitted |
| 628 West 37th Street | W. 37th St., Fifth–Sixth Aves. | Permitted |
| 729 West 35th Street | W. 35th St., Fifth–Sixth Aves. | Under Construction |
| 8Casoni (989 Sixth Avenue) | Sixth Ave. at W. 37th St. | Topped Out |
| 9515 Seventh Avenue | Seventh Ave. at W. 38th St. | Approved |
| 10The Torch (740 Eighth Avenue) | Eighth Ave., W. 45th–46th Sts. | Under Construction |
| 11871 Seventh Avenue (Former Wellington Hotel) | Seventh Ave. at W. 55th St. | Demolition Under Way |
| 121710 Broadway (RIU Hotel) | Broadway at W. 54th St. | Under Construction |
| 13Candler Building (220 West 42nd Street) | W. 42nd St., Seventh–Eighth Aves. | Permitted |
| 14Studio 54 (254 West 54th Street) | W. 54th St., Broadway–Eighth Ave. | In Public Review |
| 15570 Fifth Avenue | Fifth Ave., W. 46th–47th Sts. | Under Construction |
| 161740 Broadway | Broadway at W. 55th St. | Under Construction |
| 17The Nell (10 Rockefeller Plaza) | Rockefeller Center | Under Construction |
| 188-16 West 45th Street | W. 45th St., Fifth–Sixth Aves. | Permitted |
Penn Station & the Penn District
A federal station rebuild, a stalled supertall site, a new tower over a subway stair and a hotel becoming affordable housing.
1
Penn Station Rebuild
Federal Control, Garden Stays
USDOT took control of the project in April 2025 and picked Penn Transformation Partners as master developer in May 2026. The 2021 state plan for towers around the station has been separated from the station’s funding and is in limbo, Streetsblog reported.
Sources: U.S. Department of Transportation (June 2026); Amtrak (May 2026); Streetsblog NYC (Oct. 2026)
2
15 Penn Plaza (Former Hotel Pennsylvania Site)
A Supertall Waiting for a Tenant
The only recent DOB activity on the hotel site is construction-fence renewals.
Sources: West Side Spirit (Sept. 2026); New York Business Journal (July 2026); NYC DOB NOW records (BIN 1015191; jobs M01414569-I1 to M01414587-I1) (Sept. 2026)
3
484 Eighth Avenue
A Subway Stair Moves Indoors
Crain’s also reported the plan to put the stair inside the tower.
Sources: West Side Spirit (Aug. 2026); Crain's New York Business (Aug. 2026); NYC Planning ZAP 2026M0519; NYC DOB NOW job M01363035-I1 (accessed Oct. 2026)
4
Stewart Hotel Conversion (371 Seventh Avenue)
Hotel Rooms Become Homes
YIMBY reported a renovation of about 24 months, financed with city and state housing programs, tax credits and the sale of development rights.
Sources: New York YIMBY (Dec. 2025); Yieldpro (Jan. 2026); NYC DOB NOW job M01453701-I1 (Oct. 2026)
5
254 West 35th Street
A Loft Building Changes Hands Twice
Crain’s reported it was the building’s second sale in about a year. It is on the same block as Vornado’s 484 Eighth Avenue site.
Sources: PincusCo (Feb. 2026); Crain's New York Business; NYC DOB NOW job M01340670-I1 (June 2026)
The Garment District & the Midtown South Rezoning
The first projects under the 2025 rezoning, a finished supertall rental and an approved office tower.
6
28 West 37th Street
The Rezoning's First Tower
6sqft reported the project includes permanently affordable housing but has not published a count. The rezoning itself is covered in the Chelsea tracker.
Sources: New York YIMBY (Oct. 2026); 6sqft (Mar. 2026); NYC DOB NOW job M01372322-I1 (Oct. 2026)
7
29 West 35th Street
The First Conversion After the Rezoning
The Garment District Alliance lists it as the first residential project under the Midtown South plan.
Sources: 6sqft (Mar. 2026); Garment District Alliance (Apr. 2026); NYC DOB NOW job M01328972-I1 (May 2026)
8
Casoni (989 Sixth Avenue)
A Supertall Rental in the Garment District
The tower topped out in August 2025. DOB issued two stop-work orders in early 2025, both later dismissed.
Sources: New York YIMBY (Aug. 2026); New York YIMBY (Aug. 2025); NYC DOB NOW job M00643592-I1 (Sept. 2026)
9
515 Seventh Avenue
Approved, Not Yet Filed
The developer withdrew a hotel permit from the application before approval.
Sources: NYC Planning ZAP 2021M0138; New York YIMBY (Sept. 2025); KPF
Times Square & the Theater District
Very tall hotels, a landmark office conversion and a $100 million theater rebuild.
10
The Torch (740 Eighth Avenue)
Back Up After a Year's Pause
Construction stopped around March 2024 and resumed in June 2025, YIMBY reported.
Sources: New York YIMBY (Aug. 2026); New York YIMBY (June 2025); NYC DOB BIS job 121208326 (Sept. 2026)
11
871 Seventh Avenue (Former Wellington Hotel)
Extra Height for Subway Elevators
The bonus added about 119,000 square feet, 6sqft reported.
Sources: 6sqft (June 2026); New York YIMBY (Dec. 2025); NYC Planning ZAP 2025M0350; NYC DOB NOW jobs M00847788-I1 and M01177085-I1 (Oct. 2026)
12
1710 Broadway (RIU Hotel)
Another Big Hotel on Broadway
DOB issued the new-building permit on Oct. 1, 2025.
Sources: New York YIMBY (Apr. 2026); NYC DOB NOW job M00903689-I1 (Aug. 2026)
13
Candler Building (220 West 42nd Street)
From Hotel Plan to Apartments
It is steps from the 5 Times Square conversion.
Sources: New York Business Journal (Aug. 2025); New York Post (Apr. 2026); NYC DOB NOW job M01220723-I1 (June 2026)
14
Studio 54 (254 West 54th Street)
A Theater Pays for Itself With Air Rights
The Imperial Theatre on West 45th Street is seeking a similar approval (ZAP 2025M0338).
Sources: New York YIMBY (June 2026); The New York Times (Apr. 2026); NYC Planning ZAP 2024M0193
Fifth, Sixth & Broadway
A new Fifth Avenue office tower, the biggest conversion in the area and a first hotel inside Rockefeller Center.
15
570 Fifth Avenue
An Office Tower on Fifth Avenue
It is on the west side of Fifth Avenue, so it is in this tracker rather than Midtown East.
Sources: New York YIMBY (Dec. 2025); KPF; NYC DOB NOW job M01093960-I1 (Aug. 2026)
16
1740 Broadway
A $480 Million Conversion Loan
Madison Realty Capital provided a $480 million loan in June 2026, Commercial Observer reported.
Sources: Commercial Observer (June 2026); Multi-Housing News; NYC DOB NOW job M01195246-I1 (Sept. 2026)
17
The Nell (10 Rockefeller Plaza)
A Hotel in Rockefeller Center
The City Council-reviewed hotel permit was approved in 2024 (ZAP 2023M0311).
Sources: Aspen One (July 2026); NYC Planning ZAP 2023M0311; NYC DOB NOW job M01103346-I1 (Oct. 2026)
18
8-16 West 45th Street
Housing Off Fifth Avenue
CityRealty reported the old buildings demolished in late 2025.
Sources: CityRealty; NYC DOB NOW job M01241552-I1 (Oct. 2026)
What We're Watching Next
The Penn Station funding fight and the start of construction targeted for 2027, an anchor tenant or new filing for 15 Penn Plaza, permits for 484 Eighth Avenue and the Stewart Hotel, Casoni’s certificate of occupancy, the Council vote on Studio 54 and a building filing for 515 Seventh Avenue are next. A 2025 casino bid for 1515 Broadway in Times Square was rejected, and no project has replaced it.
Hush Street also tracks Hell’s Kitchen and Hudson Yards west of Eighth Avenue, Chelsea, Midtown East and Murray Hill, with separate pages for 5 Times Square and 520 Fifth Avenue.
Header photo: Times Square at night, 2025, by Nielsoncaetanosalmeron, via Wikimedia Commons, CC BY 4.0.
By Hush Street Editorial Updated Built from city filings and published reporting. About Hush Street
