The Real Deal New York

Moinian’s Fortuna Realty files plans for new Midtown hotel

Leyva-designed 1150 Sixth Avenue will climb 38 stories, hold 310 rooms

October 08, 2015 11:30AM
By Rey Mashayekhi

1150 Sixth Avenue

Renderings of 1150 Sixth Avenue (credit: Fortuna) (inset, from left: Morris Moinian and Ismael Leyva)

Developer Morris Moinian’s Fortuna Realty Group officially filed plans Thursday for his Ismael Leyva-designed hotel at 1150 Sixth Avenue in Midtown with a few slight revisions to the project’s size and scale.

Behind the story:

Fortuna Realty Group

The 310-key hotel will reach 38 stories and span more than 138,000 square feet, according to permit applications filed with the Department of Buildings.

Amenities are to include a guest spa and lounge area on the lower floors, as well as offices and meeting rooms. There will also be a restaurant, lounge and outdoor area on the ground and cellar levels, while the second floor will house a ballroom.

Rooms will start on the fourth floor, which will hold six guest rooms. There will be 10 hotel rooms on each of the fifth through 34th floors and four penthouse suites – which are expected to feature “expansive” rear terraces — on the 35th floor. A rooftop bar with garden terraces will top off the 36th floor.

The filing shows somewhat different plans than expressed by Moinian earlier this year, when he announced that Leyva would be designing the building. At the time, Fortuna said the building would climb 40 stories and total 162,000 square feet. Initial renderings for the project released last year, meanwhile, indicated the hotel would stand 37 stories.

Moinian purchased the site of the Pan American Magazine Building for $39 million in 2012. Fortuna filed demolition permits for the eight-story building in May.

In the spring, Fortuna announced it had partnered with Starwood Hotels & Resorts on the 180-key Aloft New York Midtown hotel at 25-27 West 38th Street. The hotel, designed by Nobutaka Ashihara Architects and Paul Venga of VLDG, is slated to open in October 2017.