Silverstein gets OK for combo hotel condo at 30 Park Place

October 07, 2013 10:48AM

Larry Silverstein’s long-stalled hotel and condominium project at 30 Park Place is set to finally kick off construction, after the developer received new building permits for the site. The 67-story Robert A.M. Stern-designed tower will rise to 937 feet, making it the architect’s tallest project in the city.

A 149-room Four Seasons Hotel will fill the bottom floors and 161 condominiums will start at the 23rd floor, according to the permits spotted by New York YIMBY. There will be several duplex apartments, the permits show, including two half-floor duplexes on floors 62 and 63. The three top floors will each hold one full-floor apartment.

In May, Silverstein secured a construction loan of approximately $660 million for the project from a London-based investment firm.  [NY YIMBY]  – Hiten Samtani