Hyde Midtown Suites & Residences, a joint venture between Related Group and Dezer Properties, broke ground after announcing that it was nearly 70 percent sold.
The developers partnered back in 2013 on the property, at Midtown Avenue and 34th Street. When completed during the second quarter of 2018, Hyde Midtown will include 60 hotel rooms and 410 luxury condominiums.
Arquitectonica designed the building, while Rockwell Group will finish the lobby, amenity floors, elevator corridors and hotel rooms at the development, which will have a seventh floor pool terrace and tennis court, and a private screening center.
Hyde Midtown will also feature food and beverage outlets, a pool and deck, spa and fitness center facilities, and meeting and event spaces. Available units start at $359,000 and go up to $2 million. — Katherine Kallergis and Sean Stewart-Muniz