Hyde in Midtown nearing 70 percent sold, breaking ground
Developers launched 60-key hotel and 410-unit project in 2013
September 22, 2015 03:00PM
Rendering of Hyde Midtown Suites & Residences
Hyde Midtown Suites & Residences is now nearing 70 percent sold, The Real Deal has learned. And the project, a joint venture between Related Group and Dezer Properties plans to break ground on Friday.
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 the 60 designer suites at the development, which will have an additional 410 condos, 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 Ina Cordle
Source: The Real Deal