Demolition Underway at 50 Bowery for Peter Poon’s 20-Story ‘Hotel Bowery’

Posted on: August 14th, 2013 at 5:22 am by
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Thar she blows…

Peter Poon’s skyscraping Hotel Bowery is on the first stage of its developmental cycle. Demolition. The mini corridor of commercial business between 50-52 Bowery now sports a cloak of ironwork and netting; it’s ready for the inevitable. Neither Duane Reade nor neighborhood favorite Danny Ng’s survived.

As earlier reported, this large-scale hotel project will soar some twenty stories into the Lower East Side skyline, and include 220 rooms. Rosy completion outlook is arguably sometime in 2015.

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50-52 Bowery is to carry the crown as the third monstrous inn within a five block radius, and quasi catty-corner to the new Wyndham Garden (the only completed one thus far). Together, these three will no doubt strain an already tired downtown infrastructure.

Here’s the rest of the construction schedule for Hotel Bowery:

Demolition May through August 2013
Foundation construction August through December 2014
Superstructure construction through May 2014
TCO anticipated in early 2015

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