What's Going On With The Setai Midtown?
Aww, the Empire State Building has a new friend. A tall, glossy, very mysterious friend, who doesn’t like to share too much about herself. We snapped this photo of 400 Fifth Ave this week, and started wondering what was going on with the project believed to be The Setai Midtown.
We say “believed to be” because we still haven’t seen an official announcement about the name of the hotel—or any other details for that matter. What we know is that the 57-story building is being developed by Italian firm BiDi Real Estate, and that it was designed by Gwathmey Siegel (who still refer to it as “400 Fifth Avenue” on their web portfolio).
The building will house 157 hotel rooms, 57 “hotel apartments”, and 190 residences, along with a restaurant and bar, gym, meeting space, spa, and terrace on the 11th floor. Retail stores on the ground level are also in the works—hopefully ones that will elevate this otherwise touristy block of fast food, electronics, and souvenir shops.
The exterior looks pretty much done, although a walk through the scaffolding on street level showed that the site is still very much a work in progress on the inside. The hotel is slated for a 2010 opening, although when exactly? That’s what we’d like to know!
Heard anything? Let us know in the comments below.