The massive Times Square hotel-and-retail redevelopment known as TSX Broadway is expected to be worth nearly $4.2 billion when it opens in 2021, according to a prospectus shared with Chinese investors in the project that was reviewed by The Real Deal. Maefield Development, Fortress Investment Group and L&L Holding Company plan to close the Palace Theatre and the DoubleTree hotel at the site on Sept. 15 to begin demolition and construction. The existing retail portion […]
source https://therealdeal.com/2018/06/06/tsx-broadways-developers-say-completed-project-will-be-worth-4-2b/
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