CNY Builders to complete Element by Westin

New York City - September 9, 2009 - In a construction environment that has experienced little activity to cheer of late, there’s a bright spot on Manhattan’s West Side: the topping out of Starwood’s first Element by Westin hotel in New York City, announces Steve Colao, chief operating officer of CNY Builders, which managed the $70-million project’s construction on behalf of Tritel Construction and owner’s agent ABI Design & Construction.

Located just off 8th Avenue at 311 West 39th Street, Element New York Times Square West, a 39-story, 177,000 square foot, 411-room hotel, is expected to open in the late summer of 2010.

“There have been fewer and fewer toppings-off taking place in Manhattan these days, as so many development projects have stalled,” says Ken Colao, president of CNY Builders. “We are happy to have been involved in a project that serves as a positive counterexample in the New York City market.”

Developed by Starwood Hotels and Resorts and launched in 2008, Element by Westin targets the extended-stay segment of the hotel market with flexible residence-like rooms, designed in a smart, modern, and distinctly sustainable aesthetic, and supported by a variety of a multi-purpose public spaces and amenities. This property marks the first location for Element in Manhattan.

“The Element project was a good fit for us,” adds Colao. “We have extensive experience in hotel construction, and this will be our fourth major hotel within a two-block radius. Throughout the city, we have more than 2,750 rooms in various stages of construction and development.”

Project team members include Gene Kaufman Architect PC (architect and HVAC engineer), and Axis Design Group International (structural engineer). George Wong Design is the interior designer.

Founded in 2003 and based in Manhattan, CNY Builders is a construction and development services firm specializing in hospitality, mixed-use, commercial and institutional projects in the New York metropolitan area and in Europe. The firm’s clients include real estate owners, public corporations, developers, private owners, financial institutions, investment partnerships, cultural organizations and fine arts institutions. Among them, the principals of CNY Builders have completed 37 hotels to date at a wide range of service levels, from boutiques such as the Dylan, Sixty Thompson and the Lowell Hotel, to larger properties such as the prestigious Marriott Ghent in Belgium and the mixed-use Marriott Residence Inn (Bryant Park Tower) on Sixth Avenue.

Element by Westin
Element by Westin

 

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