Hotelier Richard Born of BD Hotels is taking the reins on the property at 515 West 42nd Street that has been in his family for more than three decades. The site between Tenth and Eleventh avenues is currently occupied by a seven-story Travel Inn hotel but will soon be replaced by a 39-story mixed-use rental tower. Born's recently filed plans call for a mixed-use 443-foot tall building which will house 350 residential units. The filings also show a leasing office will be on the first floor, indicative of rentals. The project is being designed by Handel Architects, and will join several large rental buildings along the far west side of 42nd Street. Born's other forthcoming project, the micro-unit Pod Times Square hotel, is located just one avenue away.
In this article:
The proposed rental building will have 277,019 square feet of residential space along with 4,328 commercial space on its ground floor. Listed amenities include storage and a laundry room on the cellar level, a gym, bike and mail room on the first, and a sky lounge, game room and roof terrace on the 38th floor. Additionally, residents will have access to an outdoor garden and some units will offer private terrace space.
Related Articles
Future New York
The 25 new Manhattan condos hitting the market in Fall 2026
Thursday, October 1, 2026
Future New York
The sun'll come out tomorrow? Higher rates chill Manhattan contracts as "Annie" creator's townhouse goes into contract
Tuesday, September 29, 2026
Future New York
Linda Evangelista sells Chelsea penthouse once rented to Keanu Reeves; Green Dot founder buys at Central Park Tower
Monday, September 28, 2026
Great Listings
21 NYC condo buildings with golf simulators and golf amenities
Friday, September 25, 2026
Future New York
NYC's top-selling residential buildings of summer 2026; Big money kept flowing despite new tax
Thursday, September 24, 2026
Future New York
Price Cuts: Dakota spread once asking $39M drops to $12.5M; Hudson Yards penthouse gets $12M trim
Thursday, September 24, 2026
Coney Island
As Manhattan rental vacancy rate hits post-pandemic low, see new housing lottos + 10 upcoming projects with affordable apartments
Wednesday, September 23, 2026
Future New York
6sqft delivers the latest on real estate, architecture, and design, straight from New York City.
