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New York & Tri-State  + Midtown New York  + Hospitality  |  February 9, 2022
L&L Holding Company topped off construction on TSX Broadway, a $2.5-billion mixed-use project it's developing with Fortress Investment Group
Paul Bubny
By: Paul Bubny

L&L Tops Off $2.5B TSX Broadway Project 

L&L Holding Company topped off construction at TSX Broadway, a 46-story, $2.5-billion mixed-use project being developed near Times Square with Fortress Investment Group. Launched in 2019, it will include a 669-key hotel, an indoor/outdoor performance stage, 100,000 square of retail and entertainment space and the historic Broadway Palace Theatre lifted 30 feet above street level, along with full-building LED signage. 

“While the vision for this project has remained the same since its inception, the world around it has drastically changed – making TSX Broadway even more relevant for what a new development should look and feel like in our current moment,” said L&L CEO David W. Levinson. 

As 2022 began, L&L began the Palace Theatre lift. The theatre is being lifted 30 feet above Times Square to unlock ground-floor retail space, utilizing a mechanism that is a hybrid between a structural steel shoring post and a hydraulic jack. 

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).
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