Midtown Grand Hyatt to Be Redeveloped
TF Cornerstone and MSD Partners LP intend to replace the Grand Hyatt building in Midtown East with a two million square foot mixed use tower which would house retail, office and a new Hyatt hotel. Developed by Donald Trump in the late 1970s, the current hotel, located next to Grand Central Terminal at 109 East 42nd Street, will continue to operate until late 2020, according to Bloomberg.
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