# NEW YORK | The Torch (740 8th Ave) | 1029 FT | 52 FLOORS

**URL:** <https://forum.newyorkyimby.com/t/new-york-the-torch-740-8th-ave-1029-ft-52-floors/235>\
**Category:** Under Construction\
**Created:** [June 14, 2014, 1:46pm UTC](https://forum.newyorkyimby.com/t/new-york-the-torch-740-8th-ave-1029-ft-52-floors/235 "2014-06-14T13:46:46Z")\
**Posts on this page:** 20\
**Page:** 2

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**Author:** ![lowkeylion](https://sea1.discourse-cdn.com/flex019/user_avatar/forum.newyorkyimby.com/lowkeylion/32/1239_2.png) [@lowkeylion](https://forum.newyorkyimby.com/u/lowkeylion)\
**Post date:** [June 6, 2016, 1:49am UTC](https://forum.newyorkyimby.com/t/new-york-the-torch-740-8th-ave-1029-ft-52-floors/235/21 "2016-06-06T01:49:37Z")

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You’re scaring me, Robert. Riu Times Square is 300,000 square feet.

Does anyone know how many square feet this site has?

I would be fine with 850 feet in this part of Manhattan, given that info.

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**Author:** ![robertwalpole](https://sea1.discourse-cdn.com/flex019/user_avatar/forum.newyorkyimby.com/robertwalpole/32/15739_2.png) [@robertwalpole](https://forum.newyorkyimby.com/u/robertwalpole)\
**Post date:** [June 6, 2016, 1:52am UTC](https://forum.newyorkyimby.com/t/new-york-the-torch-740-8th-ave-1029-ft-52-floors/235/22 "2016-06-06T01:52:20Z")

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I thought Riu had a lot more than that.

Anyway, this part of 8th Ave would not command high condo prices. I can see rentals above the hotel and maybe some condos too, but the money maker here will be retail. It could reach a 1,000’, but would not be surprised to see 700’ to 850’.

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**Author:** ![lowkeylion](https://sea1.discourse-cdn.com/flex019/user_avatar/forum.newyorkyimby.com/lowkeylion/32/1239_2.png) [@lowkeylion](https://forum.newyorkyimby.com/u/lowkeylion)\
**Post date:** [June 6, 2016, 1:53am UTC](https://forum.newyorkyimby.com/t/new-york-the-torch-740-8th-ave-1029-ft-52-floors/235/23 "2016-06-06T01:53:51Z")

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I found the 300,000 figure from this Crain’s article:

> **[600-room hotel to check in west of Times Square](https://www.crainsnewyork.com/article/20130815/REAL_ESTATE/130819931/600-room-hotel-to-check-in-west-of-times-square)**
>
> Spanish hotel developer RIU Hotels and Resorts begins work on a site at the eastern end of Restaurant Row, on the corner of West 46th Street and Eighth Avenue. Start comes a year after RIU paid $111 million for the site.

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**Author:** ![lowkeylion](https://sea1.discourse-cdn.com/flex019/user_avatar/forum.newyorkyimby.com/lowkeylion/32/1239_2.png) [@lowkeylion](https://forum.newyorkyimby.com/u/lowkeylion)\
**Post date:** [June 6, 2016, 2:08am UTC](https://forum.newyorkyimby.com/t/new-york-the-torch-740-8th-ave-1029-ft-52-floors/235/24 "2016-06-06T02:08:41Z")

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According to the Post, it appears we were wrong with regard to the location of the new Hard Rock hotel.

The site is on West 48th Street next to 7th.

> **[Hard Rock Hotel to bring the beat back to Manhattan’s Music Row](https://nypost.com/2016/06/05/hard-rock-hotel-to-bring-the-beat-back-to-manhattans-music-row/)**
>
> Rock is returning to Manhattan’s Music Row. A new Hard Rock Hotel will rise on the West 48th Street strip between Avenue of the Americas and Seventh Avenue just off Times Square, which was once lin…

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**Author:** ![robertwalpole](https://sea1.discourse-cdn.com/flex019/user_avatar/forum.newyorkyimby.com/robertwalpole/32/15739_2.png) [@robertwalpole](https://forum.newyorkyimby.com/u/robertwalpole)\
**Post date:** [March 18, 2017, 1:50am UTC](https://forum.newyorkyimby.com/t/new-york-the-torch-740-8th-ave-1029-ft-52-floors/235/25 "2017-03-18T01:50:07Z")

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I walked by on 3/17 and noted that some of the buildings on 8th near 45th have been vacated. Presumably, Extell is trying to evict the remaining tenants.

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**Author:** ![Tectonic](https://sea1.discourse-cdn.com/flex019/user_avatar/forum.newyorkyimby.com/tectonic/32/186763_2.png) [@Tectonic](https://forum.newyorkyimby.com/u/Tectonic)\
**Post date:** [March 18, 2017, 4:59am UTC](https://forum.newyorkyimby.com/t/new-york-the-torch-740-8th-ave-1029-ft-52-floors/235/26 "2017-03-18T04:59:16Z")

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Want something like this… 8th Avenue deserves it.

 ![](https://us1.discourse-cdn.com/flex019/uploads/yimby/original/3X/5/3/5300ac00a21b8c6707a80cef553a03ec4e68d2e8.jpeg)  
Copyright Markus Pillhofer via NY Yimby

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**Author:** ![robertwalpole](https://sea1.discourse-cdn.com/flex019/user_avatar/forum.newyorkyimby.com/robertwalpole/32/15739_2.png) [@robertwalpole](https://forum.newyorkyimby.com/u/robertwalpole)\
**Post date:** [March 18, 2017, 11:46am UTC](https://forum.newyorkyimby.com/t/new-york-the-torch-740-8th-ave-1029-ft-52-floors/235/27 "2017-03-18T11:46:16Z")

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I’m not counting on it. I don’t even think he’ll build tall. I’m expecting something no more than 750’ with a mix of hotel and apartments. The area’s still shady.

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**Author:** ![nyc1](https://avatars.discourse-cdn.com/v4/letter/n/ccd318/32.png) [@nyc1](https://forum.newyorkyimby.com/u/nyc1)\
**Post date:** [March 18, 2017, 5:10pm UTC](https://forum.newyorkyimby.com/t/new-york-the-torch-740-8th-ave-1029-ft-52-floors/235/28 "2017-03-18T17:10:04Z")

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Wow this design is nice!

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**Author:** ![robertwalpole](https://sea1.discourse-cdn.com/flex019/user_avatar/forum.newyorkyimby.com/robertwalpole/32/15739_2.png) [@robertwalpole](https://forum.newyorkyimby.com/u/robertwalpole)\
**Post date:** [March 18, 2017, 5:54pm UTC](https://forum.newyorkyimby.com/t/new-york-the-torch-740-8th-ave-1029-ft-52-floors/235/29 "2017-03-18T17:54:06Z")

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That’s what was planned for the site on 8th and 55th where BP built that lame glass office building.

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**Author:** ![robertwalpole](https://sea1.discourse-cdn.com/flex019/user_avatar/forum.newyorkyimby.com/robertwalpole/32/15739_2.png) [@robertwalpole](https://forum.newyorkyimby.com/u/robertwalpole)\
**Post date:** [March 5, 2018, 1:12pm UTC](https://forum.newyorkyimby.com/t/new-york-the-torch-740-8th-ave-1029-ft-52-floors/235/30 "2018-03-05T13:12:14Z")

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As YIMBY says, this is just theoretical, but it’s cool anyway.

> **[Conceptual Supertall Design Revealed For 265 West 45th Street, Midtown West -...](https://newyorkyimby.com/2018/03/conceptual-supertall-design-revealed-for-265-west-45th-street-midtown-west.html)**
>
> The experimental minds of RB Systems have published their new, conceptual design for 265 West 45th Street, a small plot of vacant land in Midtown West...

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**Author:** ![streetscaper](https://avatars.discourse-cdn.com/v4/letter/s/779978/32.png) [@streetscaper](https://forum.newyorkyimby.com/u/streetscaper)\
**Post date:** [March 5, 2018, 4:34pm UTC](https://forum.newyorkyimby.com/t/new-york-the-torch-740-8th-ave-1029-ft-52-floors/235/31 "2018-03-05T16:34:51Z")

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![](https://us1.discourse-cdn.com/flex019/uploads/yimby/original/3X/d/3/d3e2e34b5c0cb272ebe638c23950f7d6fce226b3.jpeg)

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<div class="post-metadata">

**Author:** ![robertwalpole](https://sea1.discourse-cdn.com/flex019/user_avatar/forum.newyorkyimby.com/robertwalpole/32/15739_2.png) [@robertwalpole](https://forum.newyorkyimby.com/u/robertwalpole)\
**Post date:** [March 5, 2018, 4:38pm UTC](https://forum.newyorkyimby.com/t/new-york-the-torch-740-8th-ave-1029-ft-52-floors/235/32 "2018-03-05T16:38:25Z")

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I’m John Boehner, and I endorse that message!

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<div class="post-metadata">

**Author:** ![Tectonic](https://sea1.discourse-cdn.com/flex019/user_avatar/forum.newyorkyimby.com/tectonic/32/186763_2.png) [@Tectonic](https://forum.newyorkyimby.com/u/Tectonic)\
**Post date:** [March 5, 2018, 6:01pm UTC](https://forum.newyorkyimby.com/t/new-york-the-torch-740-8th-ave-1029-ft-52-floors/235/33 "2018-03-05T18:01:30Z")

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Looks like something you’d see in China or UAE not NYC.

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**Author:** ![robertwalpole](https://sea1.discourse-cdn.com/flex019/user_avatar/forum.newyorkyimby.com/robertwalpole/32/15739_2.png) [@robertwalpole](https://forum.newyorkyimby.com/u/robertwalpole)\
**Post date:** [September 2, 2019, 12:40pm UTC](https://forum.newyorkyimby.com/t/new-york-the-torch-740-8th-ave-1029-ft-52-floors/235/34 "2019-09-02T12:40:40Z")

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A great scoop by Yimby!

I believe that Extell owns all of the parcels on 8th. I wonder if there are lease issues with the tenants that haven’t evacuated, like the Trattoria.

> **[Possible Supertall In The Works as Extell Files Demolition Permits For...](https://newyorkyimby.com/2019/09/possible-supertall-in-the-works-as-extell-files-demolition-permits-for-724-726-eighth-avenue-in-midtown-west.html)**
>
> Demolition permits were filed by Extell for 724-726 Eighth Avenue, which is also addressed as 265 West 45th Street as seen in previous site proposals.

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<div class="post-metadata">

**Author:** ![Tectonic](https://sea1.discourse-cdn.com/flex019/user_avatar/forum.newyorkyimby.com/tectonic/32/186763_2.png) [@Tectonic](https://forum.newyorkyimby.com/u/Tectonic)\
**Post date:** [September 2, 2019, 2:21pm UTC](https://forum.newyorkyimby.com/t/new-york-the-torch-740-8th-ave-1029-ft-52-floors/235/35 "2019-09-02T14:21:52Z")

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Still just speculation at this point.

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**Author:** ![robertwalpole](https://sea1.discourse-cdn.com/flex019/user_avatar/forum.newyorkyimby.com/robertwalpole/32/15739_2.png) [@robertwalpole](https://forum.newyorkyimby.com/u/robertwalpole)\
**Post date:** [September 2, 2019, 2:33pm UTC](https://forum.newyorkyimby.com/t/new-york-the-torch-740-8th-ave-1029-ft-52-floors/235/36 "2019-09-02T14:33:30Z")

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Of course. I’d be surprised if this is taller than 900’. This is not an area where super expensive condos would sell.

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**Author:** ![YIMHudson](https://sea1.discourse-cdn.com/flex019/user_avatar/forum.newyorkyimby.com/yimhudson/32/2304_2.png) [@YIMHudson](https://forum.newyorkyimby.com/u/YIMHudson)\
**Post date:** [September 2, 2019, 2:54pm UTC](https://forum.newyorkyimby.com/t/new-york-the-torch-740-8th-ave-1029-ft-52-floors/235/37 "2019-09-02T14:54:06Z")

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I doubt it would be mostly condos. Maybe a number of them towards the top of the building, with hotel and offices beneath.

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**Author:** ![robertwalpole](https://sea1.discourse-cdn.com/flex019/user_avatar/forum.newyorkyimby.com/robertwalpole/32/15739_2.png) [@robertwalpole](https://forum.newyorkyimby.com/u/robertwalpole)\
**Post date:** [September 2, 2019, 3:49pm UTC](https://forum.newyorkyimby.com/t/new-york-the-torch-740-8th-ave-1029-ft-52-floors/235/38 "2019-09-02T15:49:34Z")

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I agree. I envision a very large hotel, rental apartments and maybe some condos.

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**Author:** ![Skyalign](https://sea1.discourse-cdn.com/flex019/user_avatar/forum.newyorkyimby.com/skyalign/32/128133_2.png) [@Skyalign](https://forum.newyorkyimby.com/u/Skyalign)\
**Post date:** [February 25, 2020, 11:43pm UTC](https://forum.newyorkyimby.com/t/new-york-the-torch-740-8th-ave-1029-ft-52-floors/235/39 "2020-02-25T23:43:36Z")

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![image](https://us1.discourse-cdn.com/flex019/uploads/yimby/original/3X/8/f/8ff001e5e4485a791168dacdc09d04edd81e8053.jpeg)

Interior demolition

Taken Yesterday

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<div class="post-metadata">

**Author:** ![YIMHudson](https://sea1.discourse-cdn.com/flex019/user_avatar/forum.newyorkyimby.com/yimhudson/32/2304_2.png) [@YIMHudson](https://forum.newyorkyimby.com/u/YIMHudson)\
**Post date:** [June 23, 2020, 3:53pm UTC](https://forum.newyorkyimby.com/t/new-york-the-torch-740-8th-ave-1029-ft-52-floors/235/40 "2020-06-23T15:53:28Z")

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some permit activity

> **[Permits Filed for 264 West 46th Street in Midtown, Manhattan - New York YIMBY](https://newyorkyimby.com/2020/06/permits-filed-for-264-west-46th-street-in-midtown-manhattan.html)**
>
> New York YIMBY says "Yes In My Backyard" to new development, covering construction and real estate from a pro-growth perspective.

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