| The Torch 740 Eighth Avenue | |
|---|---|
 Artist's impression | |
 Interactive map of The Torch 740 Eighth Avenue | |
| General information | |
| Status | Under construction |
| Type | Hotel |
| Location | 740 8th Avenue, New York, NY 10036, U.S. |
| Coordinates | 40°45′34″N73°59′16″W / 40.75944°N 73.98778°W /40.75944; -73.98778 |
| Construction started | 2022; 3 years ago (2022) |
| Estimated completion | 2027; 2 years' time (2027) (revised timeline pending) |
| Height | 1,067 feet (325 m) |
| Technical details | |
| Floor count | 52 |
| Design and construction | |
| Architect | ODA Architecture |
| Developer | Extell Development Company |
| Other information | |
| Number of rooms | 825 |
740 Eighth Avenue, also known asThe Torch,[1] is a supertall hotel skyscraper under construction inMidtown Manhattan,New York City, designed by ODA Architecture. It is planned to reach a height of 1,067 feet (325.1 meters) and originally expected to be completed in 2027. Construction stalled as of March 2024,[2] but restarted in June 2025.[3]
Construction stalled in March 2024, and theNew York City Department of Buildings confirmed no activity at the site during inspections in May 2024. While no official stop-work orders have been issued, the site faced legal and logistical issues, including lawsuits over unsafe conditions and unpaid services owed to subcontractors.[4] The project has also been embroiled in financial disputes, with Extell and its contractors reportedly owing over $2 million to Bronx-based CFS Steel Company for unpaid services. Despite the challenges, the foundation had been completed, and diagonal beams buttressed the retaining walls in preparation for resumed activity.[4]
Residents and businesses near the site, including the Playwright Celtic Pub, welcomed the pause in construction, citing relief from excessive noise and disruption. However, the incomplete state of the project continued to negatively impact the area's economy.[2]
Construction restarted in June 2025.[5]
The 52-story, 1,067 ft (325 m)[6] building will incorporate a 260-footdrop tower and a 360 degree observation deck. The Torch's design, featuring a 500-foot spiraling glass structure at the top, is inspired by the Statue of Liberty's torch. Additional amenities include retail space, a restaurant, a VIP lounge, and a pool deck for hotel guests. Renderings showcase its prominent position in the Midtown skyline.[7]
