Four years after TSX Broadway’s main developer acquired the entertainment, retail and hotel project, the anticipated raising of the Palace Theatre 30 ft from the ground into the new building finally happened Jan. 7.
On the first snowy day of the year, workers and executives for the various engineering firms on the project team scurried busily in the subcellar beneath the theater box, where the lifting system -- a hybrid between a structural steel shoring post and a hydraulic jack -- had been positioned. More than 30 of the massive hydraulic posts sat snugly under the bottom of the 109-year-old Times Square venue, ready to start the 6- to 8-week upward trajectory within minutes of ENR's visit.