YIMBY recently revealed the latest images for 125 Greenwich Street, which has continued to see minor modifications to its design. Though the tower’s foundation work has been completed for about two years, the site has sat fallow while searching for financing. The refreshed renderings came with recent news that the project secured a $450 million construction loan, and now, with financing secured and the plans for the building finalized, rebar is finally rising.
The photos come from YIMBY Forum User JC_Heights, and while the amount of progress has not yet been significant, there has been very noticeable growth since the last update on July 11th. The building will eventually stand 912 feet to its pinnacle, rising 72 floors in all, and containing 273 condominiums that will average about 1,300 square feet apiece.
No formal completion date for 125 Greenwich has been announced yet, but a 2019-2020 estimate would not be unreasonable. The site is being developed by Bizzi & Partners and Vector Group, and Rafael Vinoly is the architect.