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What's happening in your backyard? YIMBY News delivers the day's top five new development stories to your inbox every weekday morning.

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Financial District


5 Beekman Street, photo by Rich Brome

Construction Update: The Beekman, Financial District

The 51-story tower rising at 5 Beekman Street, next to the landmarked, 19th century office building known as Temple Court, is close to topping out. A reader sent along these construction shots and told YIMBY that workers are constructing the top four floors of mechanicals for the 700-foot-tall structure.

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50 West Street

50 West Street Climbing Quickly, Now 50 Stories Tall, Financial District

Time Equities’ 64-story, 191-condo-unit luxury tower under construction at 50 West Street, in the Financial District, is now 50 stories up, according to Curbed. Construction has progressed quickly; last November, the structure was just three stories tall, and by March, it was half of its current height. Units are now 50% sold out, and completion is slated for 2016. Helmut Jahn is designing, and the tower will also include roughly 21,100 square feet of commercial space, with retail and office condominiums spanning the first two stories.



Two World Trade Center, image from Silverstein Properties

Design Changes at 175 Greenwich Street, aka 3 World Trade Center

Construction is finally moving ahead at 175 Greenwich Street, aka 3 World Trade Center, which will be the third tallest building in the complex. But with momentum picking up across the entire site, and 200 Greenwich Street set to rise thanks to a redesign by Bjarke Ingels/BIG, 175 Greenwich Street has also seen some design changes, and 3 World Trade Center has now lost its spires in favor of a more streamlined roof.

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World Trade Center Transit Hub

World Trade Center Transit Hub Receiving Finishing Touches, Financial District

Last October, construction was making quick progress at the World Trade Center Transit Hub, dubbed the Oculus, and the structure is now receiving its finishing touches. Platform B of the PATH’s WTC station has now opened to the public, and Platform C is currently being reconstructed. According to Curbed, glass installation for the structure’s skylight is also underway.

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125 Greenwich Street

New Design For 125 Greenwich Street, the Financial District’s First Residential Supertall

Last September, YIMBY revealed a new design for 125 Greenwich Street, a supertall planned for the corner of Thames and Greenwich Streets, just across from the new World Trade Center. Now, we have updated images of the project, which has seen significant modifications since those images were released; nevertheless, the Rafael Viñoly-designed building will still stand well over 1,000 feet in height, and is set to become Manhattan’s tallest residential tower south of 57th Street.

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The new World Trade Center, image from Silverstein Properties

Interview: Bjarke Ingels on New Design for 200 Greenwich Street, aka Two World Trade Center

YIMBY sat down with Bjarke Ingels to talk about his firm’s design for 200 Greenwich Street, aka Two World Trade Center. Despite public outcry following the change from the Norman Foster version of the tower, BIG’s innovative and forward-thinking building will truly respond to the human needs of its tenants, while also punctuating the Downtown skyline with a 1,340-foot take on a classic ziggurat. We’ve also obtained a few additional renderings of the soon-to-be icon’s impact on the cityscape.

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2 World Trade Center

Bjarke Ingels-Designed 2 World Trade Center Revealed, Financial District

Wired revealed renderings earlier today of Bjarke Ingels’ fantastic vision for 2 World Trade Center, also known as 200 Greenwich Street. Last week, News Corp. and 21st Century Fox signed a letter of intent to lease 1.3 million square feet at Silverstein’s 2 World Trade Center, in the Financial District, which would warrant the building’s redesign by BIG and eventual construction.

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