In January of 2014, YIMBY brought you news that 45 Broad Street, in the Financial District, was placed on the market. Now the property is in contract, and Madison Equities, partnering with AMS Acquisitions, is the buyer. The price — expected to be north of $100 million — has not been disclosed. The site has 265,000 square feet of development rights, and a 62-story Nobu Hotel was planned prior to the 2008 financial crisis.
The Financial District’s rapid transformation from an office to a residential neighborhood has been immensely beneficial to Lower Manhattan, and the area’s recent boom has been mostly free of architectural casualties. But that’s about to change thanks to demolition beginning on the old vestry at 68-74 Trinity Place, which will soon be removed to make way for a new Pelli Clarke Pelli-designed mixed-use building standing almost 500 feet tall.
Last year, Chinatown-based developer Urban Muse snapped up one of the last major development sites near City Hall, 1 Beekman Street, for $52 million. Now SLCE Architects has filed plans for a 25-story residential tower on the site, also known as 33-34 Park Row.
The site at 151 Maiden Lane has gone through several different designs, revealed by YIMBY over the past few years, and while we’ve posted what appears to be the final look for the site’s 51-story residential tower, its hotel component has been missing. But now, YIMBY has the first renderings of the future Marriott, designed by Peter Poon, which will actually fit in fairly nicely with its surroundings.
Back in May of 2014, One Wall Street was acquired by Harry Macklowe from BNY Mellon for $585 million, with plans to convert the building from office to residential use. The Ralph Walker-designed tower is one of the most iconic skyscrapers in the Financial District, from its limestone exterior, to the vulcan-inspired Red Room, all the way to the former executive smoking room/observation lounge at the tip-top of the building. And now YIMBY has the first renderings of what the building will eventually look like, courtesy of a tipster, who sent along CetraRuddy-designed plans that transform the building’s base into a major retail destination, and its upper floors into condominiums and a hotel.
The narrow blocks next to the Fulton Transit Center are about to get a little more crowded, now that plans have been filed for a 26-story hotel at 143 Fulton Street, between Broadway and Nassau Street.
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.
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.
The Moinian Group owns a 29-story residential and office building at 100 John Street in the heart of the Financial District, and now they want to add a 24-story addition to the five-story commercial building next door at 102 John Street, making the buildings the same height.
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.