Financial District

Preliminary rendering of 111 Washington Street, formerly 8 Carlisle Street

Below-Grade Work Progresses at 111 Washington Street in Manhattan’s Financial District

The ninth-tallest building on our year-end construction countdown is 111 Washington Street, a 712-foot-tall residential skyscraper in Manhattan’s Financial District. Designed by Handel Architects and developed by Carlisle New York Apartments and Grubb Properties, which closed on a $48 million loan for the project over the summer, the 64-story structure will span 326,221 square feet and yield 462 residential units, 7,000 square feet of commercial space, and a 60-foot-long rear yard. Consigli Construction is the general contractor for the property, which is alternately addressed as 8 Carlisle Street and located at the corner of Washington and Carlisle Streets.

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7 Platt Street’s Foundations Reach Street Level in Manhattan’s Financial District

At number 23 on our annual countdown of the tallest projects underway in New York is 7 Platt Street, a 464-foot-tall mixed-use building in the Financial District of Lower Manhattan. Designed by Hill West Architects with interiors by Fogarty Finger and developed by The Moinian Group, the 37-story structure will span 267,760 square feet and yield 250 rental apartments with an average scope of 680 square feet, as well as 43,740 square feet of retail space on the first five stories and 34 below-grade parking spaces. Titanium Construction is the general contractor for the property, which is alternately addressed as 110 John Street and located on an interior lot bound by John Street to the north and Platt Street to the south.

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Photo of 195 Broadway by Alan Schindler

Payoneer to Relocate Headquarters to 195 Broadway in Financial District, Manhattan

Financial technology firm Payoneer has finalized a ten-year lease agreement to move its headquarters to 195 Broadway in Manhattan’s Financial District. The company will occupy a 42,000-square-foot space spanning the entire 27th floor of the historic 29-story Neoclassical building starting in spring of 2024. This relocation marks one of the more significant office relocations from Midtown to Lower Manhattan this year.

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Seaport Residences Remains Indefinitely Stalled at 161 Maiden Lane in Financial District, Manhattan

Leading off our Turkey Week rundown of prominent stalled projects in New York City is Seaport Residences, a 60-story residential skyscraper at 161 Maiden Lane along the border of Lower Manhattan’s Financial District and the South Street Seaport District. Designed by Hill West Architects and developed by Fortis Property Group, the slender 670-foot-tall tower, originally dubbed One Seaport, was planned to span 200,000 square feet and yield 80 condominium units with interiors by Groves & Co. Ray Builders was the last general contractor to work on the beleaguered project, which stands on a narrow site bound by South Street and Maiden Lane, directly across from the FDR Drive and the East River.

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