A few blocks south of the World Trade Center, at 100 Greenwich Street, Sam Chang once had plans to build a 32-story hotel, designed by favorite architect Gene Kaufman.
But the hotelier decided to shift his focus to 99 Washington Street, around the corner, which has since been completed and wears the dubious crown as the world’s tallest Holiday Inn. He sold the 49-foot-wide parcel spanning 98-100 Greenwich in January 2013 for $19 million (a good deal for Chang, given that he picked it in 2006, near the height of the last market cycle, for $15.2 million).
And now, YIMBY has the first look at the design of the site’s new design, thanks to a sign on the construction fencing. The budget lodging will have a white façade and characteristic PTAC units punched beneath each window, but at least improves on the genre with a base that meets the street on the ground level (which, oddly enough, is set back except for the middle portion for a few floors above the first). Like the earlier proposal, it will also be designed by Gene Kaufman, the city’s go-to architect for cheap hotels squeezed onto 25- and 50-foot lots.
The tower is set to rise 25 stories and 235 feet into the air, and is being developed by Bharat Patel’s Sun Moon New York LLC. It will contain 192 hotel rooms spread over nearly 68,000 square feet of usable commercial space, with eight units on each floor above the ground level (which will also have a restaurant) and an average room size of just over 350 square feet.
Per on-site signage, completion is targeted for spring 2016.
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