Extell was the city’s first developer to put up a residential building of 1,000 feet or greater, and while the construction of One57 was fraught with complications, practice will hopefully make perfect. Despite initial difficulties and buckling streets, the latest photos from Tectonic show One Manhattan Square is now making major headway, at 250 South Street.
The site also goes by the address of 227 Cherry Street, and YIMBY first reported on permits for the project back in April of 2014, before revealing renderings of the building earlier this year. Adamson Associates is the architect of record.
The tower will replace an old Pathmark with over 26,000 square feet of new retail while adding 787 apartments, while a neighboring 13-story building will house 205 lottery-allocated “affordable” units. The entirety of the development will comprise approximately 1.3 million square feet.
Documents filed for the project over the past two months corroborate a height figure of 72 floors, which translates into 800 feet, although the job application still lists the tower at 56 stories and 700 feet. A rendering posted on Bowery Boogie looks to show roughly 70 floors, which would corroborate the higher figure.
As for construction progress, partial job permits were approved in May and issued in June, and the entire site is now full of pilings and machinery. Concrete pouring also appears to have begun.
While the site’s elevation is beneficial in that the required digging was minimal, it is very risky in terms of flooding, as the property is already located within FEMA’s designated “special flood hazard areas,” which include land prone to a 1% annual risk of inundation.
Completion of the tower is expected by 2019.