In the first half of 2014, YIMBY reported on building applications for a nearly 600-foot-tall luxury residential tower at 45 Park Place, in Tribeca, and later that year, we revealed preliminary renderings of the project. Now, Bloomberg Business has the latest news on the tower, as well as an update on the design. The building will have 43 actual stories and will top out 667 feet above street level, up from the 39-story and 597-foot figures reported earlier. The latest filings call for 50 condominiums, and at least 15 will reportedly be full-floor units measuring 3,200 to 3,700 square feet. The 134,304 square-foot building will also incorporate 1,089 square feet of ground-floor retail.
Sharif El-Gamel’s Soho Properties is the developer, and SOMA is the design architect, while Ismael Leyva Architects is serving as the architect of record. Demolition of the site’s old four- and five-story buildings is nearly complete, and ground breaking is expected before 2016, with completion currently expected in 2017.