Two-and a-half years ago, YIMBY revealed renderings for a 28-story hotel at 50 Trinity Place in the Financial District. Now we have fresh images of the development, which is going to be an Aloft Hotel.
The project appears to be stuck in limbo with the Department of Buildings, with plans first filed back in 2013. The latest plans call for 173 rooms spread across 77,310 square feet of commercial space. A restaurant and lobby would occupy the ground floor, followed by a break room and gym on the second floor, and seven to eight rooms apiece on each of the remaining stories.
Peter Poon Architects is designing the building, which will feature a gray, seven-story base, topped by a set-back white tower. The main entrance will face Trinity Church and feature a double-height, glassed-in atrium. Poon’s firm has handled the design for several hotels in the city, including the conversion of the Knickerbocker Hotel near Times Square, the Archer Hotel in the Garment District, and the AC Hotel at 151 Maiden Lane.
The Aloft chain already has locations in Harlem, Chelsea, and Downtown Brooklyn, as well as one a few blocks away from 50 Trinity Place, also in the Financial District.
FIT Investment Corporation, headed by Peter and Belinda Zen, are developing 50 Trinity Place. The company purchased the site at the corner of Rector Street for $15 million from hotelier Sam Chang in 2012.
Next door on the same block, a 500-foot-tall condo tower designed by FXFOWLE is about to replace a shuttered SYMS clothing store at 42 Trinity Place, also known as 77 Greenwich Street. Although YIMBY previously speculated that the developer of 42 Trinity would purchase FIT’s hotel site or its air rights, public records don’t support that.