On the northern edge of the Financial District, construction is making major headway on the site comprising 23 Park Row, which will imminently stand 54 floors and 701 feet to its rooftop. YIMBY reported on permits back in April of 2016, before posting the first renderings last June. The tower, designed by COOKFOX Architects, will become one of the more prominent residential buildings in the neighborhood, and foundation work at the site has now begun.
The photos of progress come from rbrome, and show that excavation has pretty much wrapped up, with concrete pouring now starting in earnest. The lot borders another project under construction at 1 Beekman, though that building will only rise 25 floors and 335 feet to its rooftop.
Department of Buildings filings for 23 Park Row show that the first four floors will hold approximately 52,000 square feet of retail space, while above that, the structure will contain 110 condominiums across 210,000 square feet of space, for an average unit size approaching 2,000 square feet.
Besides the progress on the structure itself, the latest renderings are also quite promising. COOKFOX’s design will complement the existing pre-war towers of City Hall Park nicely, with proportions that play off the “wedding cake” style that characterizes the nearby Municipal and Woolworth Buildings. The limestone exterior will also harken to the towers of yesteryear, while the inclusion of four floors of retail space will most definitely bring the immediate surrounds into the twenty-first century, enhancing a blockfront that has long been neglected (at least on the frontage facing Beekman).
L&M Development Partners and the founders of the J&R Music Store are developing 23 Park Row, and completion is anticipated by the end of 2020.