50 Trinity Place’s Foundation Work Progressing in the Financial District

50 Trinity Place. Rendering by Peter Poon Architects

Excavation and pilings work are underway at 50 Trinity Place in the Financial District, where a 28-story Aloft Hotel will soon rise. The corner property will yield 77,310 square feet and 173 rooms, with seven to eight rooms per floor. There will also be a ground-floor restaurant adjacent to the main lobby, as well as a fitness center on the second floor for hotel guests. The project is designed by Peter Poon Architects and developed by FIT Investment Corporation, which purchased the Lower Manhattan property for $15 million from Sam Chang in 2012.

A recent shot shows a number of machines working in the tight space.

Excavation and pilings at 50 Trinity Place are both underway. Photo by Michael Young

50 Trinity Place is located at the western corner of Trinity Place and Rector Street, diagonally from Trinity Church and a short walk from the World Trade Center, Wall Street, and the Battery Park waterfront. The construction site itself is quite small, necessitating excavation and pilings work to proceed simultaneously in close quarters. Foundations will likely finish before the end of the year, and the reinforced concrete superstructure should begin to rise above street level in the first half of 2020.

A completion date for 50 Trinity Place has not been announced, though late 2020 or early 2021 looks probable.

Subscribe to YIMBY’s daily e-mail

Follow YIMBYgram for real-time photo updates
Like YIMBY on Facebook
Follow YIMBY’s Twitter for the latest in YIMBYnews


2 Comments on "50 Trinity Place’s Foundation Work Progressing in the Financial District"

  1. Dad! Look at this, these are works in progressing. Excavation and pilings are on the ground. Do you like design by Michael Young. Dad? (Thanks to Michael Young)

    • thank you david! | July 15, 2019 at 9:48 am | Reply

      Hey son! yup! those ARE works in progressing! and those designs are really crazy! do you think he took them with a Nikon designer? or maybe canon? who cares? they are reaaly uhu… designed, son!

Leave a comment

Your email address will not be published.