Demolition has finished at 110-112 Liberty Street in the Financial District, the site of a 30-story hotel designed by Stonehill & Taylor Architects. The property, which is being developed by Eddie Hidary of 112 Liberty Associates LLC, sits across from the base of Four World Trade Center, aka 150 Greenwich Street, and to the west of Zuccotti Park and Church Street.
Photos show what the property looks like today. All that is visible are the sidewalk scaffolding and green construction. The old low-rise building is gone and work should soon begin on excavation and foundation work.
110-112 Liberty Street is one of several hotels springing up across the Financial District, a neighborhood that continues to see a rise in tourism. New York City is on pace to have nearly 67 million tourists visit the metropolis this year, an increase from 2018’s total of 65 million, capping a decade where the number of visitors has surged, with each year topping the figures of the previous year. This has resulted in a rapid expanse of the hotel industry in tourism-heavy areas such as Times Square and Lower Manhattan.
Stonehill & Taylor Architects’ hotel sits across from a number of subway lines at the Oculus at the World Trade Center and at the Fulton Street subway station. 110-112 Liberty Street is also within one of the most walkable neighborhoods in New York City and is close to shops and dining destinations like Eataly and Market Lane at the Westfield World Trade Center mall and Le District at Brookfield Place across West Street.
YIMBY has not seen any final rendering, word of a hotel tenant, nor a completion date for 112 Liberty Street but will continue to track the progress of the site.