Excavation Progresses at 15 Beekman Street In The Financial District, Manhattan

15 Beekman Street. Designed by Ismael Leyva Architects

Excavation is progressing at 15 Beekman Street, the site of a 27-story academic center and dormitory for Pace University in the Financial District. Designed by Manish Chadha of Ismael Leyva Architects and developed by SL Green Realty, the 338-foot-tall structure will yield 213,084 square feet with classrooms, dorms, a dining facility, a library, and a learning center. The building will be built with a cellar, sub-cellar, and a 20-foot-long rear yard. New Line Structures & Development LLC is the general contractor for the Lower Manhattan project, which is alternatively addressed as 126-132 Nassau Street and located at the corner of Beekman and Nassau Streets.

More machinery has arrived at the site since our last update in August, and excavators are steadily digging and hauling away dirt. From above we can see a clearer perspective of the corner lot. It will probably take a few more months before the first segments of the reinforced concrete foundation slab and perimeter walls begin to take shape. Superstructure work could likely begin toward the middle of next year.

15 Beekman Street. Photo by Michael Young

15 Beekman Street. Photo by Michael Young

15 Beekman Street. Photo by Michael Young

15 Beekman Street. Photo by Michael Young

15 Beekman Street. Photo by Michael Young

The architectural rendering is oriented looking south from across the corner at the overall building. There is a multi-story podium and the main building rising directly above. Both sections are clad in a uniform curtain wall of what looks like warm-colored bricks and vertical strips of floor-to-ceiling glass panels interspersed by dark spandrels. At the very top will be a flat roof parapet with mechanical equipment covered in ventilation grilles. The top of the podium is shown to include wraparound landscaping along the edges of the floor plate. Another upper setback is found on the southern side of the mixed-use structure and also appears to be populated with shrubs.

15 Beekman Street. Designed by Ismael Leyva Architects

15 Beekman Street is slated for completion in the summer of 2023, as noted on the on-site board.

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12 Comments on "Excavation Progresses at 15 Beekman Street In The Financial District, Manhattan"

  1. David : Sent From Heaven. | November 21, 2021 at 8:16 am | Reply

    Higher than trees, and vehicles on the street. It is certainly not a structure, created by nature. But I believe, it must be dignified by American standards: Thanks to Michael Young.

  2. I feel the power of the 60s. I like it.

  3. Based upon the architectural style of Pace.. this will be a most ordinary building .
    With the possibility of creating something with significant they have posted for the mundane

  4. beautiful, good for Pace and the neighborhood!

  5. David in Bushwick | November 21, 2021 at 9:50 am | Reply

    It’s a nice design that could be from another era. But it’s a sin the Vanderbilt Building and Beekman Pub were destroyed for this project. There’s a terrible multi-level parking garage just down the street that should have been the new building site.

    • I used to park in the Garage went I went to my meetings at the NYS Trial Lawyers Assn at 132 Nassau. An old, old building with one elevator, which was modern for its time. I always considered being among the mid and post Civil War 19th Century buildings downtown like being in a “living museum.”

    • Should’ve kept the pre-existing buildings as a base and built a new tower on top.

  6. I don’t have a problem with new development but if you are going to knock down a Mckim, Mead and White, it better be damn good. Its not Kaufman level offensive but still very bland.

  7. New York needs to invest more in its colleges and universities the way other states have. They are a huge driving force of innovation and the economy.

  8. The Beekman Hotel and Residence will really be boxed in now. Net effect, good for the neighborhood but another 2 plus years of construction can’t be good for business or resales.

  9. Should be much,much better

  10. they destroyed two century old historic buildings by Mckim, Mead and White, the Vanderbilt Building and Beekman Pub to put up this crap!
    More of NYC history down the drain for what?
    So sad this we allow these greedy developers, schools, churches and architects to destroy our city to put up pieces of sht buildings in the name of progress.

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