The Lightstone Group is now exploring market demand for a 244-unit condominium tower at its Financial District development site at 130 William Street. The developer is abandoning previous plans, filed in March 2015, for a 50-story residential-hotel tower, The Real Deal reported. The latest building applications at the Department of Buildings have been amended to reflect the change in plans. Although the number of units don’t match reports, the latest filings detail a 61-story, 188-unit tower with 15,373 square feet of retail across the cellar through second floors. The structure would measure 386,588 square feet and rise 750 feet in height. Goldstein, Hill & West Architects is the architect of record.
The 12,032-square-foot development site also fronts Fulton Street. Demolition is currently underway on two structures that remain: a 12-story commercial building at 130 William Street and a six-story mixed-use building at 94 Fulton Street.
Demolition on 130 William Street in November 2016. Photo by rbrome via the YIMBY Forums.
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Don’t be hesitated onto construction plans and tower, the project is answering totally reasoned for city.