111 Washington Street Skyscraper Put On Hold in Financial District, Manhattan

Preliminary rendering of 111 Washington Street, formerly 8 Carlisle StreetPreliminary rendering of 111 Washington Street, formerly 8 Carlisle Street

The next building on our Turkey Week rundown of stalled projects is 111 Washington Street, a 64-story residential skyscraper in Manhattan’s Financial District. Designed by Handel Architects and developed by Carlisle New York Apartments and Grubb Properties, which closed on a $48 million loan for the project last summer, the 820-foot-tall structure will span 326,221 square feet and yield 462 residential units, 7,000 square feet of commercial space, and a 60-foot-long rear yard. The property is alternately addressed as 8 Carlisle Street and located at the corner of Washington and Carlisle Streets, south of the nearby World Trade Center complex.

Additional work has occurred on the foundations since our last update in early August, when crews were in the process of laying rebar for the slab and perimeter walls. Recent photographs show these elements largely completed, with additional bundles of rebar protruding where the inner substructure walls and columns will be located. All construction equipment has been removed from the site, and it is currently unclear when work will resume.

Photo by Michael Young

Photo by Michael Young

Photo by Michael Young

Photo by Michael Young

Photo by Michael Young

Photo by Michael Young

Photo by Michael Young

No full-scale renderings have been revealed for 111 Washington Street apart from the header photo from the construction board, which previews the multi-story podium and its stepped corner void surrounding the entrance. The tower appears to be clad in a glass curtain wall with a dense grid of white mullions, though only the first few stories are visible in the image.

Planned residential amenities include a fitness center, swimming pool, an outdoor rooftop terrace with entertainment spaces, and a tenant lounge. Additional amenities will include a full-time doorman, a live-in superintendent, and bike storage.

The closest subways from the corner property are the 1 train at the Rector Street station to the south along Greenwich Street, the R and W trains at the Rector Street station at Trinity Place, and the 4 and 5 trains at the Wall Street station on Broadway.

111 Washington Street’s anticipated completion date was originally scheduled for the summer of 2026. A revised timetable has not been announced.

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6 Comments on "111 Washington Street Skyscraper Put On Hold in Financial District, Manhattan"

  1. David : Sent From Heaven. | November 28, 2024 at 8:51 am | Reply

    It was a nice stalled even though there is no pouring concrete, but the rebar I saw gave me more than 50 percent hope: Thanks to Michael Young.

  2. Happy thanksgiving everyone 🍾🎉

  3. Interesting so many stalled projects in FiDi.

  4. Whoops! Another stalled skyscraper! Maybe they’ll came back to work on it as a Black Friday deal. 45-50% off the original price! *just a Christmas dream?*

  5. Let’s make it a “plaza for the public” & the rebar modern art. Then try for a tax break.

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