Articles by Michael Young

125 Greenwich Street Remains Stalled in Financial District

YIMBY’s Turkey Week update of stalled projects turns next to 125 Greenwich Street, a 912-foot-tall residential skyscraper that has been sitting quiet in the Financial District for most of 2020. Designed by Rafael Vinoly and developed by Bizzi & Partners and Vector Group, the 88-story structure will yield 273 residential units with interior design by March & White and sales and marketing handled by Douglas Elliman. Plaza Construction is the general contractor for the project.

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Seaport Residences Indefinitely Halts Construction in Financial District

YIMBY’s Turkey Week tour of stalled projects continues with Seaport Residences, a 60-story residential skyscraper formerly known as One Seaport at 161 Maiden Lane in the Financial District. Designed by Hill West Architects and developed by Fortis Property Group LLC with Ray Builders serving as the contractor, work has been on hold for the 670-foot-tall tower, which as planned would bring 200,000 square feet of residential space to the South Street Seaport DistrictGroves & Co is the interior designer for the 80 units, which are being managed by Douglas Elliman Development Marketing.

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Construction on 45 Park Place Remains Stalled in Tribeca

YIMBY’s Turkey Week tour of stalled projects continues with 45 Park Place, a 667-foot-tall residential skyscraper in Tribeca. Designed by SOMA Architects with Ismael Leyva Architects as the executive and residential architect, the 43-story tower has been on hold since late 2019. Sharif el-Gamal of Soho Properties is developing the project, with Piero Lissoni serving as the interior designer. 45 Park Place is located between Church Street and West Broadway, just to the north of the border with the Financial District. Permasteelisa Group and Vidaris are the façade consultants.

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168 Plymouth Street’s Conversion And Expansion Continues in DUMBO, Brooklyn

Work is continuing on the loft conversion and two-story expansion of 168 Plymouth Street in the DUMBOBrooklyn Historic District. Led by Alloy Development, the development will bring 46 units to a 100-year-old structure that was once the home of the Concrete Daylight Factory at 42 Jay Street. The adjacent 130-year-old Brick & Timber Building at 50 Jay Street is also part of the project and is undergoing renovations as well as a one-story expansion. The site is located at the southwestern corner of Plymouth and Jay Streets, a short walk from the East River and Brooklyn Bridge Park.

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