Excavation is underway at 530 Sixth Avenue in Chelsea, in preparation for the construction of a 12-story residential building. Located at the corner of Sixth Avenue and West 14th Street, the 63,000-square-foot project is designed by Morris Adjmi Architects and is being developed by Landsea Homes and DNA Development, which purchased the property for $53 million from Extell in the fall of 2018.
The cubic structure of the Ronald O. Perelman Performing Arts Center is taking shape at the World Trade Center complex in the Financial District. The site has seen a tremendous amount of progress since YIMBY’s November update. Designed by REX and developed by the Port Authority of New York and New Jersey with Davis Brody Bond Architects as the executive architect, the 138-foot-tall structure is situated immediately to the east of One World Trade Center.
Construction has topped out on 120 Water Street, a 28-story Hotel Indigo in the Financial District. Designed by Gene Kaufman Architects and developed by Atlas Hospitality, the slender reinforced concrete superstructure will yield 52,000 square feet with 128 hotel rooms managed by Fortuna Realty Group.
Work on the reconstruction of the historic Tin Building is making swift progress in the South Street Seaport District. Located on the rebuilt Pier 17 and next to the FDR Drive, the three-story steel-framed structure is being rebuilt 32 feet away from its original location and six feet higher above sea level. The 53,000-square-foot commercial project is designed by SHoP Architects and developed by the Howard Hughes Corporation, with Plaza Construction as the construction manager.
The new and upgraded Elizabeth H. Berger Plaza is quickly taking shape in the Financial District. The project combines two underutilized concrete plazas and merges them together to form a singular green public space that measures about two-thirds of an acre. George Vellonakis is the landscape architect of the property, which sits on what used to be a neighborhood called Little Syria. The park is named after the late Downtown Alliance president Elizabeth Berger, who died in 2013.
