Less than two weeks ago, the foundation was completed for a new mixed-use tower in the Financial District. Now, new renderings are out for the building going up at 125 Greenwich Street, thanks to the eagle-eyed contributors on the YIMBY Forums, and they would appear to confirm a final height exceeding 1,000 feet, given the tower will stand taller than the nearby 977-foot-tall 4 World Trade Center at 150 Greenwich Street.
125 Greenwich Street
Foundation work is now complete at 125 Greenwich Street, in the Financial District, the site of a planned 88-story, 273-unit mixed-use tower being developed by SHVO (headed by Michael Shvo), New Valley, and Bizzi & Partners Development. The concrete pit is now ready to make way for the tower portion, as seen in a photo by ILNY that was posted to the YIMBY Forums. The exact dimensions of building are not known, as the permits at the Buildings Department have yet to be amended, but we know it will rise 898 feet above street level (per Curbed NY) and will encompass roughly 450,000 square feet. There will be 20,000 square feet of retail space in its base and 16,000 square feet of residential amenities, including multiple terraces throughout the tower. The residential units will also be condominiums, ranging from studios to a triplex penthouse. Rafael Viñoly Architects is behind the design. Earlier this year, the developers were in the process of securing financing through various sources. Completion is expected in 2018.
In January of 2016, filings were submitted to the Attorney General’s office for a 91-story, 275-unit luxury residential tower with retail space at 125 Greenwich Street, in the Financial District. Since then, foundation work has been underway and its developers – Michael Shvo, Vector Group, New Valley, and Bizzi & Parters Development – have been in talks to secure a roughly $500 million construction loan. Now, the New York Post reports $175 million in financing has been raised through the EB-5 program. New details also reveal the highest occupied floor will stand 990 feet above street level, although a crown will push the pinnacle of the supertall tower to a yet-to-be-determined height. Condominiums are expected to range from studios to a triplex penthouse. Rafael Viñoly Architects is the design architect. Completion is expected in 2018.
Over the summer, YIMBY revealed the latest renderings for the planned 1,000-foot-plus residential tower at 125 Greenwich Street (a.k.a 22 Thames Street), in the Financial District. Permits with the Department of Buildings have yet to depict such tower, but filings with the Attorney General’s office offer a more accurate description of what’s planned. According to The Real Deal, the building will stand 91 stories above street level. It will have 275 condominium units spread across 306,312 square feet of residential space. Specifically, the units will range from studios to three-bedrooms, with the largest unit measuring 3,625 square feet. Michael Shvo, Vector Group, and Bizzi & Partners are developing the tower and Rafael Viñoly Architects is designing it. The floor layouts suggest the final design has yet to be revealed, although foundation work is currently underway. Completion is expected in 2018.
Last September, YIMBY revealed a new design for 125 Greenwich Street, a supertall planned for the corner of Thames and Greenwich Streets, just across from the new World Trade Center. Now, we have updated images of the project, which has seen significant modifications since those images were released; nevertheless, the Rafael Viñoly-designed building will still stand well over 1,000 feet in height, and is set to become Manhattan’s tallest residential tower south of 57th Street.