The last time YIMBY checked in on The Lightstone Group’s 130 William Street back in August, excavation work was still underway, as the exteriors of neighboring buildings were also being faced in a protective covering. Now, per the latest from rbrome, concrete trucks have arrived on-site, as foundation work has also started, signaling that the soon-to-be 800′ tower is about to start rising.
130 William Street
YIMBY has reported extensively on Lightstone’s impending condominium tower coming to 130 William Street, in the heart of the Financial District. Plans have evolved substantially since initial building applications were filed back in March of 2015, and initial plans for a mixed-use building with a substantial hotel component were dropped for the all-condominium version as of early 2017. Demolition of the site’s extant structures has since been completed, and now excavation is making quick headway, as per the latest photos from rbrome.
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.
Six months ago, the Lightstone Group (of Gowanus megaproject fame) sold their site at 112-118 Fulton Street in the Financial District for $171 million, to San Francisco-based Carmel Partners. But that doesn’t mean the developer…