Once the site of the electronic and music store J&R, 25 Park Row has risen tremendously quick above City Hall Park and the Lower Manhattan skyline in the past year alone. Excavation and foundation work only began in 2017, but the halfway mark for construction was reached in early August. Since then, a new rendering of the 49-story and 665-foot residential skyscraper has been revealed, and work has progressed to the final upper floors directly below the extruded crown that tops the building.
23 Park Row
It’s up, up, and away for the new residential skyscraper at 23 Park Row, which is now visible from the 9/11 Memorial. The tower is being designed by COOKFOX Architects, and the developers are L&M Development Partners and the J&R Music Store founders, whose business formerly occupied the same site. The structure will soon rise 54 stories into the Lower Manhattan skyline, to a height of 702 feet. The lot sits in between 1 Beekman, aka “The Pearl on The Park,” which has now topped-off, and the 119-year old Park Row Building. The latter is about to be surpassed in height by its new neighbor, most likely by the beginning of August.
Construction is moving along quickly for two new towers on City Hall Park. The park is one of just three major public outdoor areas in the Financial District, making any development around it particularly important. The buildings photographed for this article are 25 Park Row and 1 Beekman Street, which will add a combined 142 new condominiums and nearly 67,000 square feet of commercial space to the neighborhood.
The last time YIMBY reported on progress at 23 Park Row, on the northern edge of the Financial District directly across from City Hall Park, excavation work had mostly wrapped, and foundation pouring had just begun. Four months later, concrete for the base of the soon-to-be 54-story tower has mostly wrapped, and formwork has breached street level, signaling the skyscraper’s rise is about to begin in earnest.
On the northern edge of the Financial District, construction is making major headway on the site comprising 23 Park Row, which will imminently stand 54 floors and 701 feet to its rooftop. YIMBY reported on permits back in April of 2016, before posting the first renderings last June. The tower, designed by COOKFOX Architects, will become one of the more prominent residential buildings in the neighborhood, and foundation work at the site has now begun.