50 Trinity Place

Foundations Nearing Street Level for Aloft Hotel at 50 Trinity Place in the Financial District

Foundation work is progressing rapidly at 50 Trinity Place, as steel rebar and formwork for the sub-story levels are now reaching street level. Excavation and pilings were still ongoing at the time of YIMBY’s late-July update and now work will soon commence for the superstructure of the ground-up Aloft Hotel. Located in the Financial District at the corner of Trinity Place and Rector Street, diagonally across from Trinity Church, the hotel is designed by Peter Poon ArchitectsFIT Investment Corporation is the developer of the project, and purchased the Lower Manhattan site for $15 million from Sam Chang in 2012.

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50 Trinity Place’s Foundation Work Progressing in the Financial District

Excavation and pilings work are underway at 50 Trinity Place in the Financial District, where a 28-story Aloft Hotel will soon rise. The corner property will yield 77,310 square feet and 173 rooms, with seven to eight rooms per floor. There will also be a ground-floor restaurant adjacent to the main lobby, as well as a fitness center on the second floor for hotel guests. The project is designed by Peter Poon Architects and developed by FIT Investment Corporation, which purchased the Lower Manhattan property for $15 million from Sam Chang in 2012.

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50 Trinity Place

Revealed: 50 Trinity Place

A new hotel is about to begin rising at 50 Trinity Place, and it will stand approximately 35 floors. The project’s developer had been Sam Chang — who had commissioned a Gene Kaufman design –…

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