This week YIMBY checked out 75 Nassau Street, the planned site of a striking tree-topped residential skyscraper designed by ODA and developed by Lexin Capital. Located in the Financial District, the plot from which the 498-foot-tall, 312,000-square-foot tower is due to rise currently sits empty, with no recent signs of activity since the demolition of five buildings that once stood on the land.
75 Nassau Street
When YIMBY last visited the site of ODA‘s planned tree-topped skyscraper at 75 Nassau Street, the remaining buildings were still being demolished. Now, the lots for the 40-story tower are completely empty and cleaned up. Five buildings had to be razed to make way for the future 498-foot tall, 312,000 square foot structure, which promises to make a unique imprint on the Lower Manhattan skyline. Lexin Capital is the developer of the project, which appears to be stalled at the moment, with no progress since demolition currently visible.
Five buildings have now been demolished at 75-83 Nassau Street, just a block away from the Fulton Street transportation hub in the center of the Financial District. The activity will make way for Lexin Capital’s proposed 40-story residential skyscraper designed by ODA. New building permits are still awaiting approval, but recent activity on site suggests increasing momentum toward actual construction.
The last time YIMBY reported on plans for 75-83 Nassau Street was back in June of 2015, when we featured a fresh set of renderings for the 40-story tower, which is being designed by ODA New York. Building applications were filed a few months before that, in March of 2015, but the site’s old structural occupants remain extant. Now, as of last week, demolition permits have finally been issued, indicating developer Lexin Capital is about to begin work.
Back in late April, YIMBY posted the first rendering for the ODA-designed tower coming to 75 Nassau Street, which is being developed by Lexin Capital. Now, we have a new set of images for the 40-story building, which will soon rise on the corner of Nassau and Fulton Streets in the Financial District.