Financial District

29-Story, 250-Key Hotel Building Tops Out at 6 Water Street, Financial District

2:00 pm on August 22, 2016 By Reid Wilson

Since being eight stories in height when YIMBY checked in last October, the 29-story, 250-key hotel under development at 6 Water Street — located at the corner of Moore Street in the Financial District — has topped out. The construction progress can be seen thanks to a photo posted to the YIMBY Forums. The latest building permits indicate the 298-foot-tall structure measures 125,684 square feet. Guest amenities at the hotel will include storage for 10 bikes, a fitness center, a coffee shop, and a restaurant on the second floor. The hotel rooms will begin on the third floor. The hotel operator is not yet known. Magna Hospitality Group is the developer and Gene Kaufman’s SoHo-based architectural firm is responsible for the design. Since the majority of the hotel’s façade is already installed, completion later this year wouldn’t be surprising.

Rendering of the World Trade Center Performing Arts Center

Demolition Imminent for Temporary World Trade Center PATH Station

8:00 am on August 22, 2016 By Evan Bindelglass

The pieces of the new World Trade Center are finally falling into place. In March, the main concourse of the Santiago Calatrava-designed World Trade Center Transportation Hub, also known as the Oculus, opened. In June, Liberty Park opened and 3 World Trade Center topped out. Last week, the Westfield-operated mall at the Oculus, complete with an Apple Store, opened to the public. And now, it appears demolition is about to begin on the temporary PATH station, paving the way for the new Performing Arts Center to begin construction.

Foundation Work Underway for 30-Story, 298-Key Hotel Project at 143 Fulton Street, Financial District

6:30 am on August 18, 2016 By Reid Wilson

Foundation work is now beginning on the 30-story, 298-key hotel under development at 143 Fulton Street, in the Financial District. Progress on construction can be seen thanks to a photo posted to the forums. The latest building permits indicate the 364-foot-tall tower will encompass 128,690 square feet. It will contain retail space on the ground and second floors, followed by a restaurant on the third, and the hotel component on the fifth through 29th floors. Guest amenities include a fitness center and storage for 11 bikes. It’s not currently known who the hotel operator will be. YIMBY revealed a rendering of the project, being designed by SLCE Architects, back in March. Tribeca Associates is the developer and completion is expected in 2018.

Foundation Work Complete at 33-Story, 271-Key Marriott Hotel, 151 Maiden Lane, Financial District

11:00 am on July 29, 2016 By Reid Wilson

Foundation work is now complete for the 33-story, 271-key Marriott hotel under construction at 151 Maiden Lane, located on the corner of Front Street in the Financial District. The above photo is courtesy of the hotel’s developer, Pizzarotti-IBC. The latest building permits indicate it will encompass 139,891 square feet and stand 341 feet in height. Guest amenities will include a market on the ground floor associated with the hotel, storage for 11 bikes, a lounge, a fitness center, and a terrace on the sixth floor. The hotel rooms will be located on the third, fourth, and sixth through 30th floors. SoHo-based Peter Poon Architects is behind the design. Completion is expected in 2017. YIMBY previously revealed renderings of the project roughly a year ago.

Whole Foods Market Leases 44,000 Square Feet at 1 Wall Street Conversion, Financial District

6:30 am on July 29, 2016 By Reid Wilson

A Whole Foods Market will take up 44,000-square feet across the ground and second floors of 1 Wall Street, in the Financial District, Commercial Observer reported. The 50-story, 654-foot-tall office building – part of which is an individual landmark – is currently being converted into 155,000 square feet of commercial-retail space and 524 residential units. YIMBY reported on the Landmarks Preservation Commission’s approval of the planned alterations back in January and April. A rendering of the new store reveals that the Whole Foods will be located in the annex portion of 1 Wall Street. The annex portion is also being expanded at the top. Macklowe Properties is the developer. Robert A.M. Stern Architects and SLCE Architects are behind the architecture. The retailer is expected to open its doors in late 2018.

Foundation Work Underway at 57-Story, 80-Unit Residential Tower, 161 Maiden Lane, Financial District

6:00 am on July 29, 2016 By Reid Wilson

Foundation work is underway on the 57-story, 80-unit residential tower under construction at 161 Maiden Lane, located on the corner of South Street, in the Financial District. The construction photos were taken by the project’s general contractor, Pizzarotti-IBC. Dubbed 1 Seaport, it will measure 192,473 square feet and stand 670 feet over the East River, according to the latest building permits. The residential units will be condominiums, ranging from one- to four-bedrooms, and should average 1,726 square feet apiece. Two duplex penthouses will crown the tower. Amenities include private residential storage, storage for 37 bikes, a lounge on the fourth floor, a fitness center, a children’s playroom, and a lounge, pool, and sauna on the 27th floor. YIMBY has been revealing renderings of the evolving project since 2012, with the latest batch released in the spring. Goldstein, Hill & West Architects is the architect, while Groves & Co. is the interior designer. Fortis Property Group is the developer, and construction is expected to be complete in early 2018.

Rendering of east side elevator for Broad Street J/Z subway station

45 Broad Street Supertall Coming with New Subway Elevators, Financial District

8:00 am on July 28, 2016 By Evan Bindelglass

The supertall mixed-use tower planned at 45 Broad Street will shimmer at its apex, over 1,100 feet above the streets of Lower Manhattan. But at ground level, the Financial District project will bring new services to those who won’t even enter the building. On Tuesday, the Landmarks Preservation Commission voted to approve new subway elevators planned on Broad Street.

39-Story, 320-Key Marriott Hotel Rises Above Street Level at 215 Pearl Street, Financial District

6:30 am on July 26, 2016 By Reid Wilson

Construction is now three stories above street level at 215 Pearl Street, located on the corner of Platt Street in the heart of the Financial District, where a 39-story, 320-key hotel is planned. The construction progress can be seen thanks to photos posted to the YIMBY Forums by user rbrome. The hotel — which YIMBY first reported on in September of 2012 — will be a Courtyard & Residence Inn by Marriott. The latest building permits indicate it will encompass 165,655 square feet and stand 396 feet in height. The hotel rooms will be located on the fifth through 37th floors, while retail space will occupy some of the ground floor. Guest amenities include bike storage, a restaurant, meeting rooms, a fitness center, and a roof garden on the 38th floor. Lam Group is the developer and Nobutaka Ashihara Architect is the architect of record. Completion is expected in the summer of 2017.

Public Plaza, Pedestrian Bridge Outside 50 West Street Revealed, Financial District

4:00 pm on July 25, 2016 By Reid Wilson

Now that exterior work has completed on 50 West Street – the 64-story, 191-unit mixed-use tower dubbed simply “50 West” under development in the Financial District – crews are now focused on building a 6,800-square-foot public plaza around the base of the building and a pedestrian bridge over West Street (a.k.a. the West Side Highway). Renderings of the spaces have been revealed by the Wall Street Journal. The 24-hour plaza will feature an art gallery, a café, vegetation, and seating. The pedestrian bridge, dubbed the West Thames Street Bridge, will feed directly into the plaza. It will boast steel structural supports and a glass roof and walls. The New York City Economic Development Corporation (NYCEDC) is building the new pedestrian bridge, which will replace the Rector Street bridge located a block northward. Demolition of the Rector Street bridge and construction of the new one is expected to last two years.

Reveal for 24-Story, 122-Key Hotel Indigo at 120 Water Street, Financial District

6:00 am on July 25, 2016 By Reid Wilson

A rendering has been revealed of the 24-story, 122-key Hotel Indigo planned at 120 Water Street, in the Financial District, by the Commercial Observer. The new building will encompass 51,600 square feet and guest amenities will include a fitness center, a restaurant & bar on the ground floor, a rooftop bar & lounge on the top floor, and bike storage space in the cellar. The hotel rooms should average 360 square feet apiece. Long Island-based Atlas Hospitality is the developer and Gene Kaufman’s SoHo-based architectural firm is the architect of record. Since YIMBY’s report on the planned hotel in December of 2014, the project has shrunk from 31 stories and 150 rooms to 24 stories and 122 rooms. The project also has a different developer and architect. The 36-foot-wide, 2,877-square-foot assemblage is currently occupied by four- and five-story mixed-use buildings. Demolition permits were filed in November of 2015. Completion of the new hotel is scheduled for the spring of 2018.

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