Financial District

1,436-Foot Tall 80 South Street Becomes Largest Likely Casualty Of Chinese-Owned Development Bust

Ever since the Beijing-based conglomerate China Oceanwide Holdings acquired two sites in New York’s South Street Seaport from Howard Hughes Corp. in the Financial District in 2016 for $390 million, the site’s future has remained as opaque as the company itself. Oceanwide apparently planned to build a mixed-use supertall as high as 1,436 feet at 80 South Street (which includes the second site it purchased from Howard Hughes at 163 Front Street).

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130 William rendering courtesy of Lightstone

Façade Installation Starts for David Adjaye’s 66-Story 130 William Street in The Financial District

130 William Street is one of the most highly anticipated buildings currently rising in Lower Manhattan, and after sales launched earlier this summer, another milestone is at hand. The hand cast and oversized concrete arches that will make up the façade, which are purposefully evocative of the city’s historic fabric from the 19th and early 20th centuries, are now quickly rising along the exterior. Adjaye Associates is responsible for the design.

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45 Broad Street

Ten Questions With Robert Gladstone of Madison Equities, Developer of Downtown’s First Residential Supertall Skyscraper, 45 Broad Street

The Gladstone family has a long history of construction in New York, and the family’s current venture, Madison Equities, was founded in the mid-1960’s. Now, Madison is behind what will imminently become the first actual residential supertall below 34th Street in Manhattan, with 45 Broad Street set to rise 1,127 feet to its peak. Last week, Madison Equities’ CEO Robert Gladstone sat down with YIMBY to talk about that project, as well as everything else in the firm’s pipeline for the Five Boroughs.

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125 Greenwich Street, image by Andrew Campbell Nelson

Rafael Viñoly-Designed 125 Greenwich Street Over Two-Thirds Complete

Downtown’s residential boom continues apace with the construction of 125 Greenwich Street, which has reached two-thirds of the way to its 912-foot-tall pinnacle on a corner overlooking the World Trade Center memorial. The tower will rise above most of its neighbors in the Financial District, but since it is right across from 1 World Trade Center, it will not make a sizable impact on the skyline. Architect Rafael Viñoly is also responsible for the Midtown supertall 432 Park Avenue.

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