Since its founding in 1990, Kenneth Horn’s Alchemy Properties has acquired over two million square feet of residential space in New York City. During those 28 years, Mr. Horn has personally overseen the sales of $2 billion of real estate, all with a staff of about thirty people. With a full slate of new developments in the works, YIMBY sat down with Ken to discuss the firm’s current plans.
Located at 143 Fulton Street in the Financial District, the new 364-foot-tall and 298-room Moxy hotel is almost complete, with the final exterior finishes underway at the base of the tower. Two entrances to the building are located on Fulton Street and Ann Street, and up above, the project features a dark glass facade atop a four-story podium. SLCE Architects is the architect, while the developer of the nearly 129,000 square foot property is Tribeca Associates. Interiors are being done by Stonehill & Taylor.
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.
Since we last checked up on the Financial District site of 77 Greenwich (aka 42 Trinity Place) last October, excavation has completely wrapped, and foundation work has begun in earnest on the imminently 40-story and 500-foot-tall tower. The project is being designed by FX Collaborative and developed by Trinity Place Holdings.
The steel superstructure for 68-74 Trinity Place is now rising quickly into the Financial District’s neighborhood skyline. Designed by Pelli Clarke Pelli Architects, with Stephen B. Jacobs Group as the executive architect, the 26-story building is being developed by Trinity Real Estate, and will include around 310,000 square feet of rentable office space that will start from the seventh floor and continue up to the top of the nearly 500-foot-tall tower.