Construction Update

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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YIMBY Checks in on FXCollaborative’s 31-Story Mixed-Use Tower at 185 Broadway in the Financial District

YIMBY went to check on the construction progress at 185 Broadway, a new 31-story residential tower in the Financial District designed by FXCollaborative and developed by SL Green. The 260,000-square-foot mixed-use tower is located at the southwestern corner of Dey Street and Broadway, directly next to one of the entrances to the Fulton Street subway station. Pilings and excavation are currently happening.

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Façade of Toll Brothers’ 77 Charlton Condo Development Nears Completion in West SoHo

Construction is nearing completion at 77 Charlton Street, a 161-unit condominium in West SoHo, Manhattan. Referred to as 77 Charlton, the project is designed by S9 Architecture & Engineering and developed by Toll Brothers City Living. Located between Hudson Street and Varick Street, 77 Charlton is actually made up of two 15-story towers that span the width of the parcel from Charlton Street to King Street and share a private courtyard. Condominiums are priced from $995,000 to $5,250,000 and will range from studios to three-bedroom homes. The interiors are designed by INC Architecture & Design.

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YIMBY Tours Office Floors of One Willoughby Square, in Downtown Brooklyn

YIMBY recently went on a hard hat tour of One Willoughby Square, aka 420 Albee Square in Downtown Brooklyn, which is on track to become the tallest new office building in the borough. The 495-foot-tall building, which will contain 500,000 square feet of Class A office space across 34 stories, is being designed by FXCollaborative and developed by JEMB Realty. Gilbane Development Company is in charge of the construction progress.

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540 Fulton Street, designed by Marvel Architects

Marvel Architects’ 540 Fulton Street Making Vertical Progress in Downtown Brooklyn

Construction of 540 Fulton Street is climbing past the first residential floors. The Downtown Brooklyn project site will stand as a 511-foot- tall, 43-story high, mixed-use skyscraper. It is being designed by Marvel Architects and developed by Jenel Management. The building will yield about 330,000 square feet, with 71,844 square feet allocated to commercial space and 22,054 square feet designated for retail on the lower floors. The remaining 239,142 square feet will be occupied by the residential homes.

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