Construction Update

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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Bronze Façade Installation Starts for Trinity Church’s Office Tower At 74 Trinity Place, Financial District

Permits for construction of 74 Trinity Place were approved approximately one year ago, and already, the building has nearly topped-out, having reached the 20th of 26 eventual floors. The mixed-use tower has replaced a derelict but beautiful structure, and for that reason, the architect placed special attention to the design. Now, pedestrians in the Financial District are finally getting a glimpse of the bronzed skin. Façade installation, as designed by Pelli Clarke Pelli, has finally commenced.

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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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