Construction Update

Demolition for 27-Story Pace University Tower Complete at 15 Beekman Street in Financial District

Demolition is now complete at 15 Beekman Street, the site of a 27-story academic center and dormitory for Pace University in the Financial District. Designed by Manish Chadha of Ismael Leyva Architects and developed by SL Green Realty, the 338-foot-tall structure will be addressed as 126-132 Nassau Street and yield 213,084 square feet of classrooms, dorms, a dining facility, a library, and a learning center. The building will also have a cellar, sub-cellar, and a 20-foot-long rear yard.

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Brooklyn Bridge Park’s Emily Roebling Plaza Takes Shape in DUMBO, Brooklyn

Work is taking shape on the $8 million Emily Roebling Plaza underneath the Brooklyn Bridge in DUMBO, Brooklyn. The final component of the 1.3-mile-long Brooklyn Bridge Park complex designed by Michael Van Valkenburgh Associates, Inc., the plaza honors Emily Roebling, who supervised the completion of the Brooklyn Bridge and became the first person to cross it in a horse-drawn carriage after its opening on May 24, 1883. The 2-acre park, located right off of Water Street near the DUMBO Brooklyn Bridge Park ferry terminal, broke ground amid a snowstorm on December 9, 2020. Attending and speaking at the ceremony were Kriss Roebling, Emily’s great-great grandson, along with his wife Meg Roebling and their two children Chase and August Roebling.

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No. 33 Park Row Wraps Up Construction in Financial District, Manhattan

Exterior work is coming to a close on No. 33 Park Row, aka Pearl on the Park, a 23-story residential building in the Civic Center section of the Financial District. Designed by Pritzker Prize-winning architect Sir Richard Rogers and Graham Stirk of Rogers Stirk Harbour + Partners and developed by Centurion Real Estate Partners and Urban Muse, the 331-foot-tall structure spans 95,000 square feet with 30 units, which range from one- to five-bedroom units and penthouses. The building stands on a corner plot on Park Row, the historic locale of New York City’s first skyscrapers such as the New York Tribune Building and the World Building. Compass Development Marketing Group is the exclusive marketing and sales agent for the property, with sales already underway.

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One Wall Street - Rendering by DBOX

One Wall Street’s Residential Conversion and Retail Addition Nears Completion in Financial District

Work is nearing completion on One Wall Street, the largest office-to-residential conversion project in New York City’s history. Developed by Macklowe Properties, the 21st century overhaul is expected to cost around $1.5 billion, transforming the 90-year-old, 564-foot-tall Art Deco skyscraper with a multi-story addition designed by SLCE Architects as well as a 44,000-square-foot Whole Foods Market and a Life Time fitness center on the lower levels. The Financial District property will yield 566 new units with sales handled and marketed by Compass.

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