Downtown

'Gustav Klimt Gold in Motion' at Hall des Lumières - © Culturespaces

Hall Des Lumières Opens at the Historic Emigrant Industrial Savings Bank in Civic Center, Manhattan

Culturespaces and IMG have transformed the base of the historic Emigrant Industrial Savings Bank into Hall des Lumières, a multi-level immersive art exhibition and cultural venue at 49 Chambers Street in the Civic Center section of Lower Manhattan. Now open to the public, the 33,000-square-foot space represents a multinational collaboration among 3D projection artists, local design studios, historic preservation teams, and sound designers.

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Waterfront view of Tribeca Pointe at 41 River Terrace - Courtesy of Rockrose

Battery Park City Authority Unveils Climate Action Plan for Carbon Neutrality by 2050

The Battery Park City Authority (BPCA) has released a Climate Action Plan outlining how the entity will enforce greenhouse gas emissions reductions in new and existing buildings and infrastructure in the area. The plan was authored in partnership with Buro Happold, an international sustainability consultancy, and outlines key targets for Battery Park City properties.

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Existing view of 49-51 Chambers Street – Woods Bagot

Culturespaces Wins Approvals for Immersive Gustav Klimt Experience at the Historic Emigrant Industrial Savings Bank in Lower Manhattan

Manhattan’s historic Emigrant Industrial Savings Bank will be reborn as Hall des Lumières, a permanent center for immersive art exhibitions and cultural events. Located at 49-51 Chambers Street in Civic Center, Manhattan proposals to transform the building’s ground floor were subject to review by the Landmark Preservation Commission and approved last August.

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The Beekman - Photo by The Venue Report

GFI Completes $195M Refinancing of The Beekman Hotel at 123 Nassau Street in Financial District, Manhattan

An affiliate of GFI Capital Resources has secured $195 million in refinancing for The Beekman, a historic landmarked hotel in Manhattan’s Financial District. The deal included a $130 million senior loan with Bank OZK arranged by Newmark and a $65 million subordinate financing raised from bond investors on the Tel Aviv Stock Exchange.

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