Financial District

64-Story, 1,115-Foot-Tall Mixed-Use Tower at 45 Broad Street Will Have 150 Residential Units, Financial District

6:00 am on May 20, 2016 By Reid Wilson

Earlier this week, YIMBY brought you a new rendering of the mixed-use supertall tower planned at 45 Broad Street, in the Financial District, but now new building applications have been filed with the Department of Buildings. The 371,634-square-foot tower, which has been marketed as 86 stories, will actually have 64 real floors and will stand 1,115 feet above street level. It will also have 150 residential units, which is significantly less than the previous figure of 245. The apartments should average 1,394 square feet apiece, indicative of condominiums, and units will come in studio to three-bedroom configurations. There will also be 48,077 square feet of office space on the third through eighth floors. The project’s 20,000 square feet of amenities will be located on three sub-cellar levels and the ninth through eleventh floors. Madison Equities, Pizzarotti-IBC, and AMS Acquisitions are the developers, and CetraRuddy is behind the design. Excavation is expected to begin later this year, with completion of the tower scheduled for 2018.

Construction Wrapping Up On World Trade Center’s Liberty Park, Financial District

11:00 am on May 19, 2016 By Reid Wilson

In September of 2015, construction was underway on the St. Nicholas Greek Orthodox Church planned on the eastern end of the also-under-construction, one-acre Liberty Park, located on the southern end of the World Trade Center complex, in the Financial District. Now, construction on the rest of Liberty Park, which is elevated 25 feet above street level, is nearly complete, DNAinfo reports. The new park will feature landscaped greenery, plantings, seating and benches, and a 300-foot-long “Living Wall” along its northern base wall. Opening is expected some time this summer. As for the church, being designed by Santiago Calatrava (who also designed the World Trade Center Transportation Hub), construction is expected to last into 2017. The Port Authority of New York & New Jersey is behind the project.

Screenshot of 50 West Street time-lapse video. Credit: EarthCam

Exclusive: Watch Time-Lapse of 50 West Street’s Construction, Financial District

7:30 am on May 17, 2016 By Evan Bindelglass

It’s been a while since we checked in on Time Equities’ project at 50 West Street, dubbed simply 50 West, in the Financial District. The 64-story, 780-foot-tall building topped out back in the fall of 2015, but work has been going on since winter 2014. Now, we have an exclusive time-lapse of its construction, produced by EarthCam.

New Look at 86-Story, 245-Unit Mixed-Use Supertall Tower, 45 Broad Street, Financial District

6:30 am on May 16, 2016 By Reid Wilson

Back in February, the first renderings were revealed of the planned 86-story, 245-unit mixed-use tower at 45 Broad Street, in the Financial District. The renderings originated from EB-5 materials, as the development team – Madison Equities, Pizzarotti-IBC, and AMS Acquisitions – is hoping to raise $75 million in financing through the program. Now, another rendering of the CetraRuddy-designed project has surfaced via YIMBY Forums, which depicts the tower when viewed from the north (looking southward down Broad Street). New buildings applications haven’t been filed yet, but the 1,100-foot-tall tower will encompass approximately 298,000 square feet. The first five floors should host 50,000 square feet of commercial space, while the apartments above should come in studio to three-bedroom layouts. There will also be 20,000 square feet of amenities. Groundbreaking is expected later this year, and completion is ambitiously scheduled for 2018.

New Renderings Revealed of 60-Story, 80-Unit Condo Tower at 161 Maiden Lane, Financial District

11:00 am on April 29, 2016 By Reid Wilson

Back in September of 2015, new details were revealed of the residential tower planned at 161 Maiden Lane, in the Financial District, notably that the project would rise 60 stories, or 670 feet above street level, up from a previous 51 stories. Now, YIMBY can reveal new and up-close renderings of the glassy tower. Dubbed 1 Seaport, the project will have 80 condominium residences ranging from one- to four-bedroom configurations, averaging 1,726 square feet apiece. The 192,473-square-foot tower will be topped by two duplex penthouses. Amenities, located across three floors, will include a fitness center with yoga and training rooms, an infinity pool and spa featuring a “rain shower,” a sauna, and a “relaxation lounge.”

Construction Wraps on 30-Story, 317-Key Courtyard Marriott Hotel at 133 Greenwich Street, Financial District

11:00 am on April 18, 2016 By Reid Wilson

It was in March of 2015 when YIMBY last brought you a construction update on the 30-story, 317-key Courtyard Marriott under development at 133 Greenwich Street, in the Financial District. At the time, the project was 18 stories above street level. Since then, the structure has topped out and has received much of its façade elements, as seen in photos by Tectonic. The building’s windows are all in place and paneling is currently being installed on its southern face. In all, the building measures 151,282 square feet. There will be retail space on the ground floor, with the hotel taking up the rest of the building. A fitness center will be located in the cellar, followed by a restaurant on the sixth floor, and a rooftop bar and terrace on the 28th floor. Hidrock Properties is the developer, while Danny Forster Design Studio being responsible for the design, with Peter Poon Architect serving as the architect of record. Completion can be expected later this year.

23-32 Park Row in 2015, before demolition. image via Google Maps

L+M Files a 54-Story Tower at 23 Park Row in the Financial District

7:30 am on April 18, 2016 By Rebecca Baird-Remba

L+M Development and the owners of J&R Music are pushing forward with plans to erect a 54-story, mixed-use tower at 23 Park Row, across the street from City Hall Park in the Financial District.

33-Story, 521-Unit Mixed-Use Conversion Filed for 20 Broad Street Office Tower, Financial District

6:00 am on April 18, 2016 By Reid Wilson

In December of 2015, Nathan Berman’s MetroLoft Management purchased the leasehold on the 27-story, 473,000-square-foot office building at 20 Broad Street for $185 million from Vornado Realty Trust, with plans to convert the property into residential units. Now, the developer has filed applications for the project, which call for vertically expanding the building by six stories, or 38,098 square feet, to 33 floors. That would boost the structure’s height from 317 feet to 417 feet. There will be 521 residential units, measuring an average of 795 square feet apiece. The apartments will be rentals, and roughly 200 will be studios, with the rest ranging from one- to three-bedroom configurations.

Construction at 56 Fulton Street. Photo by YIMBY reader Rich Brome

Above-Ground Work Underway on 23-Story Rental Project at 56 Fulton Street, Financial District

8:00 am on March 25, 2016 By Evan Bindelglass

When YIMBY last reported on the 23-story, 120-unit mixed-use rental project at 56 Fulton Street, between Cliff and Gold streets in the Financial District, $61.75 million in financing had just been landed. That was back in December of 2014. Today, we can report actual construction progress. A photo sent to us by a reader shows the work being done, and that work has reached the second floor.

Rendering of the relocated Tin Building.

Landmarks Approves Relocation of Tin Building at South Street Seaport

7:30 am on March 23, 2016 By Evan Bindelglass

Another piece of the puzzle that is the Howard Hughes Corporation’s plan to revitalize the South Street Seaport is one step closer to fitting into place. On Tuesday, the Landmarks Preservation Commission approved the relocation of the Tin Building.

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Financial District

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