Real progress is being made on the redevelopment of the South Street Seaport. Façade installation is well underway on the new Pier 17 mall.
Yesterday was ‘Archmodel Wednesday’ on Instagram, which meant that YIMBY Forumers were actively posting images of several new developments. And in the background of an image containing SHoP’s 111 West 57th Street, our team of cyber-sleuths spotted another project that has not yet been revealed. 80 South Street’s massing diagram had alluded to the tower’s supertall potential, but now we have a look at an actual model of the building, though the fine-grained details remain fuzzy, which confirms that the tower will rise over 1,400 feet tall. That would make it the tallest building by roof height in Lower Manhattan, standing approximately 50 feet above the rooftop of One World Trade Center.
The Howard Hughes Corporation’s effort to revive the South Street Seaport is getting closer to reality. On Tuesday, the Landmarks Preservation Commission approved revised plans for the exterior of the Fulton Market Building. That’s located at 11 Fulton Street, which occupies the block bound by Fulton, South, Beekman, and Front streets, in the South Street Seaport Historic District.
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.
This past summer, the U.S. branch of Beijing-based China Oceanwide Holdings made a deal with Howard Hughes Corp. to acquire the development site at 80 South Street, in the Financial District, for $390 million. Now Curbed reports the developer has received approval from the City Planning Commission to transfer 426,940 square feet of air rights to the site. That means a mixed-use building of up to 1,067,350 square feet could be built, of which 512,300 square feet could contain residential units. That could mean a supertall tower at the site along the South Street Seaport. Applications have not been submitted to the Department of Buildings yet, but the latest document suggest the developer will be taking full advantage of the site and a large commercial component is being planned. A design architect has not yet been revealed. A number of low- and mid-rise buildings would first have to be demolished.