Demolition work is ramping up at 1 Park Row in the Financial District, where a mixed-use building is planned to rise. Little information has been disclosed on the scope of the new project, which is designed by Fogarty Finger Architects and developed by Guardian Realty Management, since plans and renderings were released in December 2017. According to the depiction, the development could stand at least nine stories high.
Construction is several stories above street level and rising at 450 Eleventh Avenue, a 487-foot-tall, 531-room hotel from Starwood Hotels & Resorts Worldwide in Hudson Yards. Designed by DSM Design Group and developed by Marx Development Group, the 43-story tower is one of several new high-rise projects ascending to the north of Related Companies‘ first phase of Hudson Yards, across from the Jacob K. Javits Center. The boom in construction is gradually transforming this previously underdeveloped area of Midtown West into a thriving mixed-use destination.
YIMBY recently sat down with Jerry Pi, of the eponymous Pi Capital Partners, whose principals are comprised of Jerry and his father. From developing affordable and market-rate housing in the Outer Boroughs, to a new skyscraper in Midtown Manhattan just steps from the Empire State Building, the firm’s activities in New York City have been extensive. Today’s interview covers the firm’s origins, the importance of transportation and infrastructure improvements to a functioning Midtown Manhattan, and what may be next in store for Queens, with the imminent completion of both JFK and LaGuardia’s renovations and expansions.
Work is in full swing at Elizabeth H. Berger Plaza, a small park in the Financial District. Bound by Greenwich Street to the west, Edgar Street to the north, and Trinity Place to the east, the project involves the unification of two public spaces that were formerly divided by an exit lane from the Hugh L. Cary Tunnel. George Vellonakis is the landscape architect of the park, which is named for the late Downtown Alliance president Elizabeth Berger, who passed away in 2013.
Curtain wall work is progressing on the Tin Building, a 53,000-square-foot market structure on the rebuilt Pier 17 in the South Street Seaport District. Designed by SHoP Architects and developed by Howard Hughes Corporation with Plaza Construction as construction manager, the project will feature a seafood-themed market by Jean-Georges Vongerichten, the main tenant of the property.