When YIMBY last reported on the 30-story hotel under development at 143 Fulton Street, in August of 2016, foundation work was underway. Now, the new Financial District lodging has something to show for itself.
Tribeca Associates is currently conducting a $30 million renovation of the 47-story, 470,000-square-foot office tower, known as the Continental Bank Building, at 30 Broad Street in the Financial District. Architecture firms Montroy Andersen DeMarco and Jun Aizaki Architecture & Design are behind the renovation.
Foundation work is now beginning on the 30-story, 298-key hotel under development at 143 Fulton Street, in the Financial District. Progress on construction can be seen thanks to a photo posted to the forums. The latest building permits indicate the 364-foot-tall tower will encompass 128,690 square feet. It will contain retail space on the ground and second floors, followed by a restaurant on the third, and the hotel component on the fifth through 29th floors. Guest amenities include a fitness center and storage for 11 bikes. It’s not currently known who the hotel operator will be. YIMBY revealed a rendering of the project, being designed by SLCE Architects, back in March. Tribeca Associates is the developer and completion is expected in 2018.
When we last checked in on the site of Tribeca Associates’ planned 26-story, 228-key hotel at 143 Fulton Street, between Broadway and Nassau Street in the Financial District, demolition of its three-story occupant was underway. Since then, demolition has been completed and, thanks to a YIMBY reader, we have a new look at the coming hotel.
Early last year, YIMBY brought you a construction update on the nearly complete 50-story hotel and residential tower at 20 West 53rd Street, in Midtown. Since then, the 59-unit and 114-key Baccarat Hotel & Residences wrapped up construction, and now 80% of the condominiums have sold, with sales topping $300 million. Condo layouts range from 1,167 square feet up to the 7,381 square-foot penthouse. Starwood Capital and Tribeca Associates are the developers, and Skidmore, Owings & Merrill is the architect.