Downtown


World Trade Center Performing Arts Center, image by REX

Construction Resumes on The Ronald O. Perelman Performing Arts Center at the World Trade Center

Back in December, YIMBY reported that work had appeared to stall for The Perelman Performing Arts Center at the World Trade Center, in the Financial District. While things have appeared to remain in-stasis since then, news has now broken that Governor Cuomo has officially allowed construction of the new PAC. That means work should soon begin again on the site, and may partially explain the delays seen over the past few months.

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19 Dutch from 3 World Trade Center, image by Andrew Campbell Nelson

19 Dutch Street Nears Completion As Exterior Work Wraps, Financial District

Construction is wrapping up at the 63-story residential tower at 19 Dutch Street, formerly known as 118 Fulton Street, in the Financial District. The last time YIMBY covered the structure, it had just topped-out. Now, work is nearly complete, with the façade almost entirely installed. For now, the exterior hoist remains up, and installation of interiors is ongoing. Carmel Partners is responsible for the development.

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119 Second Avenue, via Google Maps

Permits Filed for Site of East Village Explosion at 119 Second Avenue

Permits have been filed for a seven-story mixed-use building at 119 Second Avenue, in the East Village. The development will rise on the site of a tragic explosion from 2015, which claimed two fatalities. After the event, three buildings were demolished and cleared. The new project will fill one of the three addresses. Nexus Development is heading the project, partnering with Immobiliare Capital and Premier Equities. According to the Real Deal, Nexus purchased 119 and 121 Second Avenue in 2017 for $9.15 million. 123 Second Avenue was sold to Ezra Wibowo in 2016.

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