While the slate of supertalls entering the city’s development pipeline has been dwindling across most neighborhoods, the trickle of new construction has stayed constant in the densest areas of Midtown and the Financial District. Within the blocks of Lower Manhattan, 45 Broad Street has continued to make progress, and now, workers are arriving on-site for what will become Downtown’s tallest residential tower.
A few low-slung buildings on the borderlands of Chinatown and the Lower East Side are going to meet the wrecking ball for an attractive new rental development. Building applications have been filed for 282 Grand Street, between Eldridge and Allen Streets on the Lower East Side, which is being designed by Peterson Rich Office.
118 Fulton Street has been making swift progress over the past few months, and now, the 752-foot-tall tower has officially topped-out. Foundation work was still ongoing just over one year ago, with the 66-story building’s rise since then clocking in at an impressive pace of over one floor per week. SLCE Architects is behind the design for the project, which is being developed by Carmel Partners.
A non-descript three-story home is about to meet the wrecking ball for a seven-story replacement at 268 East 7th Street, in the East Village. Building applications show the new structure will have 8,043 square feet of residential space divided between two units, the first spanning from the basement through the second floor, and the second taking up each floor above that. Amador Pons of Grzywinski + Pons Architects is designing, and Wilco Faessen is listed as the developer. Demolition permits for the current occupant were approved in late August, so construction should begin relatively soon.
The blocks between Greenwich Village and Union Square have seen several developments rise over the past few years, especially on East 12th Street, between Fifth Avenue and University Place. While NIMBYs are attempting to pass another rezoning to restrict new construction even further, that will not stop progress at 21 East 12th Street, which has now officially topped-out.