Downtown

City Agencies Broker New Deal With Developers to Bring 5 WTC to Market

7:30 am on June 4, 2019 By Sebastian Morris

State agency The Port Authority and Lower Manhattan Development Group have agreed to issue a joint RFP and divide proceeds generated from the development of 5 World Trade Center. A lengthy dispute between the parties had prevented any progress on the final remaining site within the World Trade Center complex, though it still remains unclear what future property will rise from the parcel, which could yield a tower spanning over one million square feet.

9/11 Memorial Glade Opens to The Public at The World Trade Center

8:00 am on June 2, 2019 By Michael Young

On Friday, May 31, 2019, a new section of the 9/11 Memorial called the 9/11 Memorial Glade opened to the public in the Financial District. Designed by the original architects of the eight-acre memorial site, Michael Arad and Peter Walker, the dedicated space is located on the corner of West Street and Liberty Street, next to the Survivor Tree by the South Tower reflecting pool. Six large, upward-sloping monolithic stones are arranged on the edges of a newly-created, diagonally-oriented walkway. The Memorial Glade is to honor the men and women who have contributed to the recovery, rescue, and relief efforts during and after the 9/11 attacks and are sick, injured, or have passed away.

Permits Filed for 59 Henry Street in Two Bridges, Manhattan

6:30 am on May 31, 2019 By Vanessa Londono

Permits have been filed for a 19-story mixed-use building at 59 Henry Street in Two Bridges, Manhattan. Located between Catherine Street and Market Street, the interior lot is a few blocks west of the East Broadway subway station, serviced by the F train. W & L Group is listed as the owner behind the applications.

Gene Kaufman’s 39-Story 215 Pearl Street Finally Nears Completion, in The Financial District

8:00 am on May 29, 2019 By Michael Young

Gene Kaufman’s upcoming Marriott Courtyard and Residence Inn at 215 Pearl Street is steadily getting closer to the finish line. The project is a 396-foot-tall and 39-story hotel in the heart of Lower Manhattan’s Financial District. 320 suites are expected to be created inside the 165,655-square-foot reinforced concrete structure. Rooms will begin on the fifth floor, and terminate on the 37th floor. Nobutaka Ashihara Architects is the architect of record, while Lam Group is the developer of the project. The site is located at the intersection of Pearl Street and Platt Street.

30 Warren Street’s Dark Facade Begins to Show, in Tribeca

7:00 am on May 27, 2019 By Michael Young

The dark-colored exterior of 30 Warren Street has been hidden beneath scaffolding and black netting for quite some time. Now, a large portion of the facade can be seen from the street and from above. The future 12-story condominium is being designed by Post-Office Architects (POA), while HTO Architects serves as the executive architect. Cape Advisors is the developer of the Tribeca property, which sits along Church Street, between Warren Street and Chambers Streets. Sales and marketing are being led by Corcoran Sunshine Marketing Group.

YIMBY Scopes Views From The Woolworth Building’s Pavilion Residences, in The Financial District

8:00 am on May 26, 2019 By Michael Young

The views from the upper floors of the Woolworth Building have been seldom seen since its construction, but now that the tower is partially transforming into residences, YIMBY has an inside look at what New York City looks like from the top of one of its oldest and most iconic Downtown skyscrapers.

Completion Imminent For 90 Morton Street, as YIMBY Revisits Its Skyline Views, in the West Village

8:00 am on May 24, 2019 By Michael Young

Construction is now wrapping up at 90 Morton Street, in the West Village, and closings are about to commence for its 35 residences. The building was once an abandoned, eight-story printing warehouse, but has now been transformed into a 122,000-square-foot, twelve-story condominium project. Asaf Gottesman of Gottesman-Szmelcman Architecture is the designer, while Marc Turkel of Leroy Street Studio is head of interior designs. Brack Capital Real Estate is the developer of the 150-foot-tall structure, while Reuveni Real Estate is leading sales and marketing. Sales began in April 2018, with prices for the homes starting at $5.3 million.

COOKFOX-Designed 25 Park Row Speeding Towards Completion, in the Financial District

8:00 am on May 22, 2019 By Michael Young

The 50-story tower at 25 Park Row is now hurtling towards completion. The project is being designed by COOKFOX Architects and developed by L&M Development Partners. Sales have already launched for the 110 residences, which are being handled and marketed by Corcoran Sunshine Marketing Group. The exterior is continuing to be assembled as it rises up the reinforced concrete structure, which topped-out last year.

David Adjaye-Designed 130 William Street Officially Tops Out Atop The Financial District

8:00 am on May 20, 2019 By Michael Young

YIMBY recently attended the official topping-out ceremony for 130 William Street. The reinforced concrete tower now stands 800 feet above Lower Manhattan’s Financial District, and is set to redefine and add to the architecturally diverse and ever-changing skyline. This is David Adjaye’s first high-rise in New York City. Hill West Architects is the architect of record, while Lightstone Group is the developer of the 66-story project. Prices for the 242 residences begin around $1,300,000 for a one-bedroom, and range to $20,000,000 for a four-bedroom, full-floor penthouse. Corcoran Sunshine Marketing Group is handling sales and marketing.

Sales Launch at 108 Chambers Street, in Tribeca

8:00 am on May 17, 2019 By Michael Young

Sales have launched at 108 Chambers Street, a ground-up condominium project in Tribeca. Designed by Woods Bagot Architects and developed by Greystone Development, the building will contain eight full-floor residences and one- to three- bedroom homes that begin at $2.95 million. Ryan Serhant of The Serhant Team is in charge of sales and marketing for the reinforced concrete structure, which is now almost completely enclosed. The site will yield about 3,451 square feet of retail space that will occupy the first two floors and around 11,300 square feet of residential space above.

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