Downtown

161 Maiden Lane

Foundation Work Underway at 57-Story, 80-Unit Residential Tower, 161 Maiden Lane, Financial District

Foundation work is underway on the 57-story, 80-unit residential tower under construction at 161 Maiden Lane, located on the corner of South Street, in the Financial District. The construction photos were taken by the project’s general contractor, Pizzarotti-IBC. Dubbed 1 Seaport, it will measure 192,473 square feet and stand 670 feet over the East River, according to the latest building permits. The residential units will be condominiums, ranging from one- to four-bedrooms, and should average 1,726 square feet apiece. Two duplex penthouses will crown the tower. Amenities include private residential storage, storage for 37 bikes, a lounge on the fourth floor, a fitness center, a children’s playroom, and a lounge, pool, and sauna on the 27th floor. YIMBY has been revealing renderings of the evolving project since 2012, with the latest batch released in the spring. Goldstein, Hill & West Architects is the architect, while Groves & Co. is the interior designer. Fortis Property Group is the developer, and construction is expected to be complete in early 2018.


Rendering of east side elevator for Broad Street J/Z subway station

45 Broad Street Supertall Coming with New Subway Elevators, Financial District

The supertall mixed-use tower planned at 45 Broad Street will shimmer at its apex, over 1,100 feet above the streets of Lower Manhattan. But at ground level, the Financial District project will bring new services to those who won’t even enter the building. On Tuesday, the Landmarks Preservation Commission voted to approve new subway elevators planned on Broad Street.

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156 Rivington Street

New Look at Four-Story, 9,000-Square-Foot ABC No Rio Arts Facility, 156 Rivington Street, Lower East Side

A schematic drawing of the long-planned, four-story, 9,000-square-foot commercial building at 156 Rivington Street, on the Lower East Side, has surfaced in a Bowery Boogie report. The structure, which will be built to Passive House standards, will contain a mix of community, performance, and office spaces across the cellar through the fourth floors. There will also be outdoor terraces on the second floor and rooftop level. Renderings of the building’s exterior were previously revealed in 2014. Paul A. Castrucci Architect is behind the design. ABC No Rio will operate the new property, although the art organization must first demolish their existing four-story building on the site. Demolition permits were recently filed and new building applications were approved in 2011. The project has been financed through private donations and city grants. A construction timeline hasn’t been released.



271-283 South Street

Developer Proposes 60-Story, 741-Unit Mixed-Income Residential Tower at 271-283 South Street, Lower East Side

On the heels of news of a 66-story, 718-foot-tall building planned at 260 South Street, there is more high-rise news from the Lower East Side. It has been revealed that, in the spring, the Starrett Corporation filed pre-applications with the Department of City Planning for a 60-story, 741-unit residential tower at 271-283 South Street, located on the corner of Clinton Street. The preliminary plans, which the developer states are in the exploratory stage, indicate the building would measure 620,000 square feet, the Lo-Down reported. Since the project is also expected to benefit from the city’s Mandatory Inclusionary Housing (MIH) program, at least 20 percent of the units will be designated as affordable housing. Air rights first have to be transferred to the site from around the block. The 20,177-square-foot property is currently vacant. The East Broadway stop on the F train is located four blocks away.


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