Downtown


215 Pearl Street

39-Story, 320-Key Marriott Hotel Rises Above Street Level at 215 Pearl Street, Financial District

Construction is now three stories above street level at 215 Pearl Street, located on the corner of Platt Street in the heart of the Financial District, where a 39-story, 320-key hotel is planned. The construction progress can be seen thanks to photos posted to the YIMBY Forums by user rbrome. The hotel — which YIMBY first reported on in September of 2012 — will be a Courtyard & Residence Inn by Marriott. The latest building permits indicate it will encompass 165,655 square feet and stand 396 feet in height. The hotel rooms will be located on the fifth through 37th floors, while retail space will occupy some of the ground floor. Guest amenities include bike storage, a restaurant, meeting rooms, a fitness center, and a roof garden on the 38th floor. Lam Group is the developer and Nobutaka Ashihara Architect is the architect of record. Completion is expected in the summer of 2017.


50 West Street

Public Plaza, Pedestrian Bridge Outside 50 West Street Revealed, Financial District

Now that exterior work has completed on 50 West Street – the 64-story, 191-unit mixed-use tower dubbed simply “50 West” under development in the Financial District – crews are now focused on building a 6,800-square-foot public plaza around the base of the building and a pedestrian bridge over West Street (a.k.a. the West Side Highway). Renderings of the spaces have been revealed by the Wall Street Journal. The 24-hour plaza will feature an art gallery, a café, vegetation, and seating. The pedestrian bridge, dubbed the West Thames Street Bridge, will feed directly into the plaza. It will boast steel structural supports and a glass roof and walls. The New York City Economic Development Corporation (NYCEDC) is building the new pedestrian bridge, which will replace the Rector Street bridge located a block northward. Demolition of the Rector Street bridge and construction of the new one is expected to last two years.


120 Water Street

Reveal for 24-Story, 122-Key Hotel Indigo at 120 Water Street, Financial District

A rendering has been revealed of the 24-story, 122-key Hotel Indigo planned at 120 Water Street, in the Financial District, by the Commercial Observer. The new building will encompass 51,600 square feet and guest amenities will include a fitness center, a restaurant & bar on the ground floor, a rooftop bar & lounge on the top floor, and bike storage space in the cellar. The hotel rooms should average 360 square feet apiece. Long Island-based Atlas Hospitality is the developer and Gene Kaufman’s SoHo-based architectural firm is the architect of record. Since YIMBY’s report on the planned hotel in December of 2014, the project has shrunk from 31 stories and 150 rooms to 24 stories and 122 rooms. The project also has a different developer and architect. The 36-foot-wide, 2,877-square-foot assemblage is currently occupied by four- and five-story mixed-use buildings. Demolition permits were filed in November of 2015. Completion of the new hotel is scheduled for the spring of 2018.


Allen Street pedestrian mall

Request for Proposals Launched to Transform Allen Street Pedestrian Mall Into Food Facility, Lower East Side

The Parks Department and the Lower Manhattan Development Corporation have launched a request for proposals (RFP) to redevelop the long-vacant, single-story Allen Street pedestrian mall,  the former public bathroom located at the intersection with Delancey Street on the Lower East Side. As disclosed earlier this year, the city hopes a developer or business can convert the little building into a “food service facility,” DNAinfo reported. Community facilities are apparently not being considered at this time. Repairs to the structure will have to include significant work to the roof, walls, and floors, in addition to the replacement of door and windows, and the installation of necessary infrastructure. The restaurant and/or food vendor may also include outside seating. Proposals are due September 15, and the city expects to select a team in early 2017.


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