Five buildings have now been demolished at 75-83 Nassau Street, just a block away from the Fulton Street transportation hub in the center of the Financial District. The activity will make way for Lexin Capital’s proposed 40-story residential skyscraper designed by ODA. New building permits are still awaiting approval, but recent activity on site suggests increasing momentum toward actual construction.
Across from Piers 25 & 26, 388-390 Greenwich Street has stood for nearly 30 years as one of the tallest skyscrapers in Tribeca. Located just north of the Borough of Manhattan Community College, it is has been home to Citigroup’s New York headquarters since their repurchase of the building in 2016, after selling to SL Green for $1.6 billion back in 2007. The 39-story tower at 388 Greenwich Street sits connected to an adjacent nine-story building at 390 Greenwich Street, which Citigroup has also leased. Both components are in the midst of a major renovation of the lower exterior facades, led by Skidmore, Owings & Merrill, with interior architecture by Gensler.
After years of waiting, 45 Park Place is finally making a rapid ascent into the Lower Manhattan skyline. The skyscraper will soon rise 43 stories and 667 feet to its rooftop pinnacle, and is being developed by Sharif el-Gamal’s Soho Properties. Although substantially shorter than nearby towers like 30 Park Place, 56 Leonard Street, and 111 Murray Street, the 50-unit structure will still offer comprehensive views of Tribeca to the north, Brooklyn, the Manhattan Bridge, and City Hall to the east, and the World Trade Center, immediately to the south.
Demolition permits have been filed by Nexus Development a two-story building at 171 Chrystie Street, on the Lower East Side of Manhattan. Its dismantlement is considered an emergency due to damage inflicted nearly two weeks ago from what’s being described as a concrete blowout. Next door, a ten-story building by the same developer and ODA Architecture is already under construction, at 173 Chrystie Street.
Last week, YIMBY featured a look at some of the highest and most expensive real estate in the Western Hemisphere, scattered across the uppermost reaches of the Manhattan skyline. Today, we have an interview with a developer whose condominiums often attain similar price-points, even though they’re normally located much closer to street level. YIMBY sat down with DDG’s CEO Joe McMillan to discuss the firm’s current slate of work, their in-house design and development process, and the finer details on major sites like 180 East 88th Street on the Upper East Side, and challenging ones, like 100 Franklin in Tribeca.
