YIMBY last reported on the World Trade Center Transportation Hub last July, when the ribbed structure’s exoskeleton was complete, the glass skylight was going in, and interior work was the focus. Now, the transit center, dubbed the Oculus, is expected to officially open in early March, Curbed NY reports. The $3.9 billion creation was designed by Santiago Calatrava and will serve as the terminus for World Trade Center-bound PATH trains, and connection points for the A, C, E, J, Z, R, 1, 2, 3, 4, and 5 subway lines, multiple MTA buses, and ferry service. In addition, 365,000 square feet of retail space, managed by Westfield Corp., is in the works within the transit hub alone.
Last summer, News Corp. and 21st Century Fox signed a letter of intent to lease 1.3 million square feet in the Bjarke Ingels Group-designed 2 World Trade Center (a.k.a. 200 Greenwich Street), in the Financial District. It was never a contract that bounded the media companies to the space, and last week they decided not to make the move, Bloomberg Business reported. The two businesses will extend their leases through 2025 at their current headquarters at 1211 Sixth Avenue and 1185 Sixth Avenue, in Midtown. The fate of both Bjarke Ingels’ latest design and Norman Foster’s original design are unknown. The foundation for Foster’s tower, a 2.8-million square-foot, 80-story office building, has already been already built.
In the beginning of 2015, YIMBY reported on filings for a 12-story, 108-unit mixed-use building at 79-89 Avenue D, in the Alphabet City section of the East Village, and now DNAinfo reports the development is moving forward. Earlier this month, Rite Aid was the final tenant to move out of the property assemblage, and within the past few days, L+M Development Partners filed demolition permits to raze the single-story retail buildings. The project will include 22 affordable residential units as well as 7,693 square feet of ground-floor retail. Also, all the residential units will be rentals and should average 821 square feet apiece. GF55 Partners is the architect of record.
Aby Rosen’s RFR Realty is planning to open their newly renovated, 221-key boutique hotel at 11 Howard Street, in SoHo, this March. According to the Wall Street Journal, the developer has partnered with several nonprofit groups, including Global Poverty Project and Conscious Commerce, and will give away a percentage of revenue earned from each booking to the charities. The 14-story building will also have a restaurant on the ground floor headed by French chef Stephen Starr. Beyer Blinder Belle is the architect of record, and Walter Radtke’s MGA Architecture headed the design of the restaurant, per filings.
Last summer, YIMBY revealed the first rendering of Related Companies’ planned 14-story, 46-unit residential project at 70 Vestry Street, in TriBeCa. Changes have since been made to the design, and Curbed NY was the first to publish an updated image of part of the exterior, which will be clad in French limestone. Robert A.M. Stern Architects is designing, with Ismael Leyva Architects serving as the architect of record, and Daniel Romualdez responsible for the interiors. Last September, the developer secured $200 million in construction loans, and completion of the 154,019 square-foot project is expected in early 2018.