Work is progressing on the residential conversion and retail addition on the 90-year-old One Wall Street in the Financial District. Designed by SLCE Architects and developed by Macklowe Properties, the projected $1.5 billion undertaking is poised to be the largest office-to-condominium conversion in New York City history. When complete, the 654-foot-tall property will yield a total of 566 residential units with sales handled and marketed by Compass, as well as a 44,000-square-foot Whole Foods Market and a Life Time fitness center on the lower levels.
The first marble slabs have begun installation on the curved central wall of Santiago Calatrava‘s St. Nicholas Greek Orthodox Church in the Financial District. Located by the intersection of Greenwich Street and Liberty Street on the elevated Liberty Park, the structure will serve as the new home for the long-established church that was formerly located to the west of the park’s footprint at 155 Cedar Street. The Port Authority of New York and New Jersey is developing the project, which sits directly to the south of the original 16-acre World Trade Center complex and rests above the subterranean ramps and southern entrance to the Vehicle Security Center.
Hudson River Park Trust expects to begin construction this spring on Gansevoort Peninsula Park, Manhattan’s first public beach. Located on the Hudson River waterfront near Pier 53 at Little West 12th Street, the 5.5-acre project is expected to be completed by the end of 2023.
In an exciting reveal for the ongoing redevelopment and rebuilding of the World Trade Center, Kohn Pedersen Fox has unveiled the first set of renderings for its proposed 900-foot-tall design for Five World Trade Center, aka 130 Liberty Street. The Port Authority of New York and New Jersey selected the winning bid at a board meeting on Thursday afternoon to allow Silverstein Properties, Brookfield Properties, Omni New York LLC, and Dabar Development Partners to lease the 1.56-million-square-foot mixed-use building under a 99-year ground lease.
Delshah Capital has released updated renderings of The Avant, a new condominium development in Manhattan’s East Village. Located at 533 East 12th Street between Avenues A and B, the property tops out at eight stories and houses 26 boutique residences. Brown Harris Stevens’ Milano-Rambarran Team is exclusively handling sales and marketing.