Downtown

Landmarks Approves Revised Plan For Former Chase Manhattan Plaza

A new dawn is coming for a lower Manhattan landmark. With Chase gone, the Landmarks Preservation Commission approved a proposal for an adaptive reuse of the plaza in front of the building formerly known as One Chase Manhattan Plaza (now 28 Liberty Street since Fosun International Ltd. bought). There will be ground floor retail and major changes to the plaza that should bring a lot of it back to its former glory.

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Landmarks Says No To Design Of Hotel Proposed For 456 Greenwich Street

It was in November that the Landmarks Preservation Commission approved altering a 1942 garage building at 456 Greenwich Street (at the corner of Desbrosses Street) and turn it into a restaurant. Well, things have changed and the proposal is now to demolish the existing building and build a hotel that will stretch out of the Tribeca North Historic District.

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45 Broad Street

Madison Equities In Contract For Development Site At 45 Broad Street, Financial District

In January of 2014, YIMBY brought you news that 45 Broad Street, in the Financial District, was placed on the market. Now the property is in contract, and Madison Equities, partnering with AMS Acquisitions, is the buyer. The price — expected to be north of $100 million — has not been disclosed. The site has 265,000 square feet of development rights, and a 62-story Nobu Hotel was planned prior to the 2008 financial crisis.


159 Ludlow Street

Two-Story Retail Building Planned At 159 Ludlow Street, Lower East Side

Hesky Haim, operating under an anonymous LLC, has filed applications for a two-story, 2,125 square-foot commercial building at 159 Ludlow Street, on the Lower East Side. Both floors, in addition to a cellar level, will be designated for retail, and the building will stand 96 feet tall, boasting incredible ceiling heights. Wayne Norbeck’s DXA Studio is the applicant of record.


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