Construction appears stalled on 79 Eldridge Street, a 14-story hotel building on Manhattan’s Lower East Side. Designed by Ellipses Design and developed by DLC Development, Inc., the structure is planned to yield 48 rooms and a 1,243-square-foot common space. Triborough Construction Services is the general contractor for the property, which is located between Grand and Hester Streets.
Kicking off our annual Turkey Week rundown of notable stalled projects is Seaport Residences, a 60-story residential skyscraper at 161 Maiden Lane along the border of Lower Manhattan’s Financial District and the South Street Seaport District. Designed by Hill West Architects and developed by Fortis Property Group, the 670-foot-tall tower has been on hold since sometime in late 2020, and its future remains uncertain. The 200,000-square-foot structure is planned to yield 80 units with interiors by Groves & Co. Ray Builders was the latest contractor for the property, which is located on a narrow rectangular site bound by South Street and Maiden Lane.
Battery Park City Authority, the Art for Justice Fund, and the Ford Foundation have unveiled a trio of public mosaics at Esplanade Plaza in Lower Manhattan. Entitled Justice Reflected, the mosaics are located on a 90-foot granite wall at the southern end of Battery Park’s North Cove Marina and were created by artist James Yaya Hough.
Excavation has begun at 1 St. Mark’s Place, the site of a nine-story commercial building in the East Village. Designed by Morris Adjmi Architects and developed by Real Estate Equities Corporation, the structure will yield 53,000 square feet of office space and approximately 7,700 square feet of ground-floor retail space. The Rinaldi Group of New York is the general contractor, SDG Engineering PC is the structural engineer, and ICOR Associates is the MEPS engineer for the property, which is alternately addressed as both 3 St. Mark’s Place and 23-25 Third Avenue and is located at the corner of St. Mark’s Place and Third Avenue.
Façade work is nearing completion on 540 Hudson Street, a seven-story residential building in Greenwich Village. Designed by Morris Adjmi Architects and developed by Aurora Capital Associates and William Gottlieb Real Estate, the 63-foot-tall structure will yield 19 units spread across 48,535 square feet and 6,000 square feet of retail space on the ground floor and cellar. Titanium Construction Services is the general contractor for the property, which is also addressed as 111 Charles Street and is located at the corner of Hudson and Charles Streets.
