Downtown

One Wall Street - Rendering by DBOX

One Wall Street’s New Retail Spaces Near Completion in Financial District, Manhattan

Work is nearing completion on One Wall Street, a 564-foot-tall Art Deco skyscraper in the Financial District. Designed by SLCE Architects and developed by Macklowe Properties, the $1.5 billion venture is the largest office-to-residential conversion in New York City history and will yield 566 condominiums as well as a 44,000-square-foot Whole Foods Market and a four-floor, 75,000-square-foot Life Time fitness center on the lower levels. The project also involved the construction of a multi-story expansion above the mid-century annex to the 91-year-old structure. Compass Development Marketing Group is handling sales and marketing with a gallery located within the famous Red Room. JT Magen is the general contractor for the property, which is bound by Broadway to the west, Wall Street to the north, Exchange Place to the south, and New Street to the east.

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Related Unveils First Rendering of 450 Washington Street in Tribeca, Manhattan

The first rendering of 450 Washington Street has been released by developer Related Companies along with a teaser website. Located in Tribeca, the new condominium development is a full renovation of a former rental building, complete with new interior walls, layouts, façade, and windows. Designed by Roger Ferris + Partners, the full-block construction will bring 176 residences to the Hudson River waterfront. Hollander Design is handling landscape architecture. Corcoran Sunshine Marketing Group is exclusively handling marketing and sales at 450 Washington, with residences priced from approximately $1 to $10 million.

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Exterior Work Wraps on NYU’s Expansion at 181 Mercer Street in Greenwich Village, Manhattan

Construction is nearing completion on 181 Mercer Street, NYU‘s expansion in Greenwich Village. Designed by Davis Brody Bond and KieranTimberlake, the three-tower structure will yield 735,000 square feet and is expected to achieve LEED gold certification. Turner Construction Company is the general contractor for the property, which occupies a full block between Houston, Mercer, and Bleecker Streets and I.M. Pei’s University Village complex. The project is the culmination of more than a decade of planning and underwent numerous design changes before ground broke in 2018.

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Excavation, Foundations Underway at 1 Park Row in Financial District, Manhattan

Demolition is complete and below-grade work has commenced at 1 Park Row, site of a 23-story mixed-use building in the Financial District. Designed by Fogarty Finger Architects and developed by Circle F Capital, which received a $90 million construction loan from Los Angeles-based Parkview Financial last summer, the 103,000-square-foot structure will yield 58 condominiums in one-, two-, and three-bedroom configurations, along with 19,000 square feet of commercial office and retail space on the lower levels. MJM Associates Construction is the general contractor and 1 Park Row Development LLC is the owner of the property, which sits at the intersection of Park Row and Ann Street. Ancora Engineering is in charge of the support of excavation (S.O.E.) and foundations.

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