Downtown

Ronald O. Perelman Performing Arts Center’s Marble Façade Completes Installation in Financial District, Manhattan

8:00 am on May 9, 2022 By Michael Young

Façade installation is wrapping up on the Ronald O. Perelman Performing Arts Center, a 138-foot-tall performance venue in the World Trade Center complex in the Financial District. Designed by REX with Davis Brody Bond Architects as the executive architect and developed by The Perelman, the cubic steel-framed structure stands between Skidmore Owings & Merrill‘s One World Trade Center to the west, Vesey Street to the north, Fulton Street to the south, and Greenwich Street to the east.

15 Beekman Street Begins Ascent in the Financial District, Manhattan

7:30 am on May 8, 2022 By Michael Young

Construction is rising on 15 Beekman Street, Pace University’s new 27-story expansion in the Financial District. Designed by Manish Chadha of Ismael Leyva Architects and developed by SL Green Realty, the 338-foot-tall tower will yield 213,084 square feet with classrooms, dorm rooms, a dining facility, a library, and a learning center. New Line Structures & Development is the general contractor for the property, which is alternately addressed as 126-132 Nassau Street and is located at the corner of Beekman and Nassau Streets.

Permits Filed for 75 Essex Street on the Lower East Side of Manhattan

7:00 am on May 4, 2022 By Vanessa Londono

Permits have been filed for the conversion of a four-story commercial building into a 14-story mixed-use building at 75 Essex Street on Manhattan’s Lower East Side. Located between Delancey Street and Broome Street, the lot is one block south of the Delancey Street-Essex Street subway station, serviced by the F, M, J, and Z trains. Nechemia Weinberger of Soft Stone Development Group is listed as the owner behind the applications.

Rendering of 555 Greenwich Street - COOKFOX Architects

555 Greenwich Tops Out in Hudson Square, Manhattan

8:00 am on May 3, 2022 By Michael Young

Construction has topped out on 555 Greenwich, a 16-story commercial building in Hudson Square, Manhattan. Designed by COOKFOX Architects and developed by the joint venture Hudson Square Properties, which includes Trinity Church Wall Street, Hines, and Norges Bank Investment Management, the 270,000-square-foot structure connects on nearly every floor to the adjacent 345 Hudson Street via a horizontal overbuild for a total of 715,000 square feet of leasable office space, with floor plates up to 87,000 square feet each. Tishman Construction is the contractor for the property, which is located on a rectangular plot of land bound by Greenwich Street to the west, Charlton Street to the south, and King Street to the north.

Updated preliminary rendering of 260 South Street towers

Chetrit Group Secures $70M Loan to Purchase 260 South Street on Manhattan’s Lower East Side

7:30 am on April 27, 2022 By Sebastian Morris

The Chetrit Group is now the owner of 260 South Street, a forthcoming high-rise complex on the Lower East Side of Manhattan, following a $70 million acquisition loan from Madison Realty Capital. The waterfront development will eventually include 64-story and 74-story towers in the Two Bridges section of the neighborhood.

Oxford Properties Completes $2.1B Sale of St. John’s Terminal to Google in Hudson Square, Manhattan

7:00 am on April 24, 2022 By Sebastian Morris

Oxford Properties has sold St. John’s Terminal to Google for $2.1 billion. Located at 550 Washington Street in Hudson Square, the terminal property is designed by COOKFOX and developed by Oxford Properties and will serve as the anchor of Google’s new corporate campus, which comprises 1.7 million square feet along with two additional sites at 315 Hudson Street and 345 Hudson Street.

Proposed alterations 22 East 10th Street, front facade- Steven Harris Architects

LPC Reviews Proposals for Townhouse Renovation at 22-24 East 10th Street in Greenwich Village, Manhattan

7:00 am on April 18, 2022 By Sebastian Morris

The Landmarks Preservation Commission is now reviewing proposals to renovate a five-story townhouse at 22 East 10th Street in Manhattan’s Greenwich Village Historic District. The scope of work includes removal of the party wall separating 22 and 24 East 10th Street, which will allow the owner to nearly double the home’s residential space.

Disney Headquarters Tops Out at 4 Hudson Square in Hudson Square, Manhattan

7:30 am on April 13, 2022 By Michael Young

Construction has topped out on Four Hudson Square, The Walt Disney Company’s new 22-story headquarters in Hudson Square. Designed by Skidmore, Owings & Merrill and developed by Silverstein Properties, the 338-foot-tall building will yield 1.2 million square feet of offices, film and production studios, and ground-floor retail space. Lendlease is the contractor for the property, which is alternatively addressed as 137 Varick Street and occupies a full-block parcel bound by Varick Street to the east, Spring Street to the south, Hudson Street to the west, and Vandam Street to the north.

Waterfront view of Tribeca Pointe at 41 River Terrace - Courtesy of Rockrose

Battery Park City Authority Unveils Climate Action Plan for Carbon Neutrality by 2050

7:00 am on April 13, 2022 By Sebastian Morris

The Battery Park City Authority (BPCA) has released a Climate Action Plan outlining how the entity will enforce greenhouse gas emissions reductions in new and existing buildings and infrastructure in the area. The plan was authored in partnership with Buro Happold, an international sustainability consultancy, and outlines key targets for Battery Park City properties.

Below-Grade Work Ramps Up for Tribeca Rebel at 65 Franklin Street in Tribeca, Manhattan

8:00 am on April 12, 2022 By Michael Young

Below-grade work is continuing at 65 Franklin Street, the site of Tribeca Rebel, a 19-story residential building in Tribeca. Designed by CetraRuddy Architecture and developed by HAP Investment Developers, which secured $94 million in construction financing from G4 Capital Partners, the 210-foot-tall structure will yield 101,000 square feet with 40 condominiums and around 2,500 square feet of ground-floor retail space. Nest Seekers Development Marketing is in charge of sales and marketing with pricing ranging from $2 million to $20 million. Noble Construction Group is the general contractor for the property, which is located at the corner of Broadway and Franklin Street.

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