Foundation work is progressing rapidly at 50 Trinity Place, as steel rebar and formwork for the sub-story levels are now reaching street level. Excavation and pilings were still ongoing at the time of YIMBY’s late-July update and now work will soon commence for the superstructure of the ground-up Aloft Hotel. Located in the Financial District at the corner of Trinity Place and Rector Street, diagonally across from Trinity Church, the hotel is designed by Peter Poon Architects. FIT Investment Corporation is the developer of the project, and purchased the Lower Manhattan site for $15 million from Sam Chang in 2012.
Construction is approaching the halfway mark on the Hotel Indigo at 120 Water Street in the Financial District. Designed by Gene Kaufman Architects and developed by Atlas Development, the slim reinforced concrete building will rise with a total of 28 stories and yield 52,000 square feet with 128 hotel rooms, a cellar-level fitness center for guests, a ground-floor restaurant, and a 25th-floor venue space. Fortuna Realty Group will serve as hotel management.
Permits have been filed for a 30-story mixed-use building at 232 East Broadway on the Lower East Side, Manhattan. Located between Clinton Street and Montgomery Street, the lot is one block east of the East Broadway subway station, serviced by the F train. Round Square Development is listed as the owner behind the applications.
BKSK Architects will appear before the city’s Landmarks Preservation Commission seeking approval for the renovation and expansion of a low-rise property in Greenwich Village. Located on an irregular corner lot at 21 Greenwich Avenue, the two existing structures on the site include a shuttered ground-floor restaurant facing West 10th Street and a separate three-story brick building with additional frontage on Greenwich Avenue. The latter once supported a small ground-floor gallery along Greenwich Avenue and residential area positioned on the second and third floors of the property.
The reconstruction of the landmarked Tin Building is making steady progress in Manhattan’s South Street Seaport District. The original structure, made mostly of a wooden frame featuring an exterior of corrugated metal sheets, suffered a major fire in 1995 and later weathered extensive flood damage from Hurricane Sandy in 2012. After approvals from the city’s Landmark Preservation Commission in 2016, the structure was carefully dismantled and is now being rebuilt 33 feet away from its original location, directly to the west of Pier 17. SHoP Architects is in charge of the design and renovations, while the Howard Hughes Corporation is the developer of the project. Plaza Construction is the construction manager for the property.