Construction is continuing to rise at 50 Trinity Place, a 28-story Hotel Indigo in the Financial District. The 173-room, 77,310-square-foot structure is designed by Peter Poon Architects and developed by FIT Investment Corporation, which purchased the property in 2012 for $15 million. The site is located at the corner of Trinity Place and Rector Street.
Number five on YIMBY’s end-of-year countdown is Two World Trade Center, aka 200 Greenwich Street, a 1,350-foot-tall office skyscraper and the last major component of the 16-acre World Trade Center complex. Earlier this year, it was announced that Norman Foster of Foster + Partners would return as the architect for project, which is being developed by Larry Silverstein, head of Silverstein Properties. However, the highly anticipated revamped design of Foster’s original 2006 proposal has yet to be revealed.
Global luxury streetwear and sneaker retailer Concepts recently debuted a new flagship destination at 99 University Place in Union Square, Manhattan. The 2,500-square-foot store offers nearly twice the floor space of the former Concepts flagship.
DCP Architecture has won preliminary approvals from the Landmarks Preservation Commission (LPC) to construct a new rooftop volume atop a historic three-story townhouse in Greenwich Village. Located at 224 West 10th Street, the project will not move forward until the design team modifies the proposed volume to further reduce visibility of the rooftop volume from West 10th Street and Christopher Street.
This week the city’s Department of Housing Preservation and Development (HPD) announced $13.6 million in housing tax credits was awarded to seven developments. These projects will be responsible for creating and preserving 583 affordable units throughout the city.
