Insurance conglomerate AIG has officially announced the relocation of its global headquarters to 1271 Avenue of the Americas in Midtown, Manhattan. The new headquarters will span eight floors or approximately 325,000 feet.
185 Broadway has been vertically progressing over the lower stretch of Broadway and the surrounding Financial District neighborhood. The 31-story mixed-use superstructure is designed by FXCollaborative and developed by SL Green, and is slated to open as a 404-foot tall, 260,000-square-foot development. The site is located next to the western entrance to the Fulton Street station and is one street away from the World Trade Center.
After a brief pause in construction, work has resumed on the Marriott Residence Inn at 215 Pearl Street in the Financial District. The 38-story building comprises approximately 165,655 feet and was initially designed by Nobutaka Ashihara Architects, with whom Gene Kaufman worked to transition the project.
The cubic structure of the Ronald O. Perelman Performing Arts Center is continuing to take shape in the Financial District. Designed by REX and developed by the Port Authority of New York and New Jersey with Davis Brody Bond Architects as the executive architect, the 138-foot-tall structure is located in the World Trade Center complex at the foot of One World Trade. A lot of progress has occurred since our last update in early February, when the steel trusses that form the bottom portion of the superstructure were just being assembled. Now work has climbed well above with the formation of the multi-story perimeter of V-shaped columns. This section of the building will be enclosed in the white marble façade.
A consortium of engineers and traffic planners have teamed up on proposals to construct a series of vehicle-free “ribbon” bridges connecting Manhattan to the outer boroughs and New Jersey. The group is led by Samuel Schwartz, former Traffic Commissioner of New York City’s Department of Transportation.