Financial District

Work Underway on One Liberty Plaza Amenity Suite In Financial District, Manhattan

By Max Gillespie

Construction is underway on a 37,000-square-foot tenant amenity center at One Liberty Plaza, a 54-story, 2.3-million-square-foot office skyscraper at 165 Broadway in Manhattan’s Financial District. Designed by international architecture and design firm HLW and developed by owner Brookfield Properties, the facility will feature a fitness center, conference and training rooms, a café, and a feature bar, along with gathering spaces designed to support meetings, client engagement, and tenant events. The property spans a full block bounded by Cortlandt Street, Liberty Street, Church Street, and Broadway.

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1,568-Unit Residential Conversion Underway At 111 Wall Street In Financial District, Manhattan

By Max Gillespie

Construction is underway on the office-to-residential conversion of 111 Wall Street, a 30-story tower in Manhattan’s Financial District. Designed by Gensler and developed by InterVest Capital Partners and MetroLoft Development, the project will span more than 899,000 square feet and yield approximately 1,568 rental units. Twenty-five percent of the residential inventory will be reserved for affordable housing for residents earning an average of 80 percent of the area median income, qualifying the development for New York City’s Affordable Housing Conversion Program. The development will also include 7,000 square feet of ground-floor retail space and more than 100,000 square feet of amenities. The property is located between South and Front Streets.

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2 World Trade Center. Rendering courtesy of Foster + Partners.

2 World Trade Center Officially Restarts Construction with Ceremonial Groundbreaking in Financial District, Manhattan

By Michael Young and Matt Pruznick

A groundbreaking ceremony was held yesterday to mark the official resumption of construction on 2 World Trade Center, a 55-story commercial supertall in Manhattan’s Financial District. Designed by Norman Foster of Foster + Partners and developed by Silverstein Properties, the 1,226-foot-tall skyscraper is the final component of the 16-acre World Trade Center complex and is slated to yield 2 million rentable square feet of office space. Port Authority of New York & New Jersey (PANYNJ) is the owner of the project site, which occupies a full block bounded by Vesey Street to the north, Fulton Street to the south, Church Street to the east, and Greenwich Street to the west.

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50-58 Cliff Street. Rendering courtesy of Dattner Architects.

New Renderings Revealed for 50-58 Cliff Street in Financial District, Manhattan

By Michael Young and Matt Pruznick

New renderings have been revealed for 50-58 Cliff Street, a forthcoming 24-story all-affordable residential tower in Lower Manhattan’s Financial District. Designed by Dattner Architects and developed by Trinity Church and Settlement Housing Fund, the structure is slated to yield 120 below-market-rate rental units, with 18 dedicated to formerly homeless individuals. The nearly $70 million project would also include ground-floor social services. The 6,000-square-foot property is located near the corner of Cliff and Fulton Streets.

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