Financial District

Housing Lottery Launches for Aria 7 Platt at 7-13 Platt Street in Manhattan’s Financial District

The affordable housing lottery has launched for Aria 7 Platt, a 38-story mixed-use building at 7-13 Platt Street in Manhattan’s Financial District. Designed by Hill West and developed by The Moinian Group, the structure yields 250 residences. Available on NYC Housing Connect are 75 units for residents at 70 to 130 percent of the area median income (AMI), ranging in eligible income from $68,126 to $227,500.

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61 Broadway. Image courtesy of CoStar Group.

61 Broadway Readies for 796-Unit Office-to-Residential Conversion in Financial District, Manhattan

Work is expected to begin later this month on the office-to-residential conversion of 61 Broadway, a 33-story tower in Manhattan’s Financial District. Designed by CetraRuddy and developed in a joint venture between RXR and One Investment Management, the project will yield 796 rental apartments, with roughly 200 set aside for affordable housing, along with 40,000 square feet of amenities. The 670,000-square-foot building was originally designed by Francis Kimball in 1913 for the Adams Express Company and is bounded by Exchange Ally to the south, Broadway to the east, and Trinity Place to the west.

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8 Carlisle Street. Designed by Handel Architects.

8 Carlisle Street Rises Higher Above Manhattan’s Financial District

Construction is rising quickly on 8 Carlisle, a 64-story residential skyscraper at 8 Carlisle Street in Manhattan’s Financial District. Designed by Handel Architects and developed by Grubb Properties and Pink Stone Capital, the 789-foot-tall structure will span 326,221 square feet and yield 462 residential units. The project will also include 7,000 square feet of ground-floor retail space and a 60-foot-long rear yard. The property is alternately addressed as 111 Washington Street and located at the corner of Washington and Carlisle Streets, just south of the World Trade Center complex.

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

2 World Trade Center to Resume Construction in Financial District, Manhattan

Construction will soon restart on 2 World Trade Center following a commitment by American Express to serve as the anchor tenant for the 1,226-foot Financial District supertall. Designed by Norman Foster of Foster + Partners and developed by Silverstein Properties, the 55-story structure is the final component of the 16-acre World Trade Center complex and is slated to yield 1.95 million rentable square feet. The full-block property is 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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40 Exchange Place. Image courtesy of 40 Exchange.

40 Exchange Place Readies for 382-Unit Office-To-Residential Conversion in Financial District, Manhattan

Work is about to begin on the office-to-residential conversion of 40 Exchange Place, a 20-story commercial building in Lower Manhattan’s Financial District. Designed by Tuller McNealus Feld and developed by GFP Real Estate, the project will repurpose the structure’s 300,000 square feet into 382 rental apartments. The project will also include ground-floor retail space. A portion of the residential offering will be dedicated to affordable housing. The property is located at the intersection of Exchange Place and William Street.

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