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New Renderings Revealed for SoMA Office-To-Residential Conversion At 25 Water Street in Financial District, Manhattan

New renderings have been revealed for SoMA, the largest office-to-residential conversion in the Unites States at 25 Water Street in Lower Manhattan’s Financial District. Designed by CetraRuddy and developed by GFP Real Estate, Metro Loft Management, and Rockwood Capital, the project involves the replacement of the building’s brick façade with a modern fenestration featuring more expansive windows, a gut renovation of its 1.1 million square feet of interiors, and the construction of ten new stories above its former parapet. The overhaul will yield 1,300 apartments, making it the largest conversion in the country by unit count, surpassing the 566-unit redevelopment of One Wall Street a few streets to the north. The building will also feature approximately 100,000 square feet of amenities. Pavarini McGovern is the general contractor for the property, which is bound by Water Street to the north, 2 New York Plaza to the south, the New York Vietnam Veterans Memorial to the east, and Broad Street to the west. The name SoMA pays homage to the building’s location in South Manhattan, sitting at the southernmost tip of Manhattan at the nexus of Fidi, Battery Park and the Seaport District.

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Rendering of Pearl House, courtesy of Vanbarton Group

Pearl House Office-to-Residential Conversion Is Complete At 160 Water Street In Financial District, Manhattan

Construction is complete on Pearl House, an office-to-residential conversion at 160 Water Street in Manhattan’s Financial District. Designed by Gensler and developed by Vanbarton Group, the project involved the construction of a three-story rooftop expansion atop an existing midcentury tower and the conversion of its 525,000 square feet of office space to yield 588 rental units. The property is located at the corner of Water and Fletcher Streets.

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New Rendering Revealed For 2,000-Unit Residential Skyscraper At 100 Gold Street in Financial District, Manhattan

A new rendering has been revealed for 100 Gold Street, a proposed residential skyscraper in the Financial District of Lower Manhattan. Designed by FXCollaborative, the structure is planned to yield 2,000 apartments and will replace a nine-story office building from the 1960s that houses several city agency headquarters. The rendering was revealed in Mayor Eric Adams’ State of the City address last Thursday, as part of his “Manhattan Plan” initiative to bring 100,000 new housing units to the borough over the next ten years. The site is bound by Frankfort Street to the north, Spruce Street to the south and east, and Gold Street to the west.

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The Greenwich Nears Completion at 125 Greenwich Street in Financial District, Manhattan

At number five on our year-end countdown of the tallest construction projects in New York is The Greenwich by Rafael Viñoly, a 912-foot-tall residential skyscraper at 125 Greenwich Street in Manhattan’s Financial District. Designed by Rafael Viñoly Architects and developed by Fortress Investment Group, Bilgili, and Bizzi & Partners, the 88-story structure will yield 272 condominium units in studio to three-bedroom layouts. The property is located at the corner of Greenwich and Thames Streets, just south of Liberty Park and the World Trade Center complex.

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Photograph of Historic Front Street, via the Durst Organization

New Bar Opens At 36 Peck Slip Within Historic Front Street In Financial District, Manhattan

Peck Slip Social, a new whiskey-forward bar and social space, has opened at 36 Peck Slip within Historic Front Street in Manhattan’s Financial District. The 2,100-square-foot bar was cofounded by longtime Seaport residents and partners Alex Davis and Learan Kahanov, and designed to capture the spirit of the local community. It will join a variety of retail and food businesses within Historic Front Street.

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