Financial District

Seaport Residences Remains Indefinitely Stalled at 161 Maiden Lane in Financial District, Manhattan

8:00 am on November 20, 2023 By Michael Young and Matt Pruznick

Leading off our Turkey Week rundown of prominent stalled projects in New York City is Seaport Residences, a 60-story residential skyscraper at 161 Maiden Lane along the border of Lower Manhattan’s Financial District and the South Street Seaport District. Designed by Hill West Architects and developed by Fortis Property Group, the slender 670-foot-tall tower, originally dubbed One Seaport, was planned to span 200,000 square feet and yield 80 condominium units with interiors by Groves & Co. Ray Builders was the last general contractor to work on the beleaguered project, which stands on a narrow site bound by South Street and Maiden Lane, directly across from the FDR Drive and the East River.

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The Greenwich Continues to Wrap Up Construction at 125 Greenwich Street in Financial District, Manhattan

8:00 am on October 23, 2023 By Michael Young and Matt Pruznick

Construction is continuing on The Greenwich, an 88-story 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 912-foot-tall structure will yield 273 condominium units designed by March & White (MAWD) and marketed by Douglas Elliman Marketing Development, which is aiming to launch sales later this fall. Homes will range from studios to three-bedroom layouts with pricing starting at $1.15 million. Time Square Construction and Plaza Construction are the general contractors for the property, which is located at the corner of Greenwich and Thames Streets, just south of the World Trade Center complex and Liberty Park.

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Preliminary rendering of 111 Washington Street, formerly 8 Carlisle Street

Excavation Continues for 64-Story Skyscraper at 111 Washington Street in Financial District, Manhattan

8:00 am on October 6, 2023 By Michael Young and Matt Pruznick

Excavation is continuing at 111 Washington Street, the site of a 64-story residential skyscraper in the heart of Manhattan’s Financial District. Designed by Handel Architects and developed by Carlisle New York Apartments and Grubb Properties, which closed on a $48 million loan for the project over the summer, the 712-foot-tall structure will yield 326,221 square feet with 462 residential units, 7,000 square feet of commercial space, and a 60-foot-long rear yard. Consigli Construction is the general contractor for the property, which is alternately addressed as 8 Carlisle Street and located at the corner of Washington and Carlisle Streets.

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1 Park Row Tops Out in Financial District, Manhattan

8:00 am on October 4, 2023 By Michael Young and Matt Pruznick

Construction has topped out on 1 Park Row, a 23-story mixed-use building in Lower Manhattan’s Financial District. Designed by Fogarty Finger Architects and developed by Circle F Capital, which received a $90 million construction loan from Parkview Financial in 2021, the 305-foot-tall structure will yield 103,000 square feet with 58 condominium units in one- to three-bedroom layouts, along with 19,000 square feet of office and retail space on the lower levels. Cauldwell Wingate is the general contractor and 1 Park Row Development LLC is the owner of the property, which is located at the intersection of Park Row and Ann Street, directly across the southern tip of City Hall Park. Paris Forino is the interior designer and Ryan Serhant of SERHANT is leading sales and marketing.

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Pace University’s Campus Expansion Opens at 15 Beekman Street in Financial District, Manhattan

8:00 am on September 28, 2023 By Michael Young and Matt Pruznick

Construction is complete on 15 Beekman Street, a 27-story campus expansion for Pace University in the Financial District. Designed by Manish Chadha of Ismael Leyva Architects and developed by SL Green Realty, the 338-foot-tall tower yields 213,084 square feet for classrooms, administrative and faculty offices, common spaces, suite-style dorm rooms, a dining facility, a library and learning center, and the three-floor Seidenberg School of Computer Science and Information Systems. New Line Structures & Development was the general contractor for the project, which is alternately addressed as 126-132 Nassau Street and located at the corner of Beekman and Nassau Streets.

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