Financial District

Affordable Housing Lottery Launches for 143 Units at 55 Broad Street in the Financial District

The affordable housing lottery has launched for 55 Broad Street, a 36-story office-to-residential conversion in Manhattan’s Financial District. Designed by CetraRuddy and developed by Silverstein Properties and Metro Loft, the structure yields 571 residences. Available on NYC Housing Connect are 143 units for residents at 40 to 100 percent of the area median income (AMI), ranging in eligible income from $37,578 to $200,900.

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222 Broadway. Photo by Michael Young.

222 Broadway Begins 798-Unit Office-to-Residential Conversion In Manhattan’s Financial District

Work is underway on the office-to-residential conversion of 222 Broadway, a 31-story building in Lower Manhattan’s Financial District. Designed by CetraRuddy and developed by TPG Real Estate and GFP Real Estate, the project will transform the structure’s 770,416 square feet into 798 rental apartments and 40,000 square feet of commercial space. The $43.6 million overhaul will also involve the partial re-cladding of the midcentury façade and the construction of a 40-foot extension atop the parapet, bringing the total height to 430 feet, according to permits. The property is bounded by Ann Street to the north, Fulton Street to the south, and Broadway to the west.

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New Design Revealed for 2 World Trade Center in Financial District, Manhattan

A new redesign has been revealed for 2 World Trade Center, the final supertall component of the 16-acre World Trade Center complex in Manhattan’s Financial District. Designed by Norman Foster of Foster + Partners and developed by Silverstein Properties, the skyscraper is now slated to stand 62 stories and 1,230 feet tall, down from the 80-story, 1,348-foot-tall scope of the previous iteration. The building will yield 2.2 million square feet of office space and rise from a full-block property 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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27 Cliff Street, via Google Maps

NYPD Opens New World Trade Center Command Facility At 27 Cliff Street In Financial District, Manhattan

The New York City Police Department has opened a new World Trade Center (WTC) Command facility at 27 Cliff Street in Manhattan’s Financial District, replacing its previous headquarters at 16 Ericsson Place. Overseen by the NYPD’s Intelligence and Counterterrorism Bureau, the new facility was established to better support the unit responsible for safeguarding the 16-acre WTC campus. The project was completed in coordination with the Department of Citywide Administrative Services (DCAS) and various city real estate partners.

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French Department Store Printemps Opens At One Wall Street in Financial District, Manhattan

Printemps, the 160-year-old upscale French department store, opened its first U.S. location this morning at One Wall Street in Lower Manhattan’s Financial District. Designed by Laura Gonzalez in the style of a Parisian apartment, the 55,000-square-foot outpost spans two stories and is the final component in the transformation of the historic 564-foot-tall Art Deco skyscraper, which underwent an office-to-residential conversion that finished in 2023. The property yields 566 condominium units, 100,000 square feet of private amenities, as well as a Whole Foods Market and Life Time fitness facility in its base. Printemps is located along Broadway between Wall Street and Exchange Place.

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