Financial District

125 Greenwich Street Lands $313 Million to Finish Construction in Manhattan’s Financial District

8:00 am on February 7, 2023 By Michael Young

Fortress Investment Group, Bizzi & Partners, and U.S. Immigration Fund have closed on $313 million in construction financing to complete 125 Greenwich Street, a stalled 88-story residential skyscraper in Manhattan’s Financial District. Designed by Rafael Viñoly Architects, the 912-foot-tall structure is planned to yield 273 condominium units with interiors by March & White and marketing by Douglas Elliman Marketing Development, which is aiming to launch sales this fall. The loan was provided by Northwind Group, a debt fund manager headquartered in New York City. Work will resume with Time Square Construction and Plaza Construction jointly managing contracting duties for the property located at the corner of Greenwich and Thames Streets, just south of the World Trade Center complex and Liberty Park.

Read More
Street view of 60 Broad Street

Capital Improvement Program Revealed for 60 Broad Street in Manhattan’s Financial District

7:30 am on January 20, 2023 By Sebastian Morris

Piedmont Office Realty Trust has revealed an extensive capital improvement program at 60 Broad Street, a 38-story mid-century office tower in Manhattan’s Financial District. Designed by Morris Adjmi Architects, a tenant at the building, the overhaul will create a new building entryway, a renovated lobby, modernized elevator cabs, and new amenity spaces. The property is bound by Beaver Street to the south, Broad Street to the east, and New Street to the west.

Read More
Rendering of CompletePlayground at 30 Broad Street in Financial District, Manhattan

Underground Family Activity Center to Debut at 30 Broad Street in Financial District, Manhattan

7:00 am on January 16, 2023 By Sebastian Morris

CompletePlayground, a new nonprofit organization, will open its first family activity center at 30 Broad Street. The 40,000-square-foot underground playground is designed to accommodate children of all abilities, including those with special needs. The playground will occupy a portion of New York Sports Club’s former Financial District location.

Read More

111 Wall Street’s New Façade Approaches Halfway Mark in Financial District, Manhattan

8:00 am on January 3, 2023 By Michael Young

Renovation work is progressing on 111 Wall Street, a 25-story commercial building in Manhattan’s Financial District. Designed by STUDIOS Architecture and developed by Wafra Capital Partners and The Nightingale Group, the $100 million project involves the full replacement of the structure’s mid-century façade, gut renovation of its 1.5 million square feet of office space, and the construction of an expanded lobby and amenity spaces designed by URBN Playground. Hunter Roberts Construction Group is the general contractor and JLL is handling leasing for the property, which is bound by Wall Street and Mannahatta Park to the northeast, Front Street to the northwest, South Street and the FDR Drive to the southeast, and Gouverneur Lane to the southwest.

Read More
Fetching more...