The race to the sky in Lower Manhattan continues at a breakneck pace, and while projects like 30 Park Place have sped right along towards completion, the process of building other new towers has not been nearly as easy. That’s especially true at 56 Leonard Street, but now YIMBY has news that the Herzog & de Meuron-designed skyscraper is finally topping-out.
Fisher Brothers, Witkoff, and New Valley have closed on a $445 million construction loan for their planned 58-story, 157-condo-unit luxury tower at 111 Murray Street, in Tribeca. YIMBY brought you new renderings of the Kohn Pedersen Fox-designed building last month, and David Mann is designing the interiors; retail space will also measure 2,100 square feet on the ground floor.
On adjacent triangular parcels at 100 Franklin Street — between West Broadway and Sixth Avenue, in Tribeca — DDG plans to develop two mixed-use buildings of six and eight stories tall, totaling 10 condominiums, with retail space on the ground floor. According to Crain’s Business, the Board of Standards and Appeals has granted DDG a variance to ignore a required upper-level set-back. The project is being designed in-house, and ground breaking is expected by the Fall, with completion is 2017. The LPC approved the project in January 2014.
Greystone is planning to develop a 10-story building at 108 Chambers Street, in Tribeca, according to Tribeca Citizen. The property was acquired in April for $17 million, and is currently home to a single-story retail building. The site has roughly 12,000 square feet of unused air rights, but Greystone plans to demolish the existing structure. Site preparation is expected to begin in the next few weeks, but demolition and new building applications have yet to be filed.
In early 2014, Steven Schnall’s six-story, nine-unit residential building topped-out at 15 Leonard Street, in Tribeca, and now Curbed has photos of the structure’s completed façade. Turett Collaborative Architects is designing, and the building is almost ready for opening after just two years since construction initially began. Curtis + Ginsberg Architects is serving as architect of record.
