225 Bowery

Reveal For 14-Story, 200-Key Ace Hotel Redevelopment At 255 Bowery, Lower East Side

Developers Omnia Group and North Wind Group are working to transform the 10-story, 55,000-square-foot former Salvation Army shelter at 225 Bowery, on the Lower East Side, into a 14-story, 200-key Ace Hotel. Bowery Boogie now has renderings of the project, which would expand the building by four stories. The expansion comes at the expense of a three-story, 8,300-square-foot structure at 223 Bowery, which was demolished this past January. Once the property is redeveloped, the ground floor will host the hotel lobby, a 130-seat restaurant, and retail space. There will also be a bar on the 11th floor, along with a roof terrace and a gym. HAKS is designing and is serving as the architect of record. The building was purchased for a little more than $30 million back in 2014.

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World Trade Center Transportation Hub

World Trade Center Transportation Hub Opens To The Public, Financial District

This past January, news broke that the $3.9 billion World Trade Center Transportation Hub in the Financial District would open to the public in early March. Last week, Curbed NY gave you a sneak peek inside the Santiago Calatrava-designed structure, and yesterday, on March 3rd, the hub officially opened. As seen in the photos, only a large chunk of the main concourse is open right now, and the rest of the structure is expected to follow in phases over the next few months. That includes 365,000 square feet of retail space to be managed by Westfield Corp. The Port Authority can now prepare to remove the temporary PATH station entrance near One World Trade Center, site of the planned World Trade Center Performing Arts Center, or PAC WTC. As reported earlier, the new transit hub now serves as the connection point for 11 subway lines, World Trade Center-bound PATH trains, multiple bus lines, and ferry service.

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425 Hoyt Street

Three-Story, 17,301-Square-Foot Commercial Conversion Planned At 425 Hoyt Street, Gowanus

Developer Peter Moore has recently filed applications to turn the former two-story, 15,342-square-foot industrial building at 425 Hoyt Street, in Gowanus, into a three-story, multi-use commercial building. Filings indicate the structure will be expanded by 3,956 square feet and will eventually boast 17,301 square feet of commercial space. DNAinfo reports the ground floor will most likely be leased as office space, although the Schedule A says it could also be retail space. The second and third floors would host private art galleries to showcase and/or store artwork. The developer is banking on plans to clean up and build a park along the Gowanus Canal that would hopefully make the area more attractive. Chinatown-based Jung Wor Chin is the architect of record.

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