Commercial


560 Broadway

Reconfiguration, Upgrades Planned For Six-Story Commercial Building At 560 Broadway, SoHo

The Gural family is planning to reconfigure and make upgrades to their six-story, 122,454 square-foot commercial property at 560 Broadway, in SoHo, according to Crain’s. The building, built in 1890 and located within the SoHo-Cast Iron Historic District, will have its main entrance moved to Crosby Street. In the process, Converse – one of two ground-floor retail tenants – will gain 1,500 square feet of space and 30 feet of street frontage. In addition, two of the building’s four stairwells will be removed in exchange for elevators and 8,000 square feet of extra office space. The Landmarks Preservation Commission would have to approve the project, which would also rename the building to 100 Crosby Street. Rosen Johnson Architects is designing.



86 Trinity Place

Investor Purchases Stake At Planned 14-Story, 156-Key Hotel & Retail Conversion At 86 Trinity Place, FiDi

Clarion Partners has purchased a 70 percent stake in the vacant 14-story, 182,000 square-foot American Stock Exchange Building at 86 Trinity Place, in the Financial District. Clarion payed $105 million to GHC Development, and the developer plans to convert the former office building into commercial-retail and a 156-key hotel. Retail space will be located from the ground floor through the fifth floor, while the hotel will be located on the upper floors. A restaurant will be built on the sixth floor. The building’s floor area will technically be expanded, thanks to expansions on the fourth floor, the addition of a fifth floor, and enlargements towards the top of the building. David Nicholson’s Hell’s Kitchen-based SBLM Architects is the architect of record. [The Real Deal]


Rendering of the TWA Flight Center Hotel. Via MCR Development.

Developer Begins City Review Process For TWA Flight Center Hotel at JFK Airport

The TWA Flight Center at John F. Kennedy International Airport has been out of commission for 14 years, but if all goes according to plan, it will welcome a new slew of visitors starting in just a few years. MCR Development is planning to redevelop the landmarked 1962 Eero Saarinen building into the TWA Flight Center Hotel. It got approval from the Port Authority of New York and New Jersey in September, but yesterday announced that it is commencing the city’s Uniform Land Use Review Procedure, or ULURP.

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