Façade Work Progresses at 120 Water Street in Financial District

120 Water Street. Rendering by Gene Kaufman Architects

Work is moving along on 120 Water Street, a topped-out, 28-story project from Gene Kaufman Architects and Atlas Hospitality in the Financial District. The 52,000-square-foot building will contain a Hotel Indigo with 128 rooms managed by Fortuna Realty Group.

Recent photos show the state of progress at the site, which is located between Pine Street and Wall Street. Most of the building’s large windows have been installed on the main elevation, and much of the reinforced concrete superstructure is encased in a green waterproof membrane. This will eventually be covered by the project’s signature indigo-colored curtain wall, which has yet to begin installation. The parapet is now fully formed and the concrete formwork and scaffolding that cluttered the summit at the time of YIMBY’s last visit in February have been removed.

120 Water Street. Photo by Michael Young

120 Water Street. Photo by Michael Young

120 Water Street. Photo by Michael Young

120 Water Street. Photo by Michael Young

Hotel amenities include a cellar-level fitness center, a ground-floor restaurant, and a 25th-floor venue space, which will feature a balcony that cantilevers over the main elevation. Renderings show this balcony colored bright yellow, a hue that will match the treatment of the thin cross beams in front of the hotel windows below the main setback. Continuing this motif, a subtle pattern of triangles flanks the strip of narrow windows on the centerline of the upper portion of the building.

The nearest transit options are the 2 and 3 trains at the Wall Street station, which can be accessed via the interior public space at 60 Wall Street. Further west are the J and Z trains, and the New York Stock Exchange at the intersection of Broad Street and Wall Street. A number of destinations and landmarks are within easy walking distance, including the Westfield Mall at the World Trade Center, the 9/11 Memorial, Pier 17, the Staten Island Ferry, Brookfield Place, the Charging Bull, City Hall Park, and Battery Park.

120 Water Street is estimated to be finished around the end of the year.

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5 Comments on "Façade Work Progresses at 120 Water Street in Financial District"

  1. Are those vinyl windows?

  2. So sad to see the Kaufman Architects “virus” still inflicting visual blight across the city. Too bad there isn’t a cure for this “crapitecture”?

  3. It looks like an IKEA hotel.

  4. Another Gene Kaufman-designed, value-engineered piece of crapola. Do better, Gene!

  5. Harsh fiesty bunch here. Buikding dont look special. But for a higher end love shack it will work.

    All the guests will be business travelers. Expensing 550 mid rooms?

    Can this work in 2023?

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