Foundation work is progressing rapidly at 50 Trinity Place, as steel rebar and formwork for the sub-story levels are now reaching street level. Excavation and pilings were still ongoing at the time of YIMBY’s late-July update and now work will soon commence for the superstructure of the ground-up Aloft Hotel. Located in the Financial District at the corner of Trinity Place and Rector Street, diagonally across from Trinity Church, the hotel is designed by Peter Poon Architects. FIT Investment Corporation is the developer of the project, and purchased the Lower Manhattan site for $15 million from Sam Chang in 2012.
Construction is approaching the halfway mark on the Hotel Indigo at 120 Water Street in the Financial District. Designed by Gene Kaufman Architects and developed by Atlas Development, the slim reinforced concrete building will rise with a total of 28 stories and yield 52,000 square feet with 128 hotel rooms, a cellar-level fitness center for guests, a ground-floor restaurant, and a 25th-floor venue space. Fortuna Realty Group will serve as hotel management.
Work on the expansion of the Jacob K. Javits Center continues to progress in Hudson Yards. The massive expanse of steelwork is in place and offers a sense of the scale of the 1.2-million-square-foot addition. Tvsdesign is the designer and Empire State Development Corporation is the developer of the new northern wing, which is expected to cost $1.5 billion. Once completed, the project will bring the convention center’s combined square footage to 3.3 million and add an extra 22,000 square feet to the largest green roof in New York City. The construction and design build is being overseen by Lendlease in a joint venture with Turner Construction Company.
YIMBY recently went on a hard-hat tour of Madison House, aka 15 East 30th Street The slender 805-foot-tall tower is topped out as the tallest skyscraper in NoMad, standing 62 stories tall, and creates a distinct multi-pointed crown and silhouette on the Midtown skyline. The residential building is designed by Handel Architects, while Fosun Group and JD Carlisle are responsible for the nearly 300,000-square-foot development. Douglas Elliman is handling sales and marketing.
The steelwork is continuing its vertical ascent at 50 Hudson Yards, where the large rectangular floor plates have begun to reach the sixth and final floor of the podium. Designed by Norman Foster of Foster + Partners, the supertall skyscraper will eventually stand 1,011 feet tall and contain 2.9 million square feet of office space. Oxford Properties and Mitsui Fudosan are developing the project, which is the final component in the first phase of Related Companies‘ Hudson Yards and will also be the largest office building by floor space in the 28-acre master plan.