Construction Update

Seaport Residence’s Glass Curtain Continues Installation in Financial District

The glass façade of Seaport Residences, formally addressed as One Seaport, aka 161 Maiden Lane, is continuing to rise up the slender reinforced concrete superstructure in the Financial District. Most of the blue glass envelope on the eastern elevation is complete, though not much progress has occurred on the other sides of the skyscraper. Designed by Hill West Architects and developed by Fortis Property Group LLC, the 200,000-square-foot, 60-story residential building will contain 80 units, sales of which will be handled by Douglas Elliman Development Marketing. Ray Builders is the current contractor for the South Street Seaport-adjacent project, while Groves & Co is serving as the interior designer.


25 Park Row Prepares For Anticipated Spring Debut in the Financial District

Work is nearing completion at 25 Park Row, a 702-foot-tall mixed-use skyscraper in the Financial District. Designed by COOKFOX Architects and developed by L+M Development Partners along with the family behind J&R Music World, the 50-story building will contain 110 residences marketed by Corcoran Sunshine Marketing Group, as well as commercial space handled by Cushman & Wakefield.

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Excavation Underway For 12-Story Residential Building At 530 Sixth Avenue In Chelsea

Excavation is underway at 530 Sixth Avenue in Chelsea, in preparation for the construction of a 12-story residential building. Located at the corner of Sixth Avenue and West 14th Street, the 63,000-square-foot project is designed by Morris Adjmi Architects and is being developed by Landsea Homes and DNA Development, which purchased the property for $53 million from Extell in the fall of 2018.

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Ronald O. Perelman Performing Arts Center’s Steel Structure Continues Formation in the Financial District

The cubic structure of the Ronald O. Perelman Performing Arts Center is taking shape at the World Trade Center complex in the Financial District. The site has seen a tremendous amount of progress since YIMBY’s November update. Designed by REX and developed by the Port Authority of New York and New Jersey with Davis Brody Bond Architects as the executive architect, the 138-foot-tall structure is situated immediately to the east of One World Trade Center.

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