Peter Poon

50 Trinity Place’s Foundation Work Progressing in the Financial District

Excavation and pilings work are underway at 50 Trinity Place in the Financial District, where a 28-story Aloft Hotel will soon rise. The corner property will yield 77,310 square feet and 173 rooms, with seven to eight rooms per floor. There will also be a ground-floor restaurant adjacent to the main lobby, as well as a fitness center on the second floor for hotel guests. The project is designed by Peter Poon Architects and developed by FIT Investment Corporation, which purchased the Lower Manhattan property for $15 million from Sam Chang in 2012.

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Aloft Hotel’s Superstructure Climbs Higher at 132 West 28th Street, in Chelsea

The reinforced concrete structure of the 203-room Aloft Hotel at 132 West 28th Street has risen to the tenth floor above Chelsea. YIMBY last reported on the project in late March, when foundations were just about to reach street level. Peter Poon Architects is the designer and while Frank Ng is the developer of the 326-foot-tall, 32-story tower. Now three months of construction work has made the reinforced concrete structure rise to the tenth floor.

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151 Maiden Lane at left, One Seaport at right

151 Maiden Lane and One Seaport Rising Quickly, Financial District

At the intersection of the Financial District and the beginnings of South Street Seaport lies Maiden Lane, which is rapidly transforming into a continuation of the high-rise corridor to the south. On one particular corner, at the intersection with Front Street, two buildings are now rising. Thanks to YIMBY Forumer Rich Brome we have photos of the new hotel coming to 151 Maiden Lane, which is already several floors above street level, as well as the residential tower rising at One Seaport, climbing next door at a slightly slower pace.

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50 Bowery

20-Story, 229-Key Joie de Vivre Hotel Tops Out At 50 Bowery, Chinatown

This past July, the 20-story, 229-key Joie de Vivre hotel under construction at 50 Bowery, in Chinatown, was at the 17th floor and receiving its first glass panels. Now, the building is topped out, and glass is nearing the top of the structure, per Bowery Boogie. Commune Hotel & Resorts is developing, and Peter Poon Architects is designing. The building is expected to open in the spring of 2016.


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