Retail

Anish Kapoor’s Bean Sculpture at 56 Leonard Street Awaits Completion in Tribeca, Manhattan

Work has still yet to finish on the amorphous mirrored “bean” sculpture at the base of 56 Leonard Street, an 821-foot-tall residential skyscraper in Tribeca. The art piece, which sits partially complete between the sidewalk and the cantilevering ceiling of the ground floor by the intersection of Church and Leonard Streets, is the work of Anish Kapoor, the creator of Chicago’s chrome steel-plated Cloud Gate and the ArcelorMittal Orbit from the 2012 London Summer Olympics. Herzog & de Meuron and Hill West Architects are the designers of the tower, one of the tallest structures in Lower Manhattan.

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One Wall Street’s Residential Conversion and Addition Continues in the Financial District

Work is progressing on the residential conversion and retail addition on the 90-year-old One Wall Street in the Financial District. Designed by SLCE Architects and developed by Macklowe Properties, the projected $1.5 billion undertaking is poised to be the largest office-to-condominium conversion in New York City history. When complete, the 654-foot-tall property will yield a total of 566 residential units with sales handled and marketed by Compass, as well as a 44,000-square-foot Whole Foods Market and a Life Time fitness center on the lower levels.

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Five World Trade Center’s 900-Foot-Tall Redesign by Kohn Pedersen Fox Revealed, in Manhattan’s Financial District

In an exciting reveal for the ongoing redevelopment and rebuilding of the World Trade Center, Kohn Pedersen Fox has unveiled the first set of renderings for its proposed 900-foot-tall design for Five World Trade Center, aka 130 Liberty Street. The Port Authority of New York and New Jersey selected the winning bid at a board meeting on Thursday afternoon to allow Silverstein Properties, Brookfield Properties, Omni New York LLC, and Dabar Development Partners to lease the 1.56-million-square-foot mixed-use building under a 99-year ground lease.

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