Governor Kathy Hochul has announced significant energy-efficient lighting upgrades for One World Trade Center, marking an important step in New York’s commitment to sustainability and energy conservation.
Leading off our Turkey Week rundown of prominent stalled projects in New York City is Seaport Residences, a 60-story residential skyscraper at 161 Maiden Lane along the border of Lower Manhattan’s Financial District and the South Street Seaport District. Designed by Hill West Architects and developed by Fortis Property Group, the slender 670-foot-tall tower, originally dubbed One Seaport, was planned to span 200,000 square feet and yield 80 condominium units with interiors by Groves & Co. Ray Builders was the last general contractor to work on the beleaguered project, which stands on a narrow site bound by South Street and Maiden Lane, directly across from the FDR Drive and the East River.
Mayor Eric Adams and the New York City Economic Development Corporation have announced plans to transform the Downtown Manhattan Heliport into a facility with the capacity to support electric flight technologies. This initiative is part of a broader effort to enhance urban sustainability and reduce noise pollution in New York City.
Hudson Square Properties, a collaboration between Trinity Church Wall Street, Norges Bank Investment Management, and Hines, is celebrating the opening of 555 Greenwich, a 16-story, 270,000-square-foot office tower in Hudson Square. The project, designed by COOKFOX, integrates with the adjacent 345 Hudson Street, forming a full-block campus.
Construction is continuing on The Greenwich, an 88-story residential skyscraper at 125 Greenwich Street in Manhattan’s Financial District. Designed by Rafael Viñoly Architects and developed by Fortress Investment Group, Bilgili, and Bizzi & Partners, the 912-foot-tall structure will yield 273 condominium units designed by March & White (MAWD) and marketed by Douglas Elliman Marketing Development, which is aiming to launch sales later this fall. Homes will range from studios to three-bedroom layouts with pricing starting at $1.15 million. Time Square Construction and Plaza Construction are the general contractors for the property, which is located at the corner of Greenwich and Thames Streets, just south of the World Trade Center complex and Liberty Park.
