Downtown

Foundations at 50 Trinity Place Partially Reach Street Level in Financial District

Foundation work has partially reached street level at 50 Trinity Place in the Financial District, the site of a new Aloft Hotel. The first half of the ground-floor slab has been formed, while the eastern half has yet to catch up. Bundles of steel rebar for the columns can also be spotted standing vertically on the property. Located diagonally across from Trinity Church at the corner of Trinity Place and Rector Street, the project is designed by Peter Poon Architects and is being developed by FIT Investment Corporation, which purchased the Lower Manhattan site for $15 million in 2012.

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David Adjaye’s 130 William Street Finishes Curtain Wall Installation in Financial District

The final charcoal-colored curtain wall panels were recently hoisted into place on 130 William Street, the 19th tallest skyscraper under construction in our annual countdown. Designed by David Adjaye of Adjaye Associates, the 800-foot-tall residential building made rapid progress throughout 2019, capped now by the completion of its signature façade of concrete-cast arches. The 66-story Financial District project is being developed by Lightstone, with Hill West Architects as the architect of record. Corcoran Sunshine Marketing Group is handling sales and marketing for the 242 residential units, which will range in price from around $1,300,000 for a one-bedroom to $20,000,000 for a four-bedroom, full-floor penthouse.

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14-16 Fifth Avenue in Greenwich Village, Manhattan

Permits Filed for 14-16 Fifth Avenue in Greenwich Village, Manhattan

Permits have been filed for a 21-story residential building at 14-16 Fifth Avenue in Greenwich Village, Manhattan. Located between East 8th Street and East 9th Street, the lot is one block north of Washington Square Park and a short walk to the 8th Street subway station, serviced by the R and W trains. Madison Realty Capital is listed as the owner behind the applications, purchasing the mixed-use property in 2015 from City Urban Realty for $27.5 million.

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72 Grand Avenue in SoHo, Manhattan

Permits Filed for 72 Grand Street in SoHo, Manhattan

Permits have been filed for a five-story commercial building at 72 Grand Street in SoHo, Manhattan. Located on the corner of Wooster Street and Grand Street, the lot is near the Canal Street subway station, serviced by the A, C, and E trains. Uri Omari of 72 Grand Partners is listed as the owner behind the applications.

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Construction Progresses Rapidly at 86 Delancey Street on the Lower East Side

Installation of the dark-colored exterior panels and balconies of 86 Delancey Street is getting close to completion. Meanwhile, interior work is also progressing rapidly at the 12-story mixed-use residential building on the Lower East Side. YIMBY last reported back in July 2017 that SWA Architecture is the designer and David Escava is developing the project, which will have 23,668 square feet of residential space split between 24 units, for an average of just under 1,000 square feet apiece.

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