State agency The Port Authority and Lower Manhattan Development Group have agreed to issue a joint RFP and divide proceeds generated from the development of 5 World Trade Center. A lengthy dispute between the parties had prevented any progress on the final remaining site within the World Trade Center complex, though it still remains unclear what future property will rise from the parcel, which could yield a tower spanning over one million square feet.
On Friday, May 31, 2019, a new section of the 9/11 Memorial called the 9/11 Memorial Glade opened to the public in the Financial District. Designed by the original architects of the eight-acre memorial site, Michael Arad and Peter Walker, the dedicated space is located on the corner of West Street and Liberty Street, next to the Survivor Tree by the South Tower reflecting pool. Six large, upward-sloping monolithic stones are arranged on the edges of a newly-created, diagonally-oriented walkway. The Memorial Glade is to honor the men and women who have contributed to the recovery, rescue, and relief efforts during and after the 9/11 attacks and are sick, injured, or have passed away.
Permits have been filed for a 19-story mixed-use building at 59 Henry Street in Two Bridges, Manhattan. Located between Catherine Street and Market Street, the interior lot is a few blocks west of the East Broadway subway station, serviced by the F train. W & L Group is listed as the owner behind the applications.
Gene Kaufman’s upcoming Marriott Courtyard and Residence Inn at 215 Pearl Street is steadily getting closer to the finish line. The project is a 396-foot-tall and 39-story hotel in the heart of Lower Manhattan’s Financial District. 320 suites are expected to be created inside the 165,655-square-foot reinforced concrete structure. Rooms will begin on the fifth floor, and terminate on the 37th floor. Nobutaka Ashihara Architects is the architect of record, while Lam Group is the developer of the project. The site is located at the intersection of Pearl Street and Platt Street.
The dark-colored exterior of 30 Warren Street has been hidden beneath scaffolding and black netting for quite some time. Now, a large portion of the facade can be seen from the street and from above. The future 12-story condominium is being designed by Post-Office Architects (POA), while HTO Architects serves as the executive architect. Cape Advisors is the developer of the Tribeca property, which sits along Church Street, between Warren Street and Chambers Streets. Sales and marketing are being led by Corcoran Sunshine Marketing Group.