Downtown

First Glass Panels Installed on FXCollaborative’s 77 Greenwich Street, in Financial District

The first reflective glass panels have begun going up on the southern façade of 77 Greenwich Street in the Financial District. These will eventually cover the entire 350-foot-tall residential section that sits above a 150-foot retail and grade school podium. The 42-story mixed-use skyscraper is being designed by FXCollaborativeTrinity Place Holdings is the developer, while Deborah Berke Partners is in charge of the interior design. Sales have also launched for the 90 condominium units, which will range from one- to four-bedroom homes.  Pricing begins at $1.78 million for a one-bedroom residence.

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Excavation in Full Swing at 50 Trinity Place, in Financial District

Excavation work is underway at 50 Trinity Place in the Financial District, where a ground-up, 28-story Aloft Hotel will soon rise. The upcoming reinforced concrete building will yield 173 rooms and 77,310 square feet of newly built space. Plans also call for a ground-floor restaurant adjacent to the lobby, as well as a fitness center on the second floor and seven to eight rooms per floor up to the last occupiable level. Peter Poon Architects is the designer of the tower while FIT Investment Corporation is the developer. The site was previously purchased for $15 million from Sam Chang in 2012.

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45 Park Place’s Superstructure Approaches Topping-Out 667 Feet Atop Tribeca

Construction is getting very close to topping out at 45 Park Place, one of the newest towers to rise along the border of Tribeca and the Financial District. The upcoming 667-foot-tall residential skyscraper is being designed by SOMA Architects, with Ismael Leyva Architects serving as the executive and residential architect. Sharif el-Gamal of Soho Properties is the developer of the reinforced concrete structure, which will stand 43 stories high. Sales of the units, which feature interiors designed by Piero Lissoni, are being handled by Corcoran Sunshine.

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Unique Brick Façade and New Interior Shots Unveiled For 100 Franklin Street, in Tribeca

The uniquely detailed façade of 100 Franklin Street in the Tribeca East Historic District is beginning to be revealed. The residential project consists of conjoined triangular-shaped buildings on a narrow property, yielding ten full-floor residences. Half of the scaffolding and white sheathing that was covering the main eastern elevation has now been disassembled, exposing its detailed masonry craftsmanship. DDG is the architect of the project. The intricately detailed curtain wall uses hand-laid Petersen Tegl bricks. Douglas Elliman is in charge of handling sales.

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Condo Sales Launch for Landmarked Broad Exchange Building at 25 Broad Street, in the Financial District

The condominium conversion and redevelopment of the landmarked Broad Exchange Building, aka 25 Broad Street, has officially wrapped, with sales now launching. The structure was designed by Clinton & Russell, and was once the largest office building in the Financial District and all of Manhattan, formerly serving as the headquarters of investment bank and stock brokerage firm Paine Webber. It was designated as a landmark in 2000. A total of 307 units will be created and be divided between 168 one-bedrooms, 135 two-bedrooms, and four penthouses. Prices will start from under $1 million and range from about $950 per square foot on the ground floor to $2,150 per square foot for the top floors, with LCOR serving as the site’s developer.

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