Downtown

51 Park Place

Permits Filed for Religious Community Facility at 51 Park Place, Tribeca

With verticality possibly imminent at 45 Park Place, on the edge of the Financial District and Tribeca, Sharif El-Gamal of Soho Properties has now filed applications for a neighboring community facility, at 51 Park Place. Scott Newman of Cooper Robertson is listed as the architect, and the plans seem to be an updated version of the site’s former mosque, which was demolished back in 2011 to make way for the new residential tower.

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115 Delancey Street

115 Delancey Street Officially Tops Out, Lower East Side

The tallest of nine structures comprising the Essex Crossing development, at 115 Delancey Street, has officially topped-out. The last time YIMBY reported on the site, it had just risen above street level, back in late January. The 26-story building will include 195 rental apartments, of which 98 will be affordable. Its developer, Delancey Street Associates, is comprised of BFC Partners, L+M Development Partners, and Taconic Investment Partners.

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537 Greenwich Street

Financing Secured for 27-Story Condo Tower at 537 Greenwich Street, Hudson Square

Post-rezoning, Hudson Square is bustling with residential redevelopments, with sites like 100 Varick, 100 Vandam, and 565 Broome Street now rising all at once. Another tower will soon join the mix, as Eastern Consolidated has now secured a $215 million construction loan for 537 Greenwich Street, which will be developed by Cape Advisors and Strategic Real Estate LLC.

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