Downtown

PAC diagram, image by REX

Construction Begins Underneath The Ronald O. Perelman Performing Arts Center, World Trade Center

YIMBY reported on the demolition of the temporary WTC PATH station last August, and we revealed renderings for the Ronald O. Perelman Performing Arts Center last September. The complexity of the site within the new World Trade Center means that several additional steps must be completed before work can begin on the actual PAC, but now, construction has begun on the Vehicle Security Center, which will sit directly underneath the PAC.

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23 Park Row

Foundation Work Begins, New Rendering for 23 Park Row, Financial District

On the northern edge of the Financial District, construction is making major headway on the site comprising 23 Park Row, which will imminently stand 54 floors and 701 feet to its rooftop. YIMBY reported on permits back in April of 2016, before posting the first renderings last June. The tower, designed by COOKFOX Architects, will become one of the more prominent residential buildings in the neighborhood, and foundation work at the site has now begun.

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111 Varick Street

Permits Filed for 111 Varick Street, Hudson Square

Among the many neighborhoods that comprise Lower Manhattan, few have an identity as abstract as “Hudson Square,” which was only dubbed thusly relatively recently, following a re-zoning. While it will still take a few more years for New Yorkers to realize it isn’t “beyond Tribeca,” “below the Village,” or “no bridge, just tunnel,” developers have raced ahead of impending recognition with plans for several new buildings, including 565 Broome Street, 100 Vandam Street, and now, another, at 111 Varick Street.

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45 Park Place

45 Park Place Gets Ready to Rise, Tribeca

One block west of Downtown’s tallest residential building at 30 Park Place, another condominium tower is finally getting ready to rise. YIMBY reported on 45 Park Place’s initial building applications back in May of 2014, but it has taken three years to navigate both planning and financing. Now, foundation work is making headway, signaling the skyscraper should begin its ascent within the next few months.

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