Downtown

NYC Bodega,

Why Bodegas Are Crucial To The Continued Success of New York City Real Estate

Technology and urbanity have a long and tempestuous relationship, with the former’s advancement over the past century having had an occasionally deleterious effect on the latter. This has been most evident when periods of previously unimaginable progress have yielded inventions like the automobile, which in turn led to the temporary collapse of many inner cities. Now, as online retail continues to outpace brick and mortar shopping, technology has once again laid siege to the fabric of New York City, threatening the time-honored local bodega, and potentially undermining a segment of local retail that has value far beyond its shelves.

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161 Maiden Lane, design by Hill West Architects

One Seaport Making Headway, Gets First Glass, Financial District

One Seaport isn’t one of the tallest buildings going up in the Financial District at the moment, which is actually one of the most obvious testaments to how substantial the neighborhood’s ongoing boom is, as the tower will eventually stand 57 floors and 670 feet to its rooftop. But its location near the waterfront means that the skyscraper doesn’t need quite as much height as some other sites to take advantage of views and achieve prominence on the cityscape, and it is now doing exactly that as it approaches the halfway point in its rise, with glass installation also starting.

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Foster's 200 Greenwich, composite by Jose Hernandez, image originally by Joe Woolhead

200 Greenwich Street May Finally Have an Anchor Tenant

The World Trade Center’s reconstruction has been in the works for over fifteen years, with multiple iterations of 200 Greenwich Street, aka Two World Trade Center, making the media rounds. Now, the New York Post’s Steve Cuozzo has reported that Deutsche Bank may be returning to the WTC, with the firm possibly set to lease 1.3 million square feet of space within the site’s last unbuilt supertall.

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330 Grand Street

Permits Filed for 330 Grand Street, Lower East Side

The Lower East Side‘s gradual densification continues apace, and new building applications have now been filed for 330 Grand Street, between Orchard and Ludlow Streets. The new structure will rise six floors and total 11,000 square feet of residential space, to be divided between twelve units. At over 900 square feet apiece, that means condominiums are possible here, though rentals could also result. Martin Kapell of Think Architecture + Design is the site’s architect, Daniel Wise of 330 Grand Street LLC is listed as the developer, and permits for demolishing the existing structures, which span 330-332 Grand Street, were filed this May.

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