Downtown

Whole Foods Market Leases 44,000 Square Feet at 1 Wall Street Conversion, Financial District

6:30 am on July 29, 2016 By Reid Wilson

A Whole Foods Market will take up 44,000-square feet across the ground and second floors of 1 Wall Street, in the Financial District, Commercial Observer reported. The 50-story, 654-foot-tall office building – part of which is an individual landmark – is currently being converted into 155,000 square feet of commercial-retail space and 524 residential units. YIMBY reported on the Landmarks Preservation Commission’s approval of the planned alterations back in January and April. A rendering of the new store reveals that the Whole Foods will be located in the annex portion of 1 Wall Street. The annex portion is also being expanded at the top. Macklowe Properties is the developer. Robert A.M. Stern Architects and SLCE Architects are behind the architecture. The retailer is expected to open its doors in late 2018.

Foundation Work Underway at 57-Story, 80-Unit Residential Tower, 161 Maiden Lane, Financial District

6:00 am on July 29, 2016 By Reid Wilson

Foundation work is underway on the 57-story, 80-unit residential tower under construction at 161 Maiden Lane, located on the corner of South Street, in the Financial District. The construction photos were taken by the project’s general contractor, Pizzarotti-IBC. Dubbed 1 Seaport, it will measure 192,473 square feet and stand 670 feet over the East River, according to the latest building permits. The residential units will be condominiums, ranging from one- to four-bedrooms, and should average 1,726 square feet apiece. Two duplex penthouses will crown the tower. Amenities include private residential storage, storage for 37 bikes, a lounge on the fourth floor, a fitness center, a children’s playroom, and a lounge, pool, and sauna on the 27th floor. YIMBY has been revealing renderings of the evolving project since 2012, with the latest batch released in the spring. Goldstein, Hill & West Architects is the architect, while Groves & Co. is the interior designer. Fortis Property Group is the developer, and construction is expected to be complete in early 2018.

Rendering of east side elevator for Broad Street J/Z subway station

45 Broad Street Supertall Coming with New Subway Elevators, Financial District

8:00 am on July 28, 2016 By Evan Bindelglass

The supertall mixed-use tower planned at 45 Broad Street will shimmer at its apex, over 1,100 feet above the streets of Lower Manhattan. But at ground level, the Financial District project will bring new services to those who won’t even enter the building. On Tuesday, the Landmarks Preservation Commission voted to approve new subway elevators planned on Broad Street.

New Look at Four-Story, 9,000-Square-Foot ABC No Rio Arts Facility, 156 Rivington Street, Lower East Side

6:00 am on July 28, 2016 By Reid Wilson

A schematic drawing of the long-planned, four-story, 9,000-square-foot commercial building at 156 Rivington Street, on the Lower East Side, has surfaced in a Bowery Boogie report. The structure, which will be built to Passive House standards, will contain a mix of community, performance, and office spaces across the cellar through the fourth floors. There will also be outdoor terraces on the second floor and rooftop level. Renderings of the building’s exterior were previously revealed in 2014. Paul A. Castrucci Architect is behind the design. ABC No Rio will operate the new property, although the art organization must first demolish their existing four-story building on the site. Demolition permits were recently filed and new building applications were approved in 2011. The project has been financed through private donations and city grants. A construction timeline hasn’t been released.

Landmarks Requests Refinement of Apartment Building Planned at 11-19 Jane Street, West Village

8:00 am on July 27, 2016 By Evan Bindelglass

The Landmarks Preservation Commission has weighed in on a new apartment building planned for 11-19 Jane Street, in the Greenwich Village Historic District. It appears the commissioners could support demolition of the site’s existing garage building, but not the proposal for its replacement.

Developer Proposes 60-Story, 741-Unit Mixed-Income Residential Tower at 271-283 South Street, Lower East Side

6:30 am on July 27, 2016 By Reid Wilson

On the heels of news of a 66-story, 718-foot-tall building planned at 260 South Street, there is more high-rise news from the Lower East Side. It has been revealed that, in the spring, the Starrett Corporation filed pre-applications with the Department of City Planning for a 60-story, 741-unit residential tower at 271-283 South Street, located on the corner of Clinton Street. The preliminary plans, which the developer states are in the exploratory stage, indicate the building would measure 620,000 square feet, the Lo-Down reported. Since the project is also expected to benefit from the city’s Mandatory Inclusionary Housing (MIH) program, at least 20 percent of the units will be designated as affordable housing. Air rights first have to be transferred to the site from around the block. The 20,177-square-foot property is currently vacant. The East Broadway stop on the F train is located four blocks away.

66-Story, 1,400-Unit Mixed-Income Residential Tower Planned at 260 South Street, Lower East Side

6:00 am on July 27, 2016 By Reid Wilson

Two Bridges Associates (a partnership between L+M Development Partners and the CIM Group) filed pre-applications earlier this year with the Department of City Planning for a 66-story, 1,400-unit residential tower at 260 South Street, on the Lower East Side. The building, which is in the early stages of development, will encompass 1.1-million square feet and stand 718 feet in height, the Lo-Down reported. Twenty-five percent of the project’s residential units, or 350 apartments, will be designated as affordable housing. The structure would be built on an existing parking lot along South Street. An underground parking garage would be built to retain the spaces. In addition to a new tower, the project includes expanding the retail footprint on the ground floors of 265 Cherry Street and 275 Cherry Street, two existing 26-story residential towers (called Lands End II) with 491 apartments located on the northern end of the property. Rutgers Park, located on the western end, is also expected to see a renovation. It’s unclear whether the project requires approval via the city’s Uniform Land Use Review Procedure (ULURP).

L Train at Eighth Avenue in Manhattan. Credit: Stephen Rees/Flickr

No L Train Service Under East River for 18 Months for Hurricane Sandy Repairs

8:00 am on July 26, 2016 By Evan Bindelglass

Mild suffering for a long time or significant hardship for a shorter time. Those were the choices faced by the Metropolitan Transportation Authority when it came to post-Hurricane Sandy repairs on the L train tunnel under the East River. The MTA has opted for the latter option.

39-Story, 320-Key Marriott Hotel Rises Above Street Level at 215 Pearl Street, Financial District

6:30 am on July 26, 2016 By Reid Wilson

Construction is now three stories above street level at 215 Pearl Street, located on the corner of Platt Street in the heart of the Financial District, where a 39-story, 320-key hotel is planned. The construction progress can be seen thanks to photos posted to the YIMBY Forums by user rbrome. The hotel — which YIMBY first reported on in September of 2012 — will be a Courtyard & Residence Inn by Marriott. The latest building permits indicate it will encompass 165,655 square feet and stand 396 feet in height. The hotel rooms will be located on the fifth through 37th floors, while retail space will occupy some of the ground floor. Guest amenities include bike storage, a restaurant, meeting rooms, a fitness center, and a roof garden on the 38th floor. Lam Group is the developer and Nobutaka Ashihara Architect is the architect of record. Completion is expected in the summer of 2017.

Public Plaza, Pedestrian Bridge Outside 50 West Street Revealed, Financial District

4:00 pm on July 25, 2016 By Reid Wilson

Now that exterior work has completed on 50 West Street – the 64-story, 191-unit mixed-use tower dubbed simply “50 West” under development in the Financial District – crews are now focused on building a 6,800-square-foot public plaza around the base of the building and a pedestrian bridge over West Street (a.k.a. the West Side Highway). Renderings of the spaces have been revealed by the Wall Street Journal. The 24-hour plaza will feature an art gallery, a café, vegetation, and seating. The pedestrian bridge, dubbed the West Thames Street Bridge, will feed directly into the plaza. It will boast steel structural supports and a glass roof and walls. The New York City Economic Development Corporation (NYCEDC) is building the new pedestrian bridge, which will replace the Rector Street bridge located a block northward. Demolition of the Rector Street bridge and construction of the new one is expected to last two years.

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