Downtown

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.

Reveal for 24-Story, 122-Key Hotel Indigo at 120 Water Street, Financial District

6:00 am on July 25, 2016 By Reid Wilson

A rendering has been revealed of the 24-story, 122-key Hotel Indigo planned at 120 Water Street, in the Financial District, by the Commercial Observer. The new building will encompass 51,600 square feet and guest amenities will include a fitness center, a restaurant & bar on the ground floor, a rooftop bar & lounge on the top floor, and bike storage space in the cellar. The hotel rooms should average 360 square feet apiece. Long Island-based Atlas Hospitality is the developer and Gene Kaufman’s SoHo-based architectural firm is the architect of record. Since YIMBY’s report on the planned hotel in December of 2014, the project has shrunk from 31 stories and 150 rooms to 24 stories and 122 rooms. The project also has a different developer and architect. The 36-foot-wide, 2,877-square-foot assemblage is currently occupied by four- and five-story mixed-use buildings. Demolition permits were filed in November of 2015. Completion of the new hotel is scheduled for the spring of 2018.

Request for Proposals Launched to Transform Allen Street Pedestrian Mall Into Food Facility, Lower East Side

6:30 am on July 22, 2016 By Reid Wilson

The Parks Department and the Lower Manhattan Development Corporation have launched a request for proposals (RFP) to redevelop the long-vacant, single-story Allen Street pedestrian mall, the former public bathroom located at the intersection with Delancey Street on the Lower East Side. As disclosed earlier this year, the city hopes a developer or business can convert the little building into a “food service facility,” DNAinfo reported. Community facilities are apparently not being considered at this time. Repairs to the structure will have to include significant work to the roof, walls, and floors, in addition to the replacement of door and windows, and the installation of necessary infrastructure. The restaurant and/or food vendor may also include outside seating. Proposals are due September 15, and the city expects to select a team in early 2017.

Rendering of the roof deck at 196 Orchard Street. Credit: Williams New York

New Renderings for 196 Orchard on the Lower East Side

6:30 am on July 19, 2016 By Evan Bindelglass

The Lower East Side is in the midst of a new era of transformation. The Streit’s Matzo Factory has moved, construction of Essex Crossing is humming along, a neighborhood-wide beautification project should reach its goal this summer, and the Lowline is moving forward. The Houston Street corner opposite an iconic deli is also getting a new neighbor, and now there’s a new look at that project.

13-Story, 48-Key Mixed-Use Hotel Project Filed at 79 Eldridge Street, Lower East Side

6:30 am on July 18, 2016 By Reid Wilson

North Bergen, N.J.-based Nehalkumar Gandhi has filed applications for a 13-story, 48-key hotel at 79 Eldridge Street, on the Lower East Side. The structure will measure 19,279 square feet. The ground floor will host the hotel lobby and a reception area, and hotel rooms will be located through the 12th floor. Individual hotel rooms should average 310 square feet apiece. On the 13th floor, there will be 1,243 square feet of space for a community facility. Amenities include a fitness center and bike storage. Michael Kang’s Flushing-based architectural firm is the architect of record. The filings come after a different developer submitted plans in March for a slightly smaller hotel. That one would have contained 10 stories and 38 hotel rooms. The 25-foot-wide, 2,500-square-foot property is currently vacant.

Construction Complete on 11-Story, 106-Unit Luxury Rental Building at 456 Washington Street, TriBeCa

11:00 am on July 15, 2016 By Reid Wilson

Since last fall, when façade work was wrapping up, construction on the 11-story, 106-unit residential building at 456 Washington Street, located on the corner of Watts Street in TriBeCa, has finished. The new building encompasses 186,054 square feet and is home to 106 luxury rental apartments, 22 of which will rent at below-market rates through the housing lottery. The apartments, averaging 1,330 square feet apiece, range from studios to five-bedrooms.

Lower East Side’s Lowline Underground Park Moves Forward with First City Approval

6:30 am on July 15, 2016 By Reid Wilson

The New York City Economic Development Corporation (NYCEDC) and Mayor Bill de Blasio’s Executive Office of Housing and Economic Development (EOHED) have selected the team behind the Lowline proposal to lease the vacant, 60,000-square-foot Williamsburg Bridge Trolley Terminal, located under Delancey Street between Clinton and Norfolk streets on the Lower East Side. This marks the first city approval for the project, bringing it significantly closer to reality. The public park would take up roughly 43,500 square feet of the abandoned terminal.

23-Story, 120-Unit Mixed-Use Building Rises to 10th Floor at 56 Fulton Street, Financial District

4:00 pm on July 14, 2016 By Reid Wilson

Since rising above street level in March of 2016, the 23-story, 120-unit mixed-use project under development at 56 Fulton Street, on the corner of Cliff Street in the Financial District, has grown to 10 stories. The construction progress can be seen thanks to a photo taken by Tectonic. The 128,540-square-foot tower will eventually host 5,865 square feet of ground-floor retail space and 120 rental apartments, ranging from 450-square-foot studios to 1,250-square-foot two-bedrooms. Twenty percent of them, or 24 units, will rent at below-market rates through the housing lottery. Amenities include storage for 61 bikes, a fitness center, laundry facilities, a lounge, a dining room for events, a game room, and an outdoor terrace on the 23rd floor. The Parkland Group and Socius Development Group are the developers. Goldstein, Hill & West Architects is the design architect, with Andrés Escobar designing the interiors. Completion can probably be expected in early 2017.

Essex Crossing’s 15-Story, 211-Unit Mixed-Use Building Rises at 145 Clinton Street, Lower East Side

4:00 pm on July 13, 2016 By Reid Wilson

The 15-story, 211-unit mixed-use building under development at 145 Clinton Street, located on the corner of Grand Street on the Lower East Side, is now three stories above street level, as seen in photos shot by Tectonic. The latest building permits indicate the project – which is one piece of the mixed-use mega-development known as Essex Crossing – will encompass 283,178 square feet. There will be 73,000 square feet of commercial-retail space across the cellar through second floors. Planet Fitness has already pre-leased 22,000 square feet on the second floor, and a food market is expected to take 30,000 square feet on the ground floor.

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