After years of planning and months of Landmarks approvals, a 500-foot-tall tower is one step closer to reality at 42 Trinity Place. New building applications were filed over the weekend to erect the 40-story building, which will be formally known as 77 Greenwich Street.
A copper-colored, terra cotta and glass facade has emerged at 529 Broadway, on the corner of Spring Street in Soho. Tectonic has the latest look at the construction.
The 15th anniversary of the 9/11 terrorist attacks is less than two weeks away, and there is new and noticeable progress that has been made on the construction of the World Trade Center.
JTRE Holdings is in contract to acquire the four-story J.P. Morgan & Co. Building at 23 Wall Street, located at the corner of Broad Street in the Financial District, for an undisclosed sum of less than $150 million, the New York Post reported. The structure, an individual landmark, has long been used as an office building, once housing the private offices of J.P Morgan himself. The 160,000-square-foot building currently sits vacant. Plans have not been disclosed for the property, although the developer specializes in retail. The Landmarks Preservation Commission must approve any exterior alterations. A 2015 proposal for a multi-function entertainment venue never came to fruition.
Foundation work is well underway, now that concrete has been poured, for the planned 49-story, 483-unit mixed-use tower under development at 118 Fulton Street, in the Financial District. The construction progress can be seen thanks to a photo posted to the YIMBY Forums. The new building will eventually encompass 510,928 square feet and stand 574 feet above street level, as YIMBY reported back in July, when an updated rendering was revealed. There will be 5,366 square feet of commercial-retail space across the ground and second floors. The residential units, rental apartments, should average 975 square feet apiece, and will be accompanied by a slew of amenities. Carmel Partners is the developer and SLCE Architects is the architect of record. Completion can probably be expected in 2018.
