Downtown

Liberty Park

Construction Wrapping Up On World Trade Center’s Liberty Park, Financial District

11:00 am on May 19, 2016 By Reid Wilson

In September of 2015, construction was underway on the St. Nicholas Greek Orthodox Church planned on the eastern end of the also-under-construction, one-acre Liberty Park, located on the southern end of the World Trade Center complex, in the Financial District. Now, construction on the rest of Liberty Park, which is elevated 25 feet above street level, is nearly complete, DNAinfo reports. The new park will feature landscaped greenery, plantings, seating and benches, and a 300-foot-long “Living Wall” along its northern base wall. Opening is expected some time this summer. As for the church, being designed by Santiago Calatrava (who also designed the World Trade Center Transportation Hub), construction is expected to last into 2017. The Port Authority of New York & New Jersey is behind the project.

85 Jane Street

Plans Revealed for Five-Story, 12,000-Square-Foot Mansion at 85-89 Jane Street, West Village

10:00 am on May 16, 2016 By Reid Wilson

After billionaire Jon Stryker, of Stryker Corporation, purchased the two former industrial properties at 85-89 Jane Street, in the West Village, for $32 million in 2012, he is now moving forward with plans to redevelop the two- and one-story buildings into a 12,000-square-foot, single-family mansion. As currently proposed, the project would consist of a three-story base topped by a skinnier, two-story glass enclosure that would rise 90 feet in height. Much of the third level would feature an outdoor garden. As the site is located within the Greenwich Village Historic District, the Landmarks Preservation Commission (LPC) would have to approve of the design. Before the project goes before the LPC, it will be presented before Community Board 2, Curbed NY reports. TriBeCa-based Steven Harris Architects is behind the design.

45 Broad Street

New Look at 86-Story, 245-Unit Mixed-Use Supertall Tower, 45 Broad Street, Financial District

6:30 am on May 16, 2016 By Reid Wilson

Back in February, the first renderings were revealed of the planned 86-story, 245-unit mixed-use tower at 45 Broad Street, in the Financial District. The renderings originated from EB-5 materials, as the development team – Madison Equities, Pizzarotti-IBC, and AMS Acquisitions – is hoping to raise $75 million in financing through the program. Now, another rendering of the CetraRuddy-designed project has surfaced via YIMBY Forums, which depicts the tower when viewed from the north (looking southward down Broad Street). New buildings applications haven’t been filed yet, but the 1,100-foot-tall tower will encompass approximately 298,000 square feet. The first five floors should host 50,000 square feet of commercial space, while the apartments above should come in studio to three-bedroom layouts. There will also be 20,000 square feet of amenities. Groundbreaking is expected later this year, and completion is ambitiously scheduled for 2018.

235 Bowery

New Museum Moving Forward with 42,000-Square-Foot Expansion at 231 Bowery, Lower East SIde

10:00 am on May 12, 2016 By Reid Wilson

The seven-story, 58,700-square-foot New Museum – a contemporary art museum at 235 Bowery, on the Lower East Side – is planning to expand into the six-story commercial building at 231 Bowery, which they purchased for $16.6 million in 2008. The museum is now preparing to convert the property into exhibition space, event space, storage, and offices, the New York Times reports. The expansion would increase the museum’s footprint by roughly 42,000 square feet, which means the complex would measure over 100,000 square feet once completed. The lot walls separating the existing structure and the 231 Bowery would be removed to connect the buildings. The project is still in the planning stage. The New Museum was constructed in 2007 and designed by Tokyo-based SANAA (Sejima and Nishizawa and Associates), with Gensler serving as the architect of record.

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