Downtown

World Trade Center Performing Arts Center Gets $75 Million Donation, Renaming

6:00 am on July 1, 2016 By Reid Wilson

Billionaire Ronald Perelman has pledged to donate $75 million to resurrect plans for the World Trade Center‘s Performing Arts Center, to be located at 70 Vesey Street in the Financial District. That’s the patch of land bound by Vesey, Greenwich, and Fulton streets, once home of the WTC’s temporary PATH station. The three-to four-story, 80,000-square-foot complex, now dubbed the Ronald O. Perelman Performing Arts Center at the World Trade Center, will eventually boast three theaters. They will each seat 499, 299, and 100 people, but will have the ability to be reconfigured into a single 1,200-seat theater, according to the New York Times. Brooklyn-based REX Associates is responsible for the design. Perelman’s donation will be combined with $100 million already awarded by the Lower Manhattan Development Corporation (LMDC). The project is reportedly expected to cost $240 million in total, although the the LMDC said last year it will cost no more than $200 million. Groundbreaking is set for 2018.

First Glimpse of SHoP’s 80 South Street, Set to Soar Over 1,400 Feet

8:00 am on June 30, 2016 By Nikolai Fedak

Yesterday was ‘Archmodel Wednesday’ on Instagram, which meant that YIMBY Forumers were actively posting images of several new developments. And in the background of an image containing SHoP’s 111 West 57th Street, our team of cyber-sleuths spotted another project that has not yet been revealed. 80 South Street’s massing diagram had alluded to the tower’s supertall potential, but now we have a look at an actual model of the building, though the fine-grained details remain fuzzy, which confirms that the tower will rise over 1,400 feet tall. That would make it the tallest building by roof height in Lower Manhattan, standing approximately 50 feet above the rooftop of One World Trade Center.

77-Story, 600-Unit Mixed-Use Tower to Rise 984 Feet at 235 Cherry Street, Lower East Side

6:30 am on June 30, 2016 By Reid Wilson

It looks like another supertall will rise in Lower Manhattan. Plans for a 77-story, 600-unit mixed-use tower at 235-247 Cherry Street, on the southern end of the Lower East Side, have surfaced in City Planning documents obtained by Bowery Boogie. The schematic diagram indicates the tower’s roof level will clock in at 983 feet and 8 inches, which would be categorized as a supertall by the Council on Tall Buildings and Urban Habitat (CTBUH). A parapet enclosing the building’s bulkhead and mechanical equipment would boost the final height even further, possibly past the 1,000-foot mark. JDS Development Group is seeking minor zoning changes to build the tower. Details and renderings of the cantilevering project were first revealed in the spring. At the time, it was learned that the tower would include 150 affordable units, 10,000 square feet of retail, and a 4,600-square-foot senior center. The adjacent 10-story Two Bridges Senior Apartments would also see a renovation. SHoP Architects is behind the design, and Two Bridges Neighborhood Council and Settlement Housing Fund are the property owners. A single-story commercial building will have to be demolished. Construction is not expected to begin until at least 2018.

Landmarks Designates Seven More Backlog Sites

8:00 am on June 29, 2016 By Evan Bindelglass

On Tuesday, the Landmarks Preservation Commission took another step towards clearing its formerly 95-item backlog of sites calendared pre-2010. The commission designated seven properties in two boroughs – Staten Island and Manhattan. There was also a non-backlog designation.

World Trade Center’s Liberty Park Opens Today in the Financial District

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

The World Trade Center’s Liberty Park is now receiving its finishing touches for its grand opening today. The Financial District’s new, one-acre public park is 25 feet above street level and measures 336 feet along Liberty Street between West and Greenwich streets. It will feature 19 planters, a half-dozen species of plants, seating made out of recycled teak, and a 300-foot-long “Living Wall” of greenery along its northern base. Pictures of it ahead of its opening can be seen in a New York Times report. It will be open to all from 6 a.m. to 11 p.m. each day. Aecom’s Joseph E. Brown is the landscape architect, and the Port Authority of New York & New Jersey is behind the project. The Santiago Calatrava-designed St. Nicholas Greek Orthodox Church can also be seen taking shape on the site’s eastern end. That portion of the project is expected to be complete in 2017. YIMBY last brought you an update on Liberty Park when construction was in its final phases in May.

Five-Story, 225-Unit Student Dorm Conversion Moves Forward at 350 East 10th Street, East Village

10:00 am on June 27, 2016 By Reid Wilson

Singer Financial Corporation is finally moving forward with redeveloping the long-vacant former P.S. 64 facility at 350 East 10th Street, in the East Village, into a 225-unit student dormitory. The developer recently secured a $44 million loan for the project, dubbed University House, Commercial Observer reported. The 152,000-square-foot building, an individual landmark, will be able to accommodate 535 students for the Cooper Union and the Joffrey Ballet School. Amenities include a fitness center, outdoor terraces, storage for 113 bikes, laundry facilities, a student health center, a private study, a lounge, and a café. TriBeCa-based Curtis + Ginsberg Architects is the architect of record. Redevelopment of the property, acquired in 1999 for $3.15 million, has been in legal limbo for the past few years. Exterior alterations to the building were approved by the Landmarks Preservation Commission in June of 2013.

Rendering of 125 Greenwich Street. Via Bizzi & Partners Development

New Renderings Confirm 125 Greenwich Street’s Supertall Status

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

Less than two weeks ago, the foundation was completed for a new mixed-use tower in the Financial District. Now, new renderings are out for the building going up at 125 Greenwich Street, thanks to the eagle-eyed contributors on the YIMBY Forums, and they would appear to confirm a final height exceeding 1,000 feet, given the tower will stand taller than the nearby 977-foot-tall 4 World Trade Center at 150 Greenwich Street.

New Video Shows 252 South Street’s Impact on the Manhattan Skyline

8:00 am on June 24, 2016 By Nikolai Fedak

There are only a few locations outside of Midtown and the Financial District that support supertall (or near supertall) development. The newest such location is the far Lower East Side, where Extell’s 252 South Street, also known as One Manhattan Square, is now rising. While several renderings of the project have been revealed, YIMBY now has a full video of the soon-to-be skyscraper and its impact on the Manhattan skyline, posted on the YIMBY Forums and also on Curbed.

City Council Approves Rezoning Proposal Allowing Pedestrian Arcade-to-Retail Conversions Along Water Street, Financial District

1:00 pm on June 23, 2016 By Reid Wilson

Earlier this week, the City Council voted to approve a rezoning proposal that would allow landlords of the commercial properties with public pedestrian arcades along Water Street, between Fulton and Whitehall streets in the Financial District, to convert the arcades into retail space in exchange for renovating adjacent public plazas. The total amount of space that could be converted spans 110,000 square feet across 20 buildings, DNAinfo reported. The rezoning requires retail conversions of greater than 7,500 square feet to be approved through the city’s Uniform Land Use Review Procedure (ULURP). It also limits the amount of street frontage chain banks and drugstores can take up, and requires the entire height of the arcade to be built out. Future renovations to the existing public plazas in the area could include new seating and planters, among other upgrades.

LPC Approves Five-Story, Single-Family Mega-Mansion at 11 Hubert Street, TriBeCa

10:00 am on June 23, 2016 By Reid Wilson

A five-story, single-family mega-mansion project at 11 Hubert Street, in TriBeCa, technically an expansion and redevelopment of an existing three-story mixed-use structure, has received approval from the Landmarks Preservation Commission, Curbed NY reported. The project’s design, which has seen minor changes since a previous proposal from January, is the work of Maya Lin Studio and Bialosky + Partners Architects. The latest filings with the Buildings Department detail a 55,080-square-foot mansion fit with five bedrooms, a private pool in the cellar, a landscaped courtyard, and a 5,000-square-foot fitness center. The family behind the project has not yet been disclosed, nor has a construction timeline. The site sits within the TriBeCa West Historic District, which is why approval from the LPC was required.

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