Downtown

101 Murray Bites the Dust and 111 Murray Street Rises Skyward in Ever-Changing West Tribeca

As befitting one of the planet’s key engines of economic and cultural motion, New York City exists in a state of constant change. This is particularly true for the city’s older, centrally located neighborhoods, such as TriBeCa. Over the past two centuries, its western portion along West Street has been repeatedly transformed beyond recognition, particularly by the 1960s urban renewal program that completely cleared dozens of formerly-vibrant blocks. But even there, a 32-year building life span is short by any measure.

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196 Orchard Street

Steel Rises for 11-Story, 94-Unit Mixed-Use Condo Building at 196 Orchard Street, Lower East Side

Back in December of 2015, updated renderings were revealed of the 11-story, 94-unit mixed-use building planned at 196 Orchard Street, on the Lower East Side. Steel beams are now being rising from the ground at the site, Bowery Boogie reported. The structure will encompass 178,376 square feet. There will be 38,452 square feet of commercial space across the cellar through third floors. Most of that space will be utilized by a three-story Equinox fitness center, which required a special permit from the Board of Standards and Appeals, and Community Board 3 will see the plans this month. Parts of the ground and cellar levels will also contain retail space. The apartments, which will be condominiums, begin on the fourth floor. Units will average 978 square feet apiece and will come in studios and one-bedrooms. The structure will be topped by a roof deck. Magnum Real Estate Group and Real Estate Equities Corporation are the developers, while Ismael Leyva Architects is designing. Incorporated Architecture & Design is responsible for the interiors. Completion is expected in late 2017.

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12 Warren Street

Construction Wrapping on 12-Story, 13-Unit Condominium Project at 12 Warren Street, TriBeCa

Back in August of 2015, YIMBY revealed renderings of the 12-story, 13-unit residential project at 12 Warren Street, in TriBeCa. Construction on the exterior of the building, which goes by 12 Warren, is wrapping up, with the façade of the structure now fully installed, Curbed NY reported. The project is technically an expansion of the site’s five-story commercial predecessor but now boasts 55,447 square feet of residential space. The residential units, which are condominiums, should average a very spacious 4,265 square feet apiece. Amenities include a fitness center, private residential storage units, a recreational room in the cellar, and an open terrace on the rooftop. DDG is both developing and designing the project, while H. Thomas O’Hara’s Midtown-based HTO Architect is serving as the architect of record. Occupancy is expected later this year.

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