Downtown


45 Park Place

Reveal For 43-Story, 667-Foot-Tall Condo Tower At 45 Park Place, Tribeca

In the first half of 2014, YIMBY reported on building applications for a nearly 600-foot-tall luxury residential tower at 45 Park Place, in Tribeca, and later that year, we revealed preliminary renderings of the project. Now, Bloomberg Business has the latest news on the tower, as well as an update on the design. The building will have 43 actual stories and will top out 667 feet above street level, up from the 39-story and 597-foot figures reported earlier. The latest filings call for 50 condominiums, and at least 15 will reportedly be full-floor units measuring 3,200 to 3,700 square feet. The 134,304 square-foot building will also incorporate 1,089 square feet of ground-floor retail.

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627 Greenwich Street

12-Story, 29-Unit Mixed-Use Conversion Planned At 627 Greenwich Street Factory, West Village

Last year, Brack Capital Real Estate acquired the 12-story former factory building at 627 Greenwich Street, in the West Village, for $105 million, and now the developer is converting the building into 29 condominiums. The latest plans, filed this past summer, have the building measuring 117,594 square feet, which includes 9,257 square feet of retail space on the ground floor for three commercial units. The 29 condos will average 3,735 square feet apiece, and Issac & Stern Architects are designing.

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396 Broadway

10-Story, 171-Key Hotel Conversion Underway At 396 Broadway, Tribeca

The Amirian Group and Bridgeton Holdings have begun converting the former 10-story, 50,000 square-foot office building at 396 Broadway, in Tribeca, into a 171-key hotel, according to Crain’s. Rooms will start at $200 per night, which is reportedly below the city’s average of $231. DXA Studio is designing the conversion, and a soft opening is expected at the end of 2016.

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356 East 8th Street

Six-Story, Six-Unit Residential Project Planned At 356 East 8th Street, East Village

M Development is planning to expand the vacant four-story townhouse at 356 East 8th Street, in the East Village, into a six-story, six-unit residential building, according to EV Grieve. The building currently measures 3,112 square feet, but will be enlarged to 7,214 square feet, with units averaging 1,202 square feet apiece. Maqsood Faruqi’s Astoria-based Mar Engineering is the applicant of record, and signage indicates completion is expected next spring.

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