Restoration work on the Equitable Building, aka 120 Broadway, is complete. The historic 104-year-old Beaux Arts skyscraper underwent a two-year, $50 million renovation and recently celebrated the opening of the Bankers Club. The 20,000-square foot space is located on the 40th floor of the 1.9 million-square-foot commercial office building and features an 8,000-square-foot indoor lounge, a cafe, a food hall, and a large, newly built outdoor landscaped rooftop deck for tenants. Beyer Blinder Belle is the design team, while Silverstein Properties is responsible for financing the Financial District project.
Work on No.33 Park Row, aka “Pearl on the Park,” has been making steady progress in the Financial District. Most of the floor-to-ceiling glass panels are now in place, with dark-colored steel frames enhancing the visual appearance. The 25-story apartment building is being designed by Rogers Stirk Harbour + Partners while Centurion Real Estate Partners is collaborating with Urban Muse to develop the corner site. The 331-foot-tall tower will contain 31 units.
Work is charging toward the finish line at 25 Park Row, a 50-story residential skyscraper that has topped out over the Financial District. The curtain wall is rapidly rising and closing in on the nearly completed crown. The project is being designed by COOKFOX Architects and developed by L+M Development Partners. Sales for the 110 residences have already launched and are being handled and marketed by Corcoran Sunshine Marketing Group.
The exterior glass curtain wall of 74 Trinity Place has reached its 424-foot tall roof parapet in the Financial District. The bronze-trimmed, 26-story superstructure stands directly behind Trinity Church and is being designed by Pelli Clarke Pelli Architects and developed by Trinity Real Estate. Stephen B. Jacobs Group is the executive architect of the 310,000-square-foot building.
Excavation and pilings work are underway at 50 Trinity Place in the Financial District, where a 28-story Aloft Hotel will soon rise. The corner property will yield 77,310 square feet and 173 rooms, with seven to eight rooms per floor. There will also be a ground-floor restaurant adjacent to the main lobby, as well as a fitness center on the second floor for hotel guests. The project is designed by Peter Poon Architects and developed by FIT Investment Corporation, which purchased the Lower Manhattan property for $15 million from Sam Chang in 2012.