Downtown

456 Greenwich Street’s Brick Façade Installation Wraps Up in Tribeca, Manhattan

7:30 am on February 7, 2022 By Michael Young

Façade work is wrapping up on 456 Greenwich Street, an eight-story hotel building in Tribeca. Designed by Stephen B. Jacobs Group with Martin Brudnizki Design Studio as the interior designer, and developed by Caspi Development, the 94,000-square-foot structure will yield 96 Art Deco-inspired guest rooms operated by Groupe Lucien Barrière of the Hôtel Barrière Le Fouquet’s Paris. AECOM Tishman is the general contractor for the Lower Manhattan development, which is bound by Greenwich Street to the east, Desbrosses Street to the south, and Washington Street to the west.

GFI Completes $195M Refinancing of The Beekman Hotel at 123 Nassau Street in Financial District, Manhattan

7:00 am on February 6, 2022 By Sebastian Morris

An affiliate of GFI Capital Resources has secured $195 million in refinancing for The Beekman, a historic landmarked hotel in Manhattan’s Financial District. The deal included a $130 million senior loan with Bank OZK arranged by Newmark and a $65 million subordinate financing raised from bond investors on the Tel Aviv Stock Exchange.

67 Vestry Street’s Expansion Continues Progress in Tribeca, Manhattan

8:00 am on February 4, 2022 By Michael Young

Steelwork is progressing on 67 Vestry Street, a 13-story residential building in Tribeca. Designed by BP Architects and developed by Iliad Realty Group, the project involves a four-story addition atop a historic 88,712-square-foot Romanesque structure, bringing the total height from 115 to 153 feet tall. King Contracting Group is leading the masonry and brick installation, Urban Atelier Group is the general contractor, and Gachot Studios is designing the interiors of the 13 condominium units within the property, which is located at the corner of Vestry Street and West Street, directly across from Hudson River Park. Corcoran Sunshine Marketing Group was last reported to be the exclusive marketing and sales agent for the residences.

Construction Wraps Up on 100 Vandam Street in Hudson Square, Manhattan

8:00 am on February 3, 2022 By Michael Young

Work is finishing up on 100 Vandam Street, a 25-story residential building in Hudson Square, Manhattan. Designed by COOKFOX and developed by Jeff Greene, the project involved the repurposing of a 134-year-old former power plant into the podium for a 300-foot-tall structure, and will yield 72 residential units and ground-floor retail space. Jili Properties is the property manager and Douglas Elliman Development Marketing is handling sales and marketing of the one- to four-bedroom homes within the tower, which is located at the corner of Greenwich and Vandam Streets.

New Renderings Reveal Updated Design For Norman Foster’s Two World Trade Center, In Financial District

8:00 am on February 1, 2022 By Michael Young

New renderings have been spotted for Two World Trade Center, the final component of the 16-acre World Trade Center complex at 200 Greenwich Street in the Financial District. Designed by Norman Foster of Foster + Partners and developed by Silverstein Properties, the commercial supertall will rise from a foundation built in the early 2010s before work stalled on the initial iteration of the tower. The full-block parcel is bound by Greenwich Street to the west, Vesey Street to the north, Church Street to the east, and Fulton Street to the south. The site is currently being used as a secondary entrance to the PATH trains and subway lines and the Westfield World Trade Center mall within Santiago Calatrava Architects‘ Oculus, and an outdoor beer garden along Church Street surrounded by colorful commissioned murals on the corrugated metal and exposed ventilation ducts.

Final rendering of 101 West 14th Street - Binyan Studios; ODA New York

Work Wraps Up on ODA’s Cubic 101 West 14th Street in Chelsea, Manhattan

8:00 am on January 29, 2022 By Michael Young

Construction is getting closer to completion on 101 West 14th Street, a 13-story residential building in Chelsea, Manhattan. Alternately addressed as 531 Sixth Avenue, the reinforced concrete structure is designed by ODA Architecture and developed by Gemini Rosemont and will yield 44 condominium units as well as 5,830 square feet of ground-floor retail space for two tenants. Residential sales launched last year and are being led by Ryan Serhant of Nestseekers International’s Serhant Team, with prices starting at $1.35 million for one-bedroom units. Whitehall Interiors is in charge in interior designs and New Line Structures is the general contractor for the property, which is located at the northwest corner of West 14th Street and Sixth Avenue, just above the border with Greenwich Village.

76 Eighth Avenue’s Black Steel Façade Completes Installation in Greenwich Village, Manhattan

8:00 am on January 27, 2022 By Michael Young

Exterior work is nearing completion on 76 Eighth Avenue, a ten-story commercial structure in Greenwich Village. Designed by Gene Kaufman Architect and developed by Sang Lee, Noviprop, and Plus Development, the 120-foot-tall structure will yield 30,000 square feet of office space and ground-floor retail. RAAD Studios designed the lobby space and Plus Design Studios designed the office interiors for the property, which is located at the corner of Eighth Avenue and West 14th Street, on the border of the Meatpacking District, Chelsea, and West Village neighborhoods.

Rendering of 555 Greenwich Street - COOKFOX Architects

555 Greenwich Street Rises Past Halfway Mark in Hudson Square, Manhattan

8:00 am on January 26, 2022 By Michael Young

Construction has passed the halfway mark on 555 Greenwich Street, a 16-story commercial building in Hudson Square, Manhattan. Designed by COOKFOX Architects and developed by the joint venture Hudson Square Properties, which includes Trinity Church Wall Street, Hines, and Norges Bank Investment Management, the 270,000-square-foot structure will connect on nearly every floor with its adjacent neighbor at 345 Hudson Street via a horizontal overbuild, bringing the overall leasable space to 715,000 square feet. The project is also being designed as one of the city’s most sustainable buildings. Tishman Construction is the contractor for the building, which is rising on a plot bound by Greenwich Street to the west, Charlton Street to the south, and King Street to the north.

Façade Installation Begins for Disney‘s New York Headquarters at Four Hudson Square in Hudson Square, Manhattan

8:00 am on January 25, 2022 By Michael Young

Façade installation has begun on Four Hudson Square, Disney’s rising 22-story New York headquarters at 137 Varick Street in Hudson Square. Designed by Skidmore, Owings & Merrill and developed by Silverstein Properties, the 338-foot-tall structure will yield 1.2 million square feet of commercial space. The media giant purchased the rectangular full-block parcel from Trinity Church Real Estate for a total of $650 million, and Skanska was in charge of demolishing four old structures that once occupied the site. Lendlease is constructing the new headquarters, which is bound by Varick Street to the east, Spring Street to the south, Hudson Street to the west, and Vandam Street to the north.

Waterfront view of Tribeca Pointe at 41 River Terrace - Courtesy of Rockrose

Rockrose, BPCA Extend Affordability for Tribeca Pointe at 41 River Terrace in Battery Park City, Manhattan

7:30 am on January 15, 2022 By Sebastian Morris

Rockrose and the Battery Park City Authority (BPCA) have reached a new agreement to retain existing affordable units at Tribeca Pointe at 40 to 50 percent area median income through 2069. Prior to this agreement, the term of the 70 affordable units was set to expire by 2029.

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