Downtown

Preliminary rendering of 111 Washington Street, formerly 8 Carlisle Street

Below-Grade Work Progresses at 111 Washington Street in Manhattan’s Financial District

The ninth-tallest building on our year-end construction countdown is 111 Washington Street, a 712-foot-tall residential skyscraper in Manhattan’s Financial District. Designed by Handel Architects and developed by Carlisle New York Apartments and Grubb Properties, which closed on a $48 million loan for the project over the summer, the 64-story structure will span 326,221 square feet and yield 462 residential units, 7,000 square feet of commercial space, and a 60-foot-long rear yard. Consigli Construction is the general contractor for the property, which is alternately addressed as 8 Carlisle Street and located at the corner of Washington and Carlisle Streets.

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Permits Filed for 180 Christopher Street in West Village, Manhattan

Permits have been filed for a 16-story residential building at 180 Christopher Street in West Village, Manhattan. Located between Washington Street and West Street, the lot is near the Christopher Street-Sheridan Square subway station, serviced by the 1 train. Housing Works is listed as the owner behind the applications and current runs the Bailey House at that address, a six-story building used for congregate housing for the homeless and those dealing with HIV.

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7 Platt Street’s Foundations Reach Street Level in Manhattan’s Financial District

At number 23 on our annual countdown of the tallest projects underway in New York is 7 Platt Street, a 464-foot-tall mixed-use building in the Financial District of Lower Manhattan. Designed by Hill West Architects with interiors by Fogarty Finger and developed by The Moinian Group, the 37-story structure will span 267,760 square feet and yield 250 rental apartments with an average scope of 680 square feet, as well as 43,740 square feet of retail space on the first five stories and 34 below-grade parking spaces. Titanium Construction is the general contractor for the property, which is alternately addressed as 110 John Street and located on an interior lot bound by John Street to the north and Platt Street to the south.

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Foundations Underway for Two-Tower Complex at 570 Washington Street in Manhattan’s West Village

At number 25 on our annual construction countdown is 570 Washington Street, a two-tower residential project currently underway along the Hudson River waterfront in Manhattan’s West Village. Designed by COOKFOX Architects with SLCE Architects as the architect of record and developed by Zeckendorf Development, Atlas Capital, and The Baupost Group, the $1.25 billion complex will consist of 29- and 36-story towers rising 400 and 450 feet, respectively, and will yield an undisclosed number of condominium units and commercial space on the lower levels. ACI VI Clarkson LLC is the owner and AECOM Tishman is the general contractor for the project, which occupies a 1.3-acre block bound by Clarkson Street to the north, West Houston Street to the south, Washington Street to the east, and West Street to the west. The developers acquired the property for $340 million in early 2022 and have projected a $1 billion sellout on the homes.

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Photo of 195 Broadway by Alan Schindler

Payoneer to Relocate Headquarters to 195 Broadway in Financial District, Manhattan

Financial technology firm Payoneer has finalized a ten-year lease agreement to move its headquarters to 195 Broadway in Manhattan’s Financial District. The company will occupy a 42,000-square-foot space spanning the entire 27th floor of the historic 29-story Neoclassical building starting in spring of 2024. This relocation marks one of the more significant office relocations from Midtown to Lower Manhattan this year.

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