74 Trinity Place will be a substantial addition to the Financial District’s tapestry of buildings, and now, work for the project is starting to progress above ground level. Once complete, the 26-story tower will bring 310,000 square feet of new office space to the neighborhood, which is somewhat of a surprise, since it was originally expected to house condominiums.
With 175 Greenwich Street nearing its opening day and 200 Greenwich Street hopefully expected to begin construction within the next few years, most of the World Trade Center’s rebuilding is nearing completion. But one major hole in Downtown’s fabric still remains, at the site of the former Deutsche Bank Building. Plans for a pot-bellied skyscraper had been proposed around the time of the tower’s demolition, but in the years since, the plot had seemingly been forgotten, and is currently covered in asphalt. Today, YIMBY has a major update on the site, thanks to zombified plans from Chinese developer Dalian Wanda Group, which would yield a new residential and hotel supertall designed by Kohn Pedersen Fox.
Construction is moving along quickly for two new towers on City Hall Park. The park is one of just three major public outdoor areas in the Financial District, making any development around it particularly important. The buildings photographed for this article are 25 Park Row and 1 Beekman Street, which will add a combined 142 new condominiums and nearly 67,000 square feet of commercial space to the neighborhood.
The recently completed office-to-residential conversion of 180 Water Street has officially leased 95% of its residential units. Located in the Financial District, the Metro Loft-developed property only has 25 vacant apartments remaining.
Work at 101 Wall Street, in the Financial District of Manhattan, is just about complete. The property, formerly known as 99 Wall Street, was purchased by the Claremont Group in 2015, and has been undergoing a conversion from office to residential use.