Local preservationists recently celebrated the Landmark Preservation Commission’s decision to take no action on proposals to redesign 60 Wall Street‘s iconic lobby and atrium in the Financial District of Manhattan. Led by Paramount Group, the building’s current owner, the proposed renovation includes replacement of the atrium’s geometric columns, perforated ceilings, palm trees, and terrazzo flooring with a more modern design by international architect Kohn Pederson Fox.
Culturespaces and IMG have transformed the base of the historic Emigrant Industrial Savings Bank into Hall des Lumières, a multi-level immersive art exhibition and cultural venue at 49 Chambers Street in the Civic Center section of Lower Manhattan. Now open to the public, the 33,000-square-foot space represents a multinational collaboration among 3D projection artists, local design studios, historic preservation teams, and sound designers.
Construction has topped out and façade work is underway on 15 Beckman Street, Pace University’s 27-story campus expansion in the Financial District. Designed by Manish Chadha of Ismael Leyva Architects and developed by SL Green Realty, the 338-foot-tall tower will yield 213,084 square feet with classrooms, dorm rooms, a dining facility, library, and a learning center. New Line Structures & Development is the general contractor for the property, which is alternately addressed as 126-132 Nassau Street and is located at the corner of Beekman and Nassau Streets.
On the 21st anniversary of the 9/11 attacks, the final component of the rebuilt 16-acre World Trade Center site is coming to a close as work nears completion on the Ronald O. Perelman Performing Arts Center, a new performance hall in the Financial District. Designed by REX with Davis Brody Bond Architects as the executive architect and developed by The Perelman, the 138-foot-tall structure stands on a plot bound by Vesey Street to the north, Fulton Street to the south, Greenwich Street to the east, and Skidmore Owings & Merrill‘s One World Trade Center to the west.
Brookfield Real Estate Financial Partners has provided a $272.5 million construction loan for a major office-to-residential conversion project at 160 Water Street in Manhattan’s Financial District. The 530,000-square-foot building will eventually debut as a 588-unit rental property.