Financial District


1 Park Row’s Façade Nears Completion in Financial District, Manhattan

Façade installation is closing in on completion on 1 Park Row, a 23-story mixed-use residential building in Lower Manhattan’s Financial District. Designed by Fogarty Finger Architects and developed by Circle F Capital, the 305-foot-tall structure will span 103,000 square feet and yield 62 condominium units in studio- to three-bedroom layouts. The building will also contain 19,000 square feet of office and retail space on the lower levels. The property is located at the intersection of Park Row and Ann Street, directly across from the southern tip of City Hall Park.

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Affordable Housing Lottery Launches for 143 Units at 55 Broad Street in the Financial District

The affordable housing lottery has launched for 55 Broad Street, a 36-story office-to-residential conversion in Manhattan’s Financial District. Designed by CetraRuddy and developed by Silverstein Properties and Metro Loft, the structure yields 571 residences. Available on NYC Housing Connect are 143 units for residents at 40 to 100 percent of the area median income (AMI), ranging in eligible income from $37,578 to $200,900.

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222 Broadway. Photo by Michael Young.

222 Broadway Begins 798-Unit Office-to-Residential Conversion In Manhattan’s Financial District

Work is underway on the office-to-residential conversion of 222 Broadway, a 31-story building in Lower Manhattan’s Financial District. Designed by CetraRuddy and developed by TPG Real Estate and GFP Real Estate, the project will transform the structure’s 770,416 square feet into 798 rental apartments and 40,000 square feet of commercial space. The $43.6 million overhaul will also involve the partial re-cladding of the midcentury façade and the construction of a 40-foot extension atop the parapet, bringing the total height to 430 feet, according to permits. The property is bounded by Ann Street to the north, Fulton Street to the south, and Broadway to the west.

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New Design Revealed for 2 World Trade Center in Financial District, Manhattan

A new redesign has been revealed for 2 World Trade Center, the final supertall component of the 16-acre World Trade Center complex in Manhattan’s Financial District. Designed by Norman Foster of Foster + Partners and developed by Silverstein Properties, the skyscraper is now slated to stand 62 stories and 1,230 feet tall, down from the 80-story, 1,348-foot-tall scope of the previous iteration. The building will yield 2.2 million square feet of office space and rise from a full-block property bounded by Vesey Street to the north, Fulton Street to the south, Church Street to the east, and Greenwich Street to the west.

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