Financial District

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

By Michael Young and Matt Pruznick

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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27 Cliff Street, via Google Maps

NYPD Opens New World Trade Center Command Facility At 27 Cliff Street In Financial District, Manhattan

By Max Gillespie

The New York City Police Department has opened a new World Trade Center (WTC) Command facility at 27 Cliff Street in Manhattan’s Financial District, replacing its previous headquarters at 16 Ericsson Place. Overseen by the NYPD’s Intelligence and Counterterrorism Bureau, the new facility was established to better support the unit responsible for safeguarding the 16-acre WTC campus. The project was completed in coordination with the Department of Citywide Administrative Services (DCAS) and various city real estate partners.

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French Department Store Printemps Opens At One Wall Street in Financial District, Manhattan

By Michael Young

Printemps, the 160-year-old upscale French department store, opened its first U.S. location this morning at One Wall Street in Lower Manhattan’s Financial District. Designed by Laura Gonzalez in the style of a Parisian apartment, the 55,000-square-foot outpost spans two stories and is the final component in the transformation of the historic 564-foot-tall Art Deco skyscraper, which underwent an office-to-residential conversion that finished in 2023. The property yields 566 condominium units, 100,000 square feet of private amenities, as well as a Whole Foods Market and Life Time fitness facility in its base. Printemps is located along Broadway between Wall Street and Exchange Place.

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Affordable Housing Lottery Launches for 25 Water Street in Manhattan’s Financial District

By Vanessa Londono

The affordable housing lottery has launched for 25 Water Street, a 32-story office-to-residential conversion and expansion in the Financial District of Manhattan. Designed by CetraRuddy and developed by GFP Real Estate, Metro Loft Management, and Rockwood Capital, the structure yields 1,300 residences. Available on NYC Housing Connect are 330 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $31,955 to $173,340.

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Rendering of 100 Gold Street, courtesy of FXCollaborative

Next Steps Announced For 100 Gold Street Redevelopment In the Financial District, Manhattan

By Max Gillespie

The City of New York has announced the next steps in the redevelopment of 100 Gold Street, a city-owned building planned for conversion into a mixed-income residential building in Manhattan’s Financial District. Led by the New York City Economic Development Corporation (NYCEDC) and the New York City Department of Housing Preservation and Development (HPD), the project will yield approximately 1,000 units and is part of Mayor Eric Adams’ “Manhattan Plan,” which aims to create 100,000 new homes in the borough over the next decade. The 95,000-square-foot building is located at the corner of Gold Street and Frankfort Street.

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