Restoration work on the Equitable Building, aka 120 Broadway, is complete. The historic 104-year-old Beaux Arts skyscraper underwent a two-year, $50 million renovation and recently celebrated the opening of the Bankers Club. The 20,000-square foot space is located on the 40th floor of the 1.9 million-square-foot commercial office building and features an 8,000-square-foot indoor lounge, a cafe, a food hall, and a large, newly built outdoor landscaped rooftop deck for tenants. Beyer Blinder Belle is the design team, while Silverstein Properties is responsible for financing the Financial District project.
This week, the New Museum announced plans for a second building that will nearly double the institution’s footprint to 115,277 square feet at 235 Bowery on the Lower East Side. The structure, designed by OMA’s Shohei Shigematsu and Rem Koolhaas in collaboration with Cooper Robertson, will rise 174 feet between Prince Street and Stanton Street. At seven stories high, the new development will dedicate three floors to gallery space, along with a cafe, bookstore, offices, community and education programs, art storage, and terraces concealed in triangular cutouts on the top three levels.
Following an outcry from local residents and community officials, the Department of City Planning has proposed a series of zoning amendments and land-use actions known as the Bushwick Neighborhood Plan.
While New York City is composed of islands and intersected with rivers and marine throughways within every borough, city dwellers rarely embrace any aquatic entertainment within their own backyards. ONE°15, a new marina within the Brooklyn Bridge Park public waterfront, opened this month on the banks of Brooklyn Heights and aims to remind New Yorkers of an overlooked benefit of living within a coastal city. The marina is the first of its kind to open in New York City in more than 50 years.
Renovations of the Grolier Club’s Upper East Side headquarters at 47 East 60th Street are now complete following a $4.6 million overhaul of the building’s public exhibition hall. Designed by Ann Beha Architects, the improvements are described as an effort to enhance the historic interior spaces by incorporating modern technology and new materials. Founded in 1884, the Grolier Club is the country’s oldest society of bibliophiles. The private club, which was originally constructed in 1917, maintains an exquisite collection of rare and historic books, manuscripts, and sacred texts.