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Design, Financial District, Policy

In an effort to enhance the accessibility and the appearance of the New York Stock Exchange district, a new proposal is calling for curbless streets, enhanced lighting, multi-functional seating and simplified security structures. The Alliance for Downtown New York released on Monday a study that details ways to improve the historic area to make it more appealing and easier to navigate. While the corner of Wall and Broad Street has witnessed more than 400 years of Lower Manhattan history, starting when Dutch settlers built a wall as the city’s northern border, the area is not living up to its potential as one of New York City’s crown jewels, according to Jessica Lappin, the president of the Alliance.

The study is the result of a nine-month process, with the Alliance working in tandem with local stakeholders, community members and design partners, WXY Architecture + Urban Design. “This report lays out a roadmap,” Lappin said in a press release. “It is a grand yet achievable vision that could turn the Stock Exchange District into the jewel it should be.” The group estimates the overhaul project will cost roughly $30 million.

See the proposal

Architecture, condos, Financial District

Rendering of One Beekman courtesy of Noë & Associates with The Boundary

New renderings have been unveiled for One Beekman, a mixed-use development designed by Richard Rogers, and it has nearly reached its 25-story pinnacle in the Financial District. As the firm’s first residential project in the United States, Rogers Stirk Harbour + Partners have designed a tower that provides every single apartment with views of City Hall Park by shifting the circulation core to the south, according to the New York Times. The front of the building is open with oversized windows, allowing for half of the 31 total condo units to have outdoor terraces overlooking the park.

See them here

Architecture, Financial District

Rendering of the canopy at the graveyard via Trinity Wall Street

The Trinity Church, whose history in New York City dates back 300 years, will partially close beginning Monday for a two-year, $98.6 million renovation of its nave, the main part of the church. As its first major revitalization in over 70 years, the landmarked church’s project will restore parts of the original 1846 Gothic Revival style designed by Richard Upjohn. This includes rebuilding the chancel to its original size, increasing capacity by 140 seats and painting the interior walls and ceilings to reflect the original stone design. The reconstruction will move services and events at the Episcopal parish to nearby St. Paul’s Chapel, but the Chapel of All Saints and the churchyard, where Alexander Hamilton is buried, will remain open throughout the project.

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Cool Listings, Financial District

88 Greenwich street, john varvatos, condos, cool listings

This elegantly designed studio in the Greenwich Club at 88 Greenwich Street belongs to Martin Dimen, who is the design director for the iconic contemporary men’s brand John Varvatos–and the home’s interiors reflect the brand’s aesthetic of masculine opulence. The Financial District condo is asking $725,000.

See more, this way

Construction Update, Financial District, Major Developments

Rendering by REX

Construction of the Ronald O. Perelman Performing Arts Center is officially moving forward, with the first pieces of the center’s structural steel now visible above street level, according to CityRealty. The idea for an arts center at the World Trade Center was included in the original vision for rebuilding the area after Sept. 11, a plan proposed nearly 15 years ago. Designed by REX, the flexible “Mystery Box” will be wrapped in translucent marble, the same material used on the Thomas Jefferson Memorial, and laminated with insulated glass. Named for Ronald O. Perelman who gifted $75 million to the project, the center will include 200,000 square feet of space, three halls and a rehearsal space, a restaurant and a gift shop.

More details here

Financial District

One world trade center, skyscrapers, tall towers, supertalls

Image courtesy of Michael Vadon’s Flickr

It was recently revealed that One World Trade Center still has a 25 percent vacancy rate four years after opening its door, and that number is about to grow. The first tenant to move into the building in 2014, Condé Nast is now looking to sublease a third of its one-million-square-foot office space. As part of its consolidation plan, the media company on Monday said it’s looking to sublease seven of the 23 floors it currently rents as a way to cut costs, according to the New York Post. It’s estimated Condé Nast paid roughly $50 per square foot when it moved in nearly four years ago–space at One WTC is now worth $75 per square foot.

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Financial District, Transportation

cortlandt street, cortlandt station

Also damaged in 9/11, the R-line at Cortlandt reopened in 2011; photo via Wikimedia

Nearly 17 years after it was severely damaged in the terror attacks on September 11, 2001, and then temporarily shuttered, the Cortlandt Street station is set to open this October. Running on the 1-line, the new station, expected to serve thousands of workers and tourists visiting the site, will boast Ann Hamilton’s artwork, featuring words from the United Nation’s Universal Declaration of Human Rights and the Declaration of Independence (h/t Daily News). Cortlandt Street station was meant to open in 2014, but funding disputes between the Port Authority and the MTA delayed its completion until this year.

More this way

Art, Financial District

fearless girl, charging bull

Fearless Girl and Charging Bull statues on Wall Street; via Anthony Quintano’s Flickr

Mayor Bill De Blasio announced today that the “Fearless Girl” statue currently staring down the iconic Wall Street “Charging Bull” will be getting a permanent home in front of the New York Stock Exchange in the Financial District. Since the diminutive statue’s temporary installation more than a year ago a day before International Women’s Day, sending a message to Wall Street for the need of gender equality in the financial world, the statue has become a major attraction, drawing millions of tourists and locals.

What about the bull?

Architecture, Financial District, New Developments

Photo via Silverstein Properties

Less than two weeks ago, developer Silverstein Properties released a pair of renderings of 3 World Trade Center’s huge outdoor terrace, not only the first outdoor terrace in the WTC complex but the first and tallest private outdoor terrace in all of Lower Manhattan. Today, a fresh batch of views, these of the 1,079-foot-tall, 80-story building’s exterior and interior, also come with a new list of superlatives. Designed by Rogers Stirk Harbour + Partners, 3 WTC will be the fifth tallest building in NYC, the only building in the world with a three-sided cable net wall, and the first building in the world with an annealed glass exterior.

See all the renderings

Events, Financial District, History, Restaurants

A ladies luncheon at Delmonico’s in 1902; photo via MCNY

Nearly five decades before women were granted the right to vote in New York State, a group of fed-up ladies decided to protest a symbolic law that prohibited them from dining in restaurants without men present. After journalist Jane Cunningham Croly was barred from entering a dinner held at the New York Press Club, she and a group of women founded Sorosis, the first professional women’s club in the United States. On April 20, 1868, Croly and her crew held a luncheon at the historic Delmonico’s Restaurant in the Financial District, which became the first to serve women independently of men. Following the groundbreaking meal, clubs for only women formed all over the country.

The full history ahead

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