Photo via Wikimedia
The Walt Disney Company announced Monday it will move its operations from the Upper West Side to Lower Manhattan, where the media giant is planning to build modern production space and offices. Disney purchased the rights to develop Trinity Church’s property at 4 Hudson Square for $650 million under a 99-year agreement. The site covers a full city block, bordered by Hudson, Varick, Van Dam and Spring Streets.
“This move represents an historic step forward toward our long-term vision for our New York operations,” Robert Iger, CEO of Disney, said in a statement. “The Hudson Square district is rapidly becoming a dynamic, innovative hub for media, technology and other creative businesses.”
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Courtesy of the Skyscraper Museum
The Skyscraper Museum has released a new interactive web project and digital archive called Heritage Trails New York, which revives a landmark history project from 1997. Heritage Trails focuses on the historic blocks of Lower Manhattan, from the Battery to the African Burial Ground and Foley Square, stretching from the Hudson River to the South Street Seaport. The updated map expands on the original, which was designed by architect Richard D. Kaplan, by letting users more easily follow along with the dotted path via smartphone or computer.
Explore the map here
Mayor Bill de Blasio and the New York City Economic Development Corporation released their official pitch for Amazon’s second headquarters on Wednesday, one day before the deadline. Boasting the city’s talented tech workforce, the de Blasio administration has pitched Midtown West, Long Island City, the Brooklyn Tech Triangle (DUMBO, Downtown Brooklyn and the Navy Yard), and Lower Manhattan as the four best spots for Amazon to call home. The tech giant’s nationwide competition, announced in September, set out to find their next headquarters, called HQ2. The company promises the headquarters will bring 50,000 new jobs and $5 billion in initial city investment.
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231 Bowery sits next to the New Museum, image via New Museum
The New Museum Board of Trustees announced Wednesday that OMA’s Rem Koolhaas and Shoehei Shigematsu will design the museum’s new building at 231 Bowery as part of the institution’s expansion. The new structure, purchased by the contemporary art museum in 2008, will link the museum’s Sanaa-designed building and double their footprint on the Bowery, adding 50,000-square-feet of space. OMA’s first public project in New York City, 231 Bowery is expected to break ground in 2019.
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