In 2005, the Durst Organization and COOKFOX Architects completed a restoration of 11 landmarked rowhouses along the historic, cobblestoned Front Street in the South Street Seaport, preserving the nearly 200-year-old structures. In addition, they constructed three new buildings on the block between Beekman Street and Peck Slip to offer a total of 13 street-level retail spaces and 95 residential units above. The New York State Housing Finance Agency provided more than $46 million in funding for the project, and as such stipulated that five percent of the apartments be reserved as below-market rate. Back in 2012, a waitlist opened for these units, and as of today, the next waitlist is accepting applications. The middle-income homes are available to those earning no more than 150 percent of the area median income and range from $2,268/month studios to $2,913/month two-bedrooms.
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A report released Monday by the Downtown Alliance shows that the area south of Chambers Street in lower Manhattan is chock full of young New Yorkers with plenty of disposable income; the development advocacy group hopes the news will result in the creation of more options for them to spend it. Crains reports on the survey, which found that 60 percent of apartments in a growing residential sector that includes the Financial District, Battery Park City and the South Street Seaport are home to single tenants and roommates with no children, one of the highest concentrations of young singles–defined as 18- to 44-year-olds, in the city. This spendy demo hits the town every other night on average, blowing about $1,000 a month, adding up to $356 million a year. But according to the report, half of that is spent in other neighborhoods due to a lack of “appealing options” in the area.
At this Beekman Street residence, two small apartments had been combined into one large one by a previous owner. Architecture and design firm Triarch reworked the floor plan to better connect the apartment’s series of separate rooms. The end result combines candy-coated pops of pink, red and purple, eye-popping art and contemporary finishes to make the home feel playful and creative, as well as livable.
Though they didn’t have much luck with their controversial tower at the Seaport, SHoP Architects and the Howard Hughes Corporation have gotten approvals for their revamp of the historic, 1983 Fulton Market Building. Yimby reports that on Tuesday, the Landmarks Preservation Commission approved the revised design for the building’s exterior, which alters the signage from the original 2014 proposal. To show how the signs will look, SHoP prepared several new renderings of the site.
This South Street Seaport loft, at 272 Water Street, certainly hasn’t abandoned its history. It still retains details of the former warehouse building and boasts an undeniably lofty interior. But it’s also been decked out with plenty of high-end finishes, like new plank floors and a custom wood and steel staircase leading to a lofted bedroom. The owner and renovator (per Curbed) is the Director of Team Operations for the New York Yankees, who travels so often he only enjoys the space about half the year. Likely why he’s just listed the home for $1.595.
Though the appliances and fixtures are state-of-the-art, and lots of consideration has been given to comfort and daily life, this 1,000-square-foot lower Manhattan loft at 330 Pearl Street is no “loft.” It’s just the sort of authentic downtown space your cool friends lived in when they moved to the city back in the late ’80s, with its flexible open spaces (or lack of actual rooms, depending on how you look at it), industrial finishes, big windows, beams, brick, white, and custom-built almost-everything. And though it’s less common to find a loft like this on the market in the places you might have back then (Soho, Noho, Tribeca), the Seaport comprises a rare corner of the city that’s geared up for growth but still a bit undefined–perhaps the perfect spot for an authentic loft.
Rendering of the proposed 494-foot tower via SHoP Architects
The long-plagued condo tower designed by SHoP Architects for the Fulton Fish Market site at the South Street Seaport has been nixed, according to statements made by the Howard Hughes Corporation at a community board meeting last night. DNAinfo, who first reported on the fate of the 494-foot tower, says that the developer will instead construct a “not tall” commercial building at what’s now known as the New Market Building site.
INTERVIEW: Captain Jonathan Boulware Sets Sail as the South Street Seaport Museum’s Executive Director, Wed, October 21, 2015
The South Street Seaport Museum may not be one of New York City’s glitziest institutions, but it’s certainly one of the most resilient and perhaps the one most closely tied to the founding of the city itself. Using actual historic buildings and ships to provide interactive exhibits and educational programs, the museum tells the story of New York’s rise as a port city and how that led to the development of the entire country. But the seaport location became all too real in 2012 when Hurricane Sandy ravaged the entire historic district, leaving the museum with $20 million in damages and the loss of its institutional partner, the Museum of the City of New York.
Now, three years later, the South Street Seaport Museum is sailing into new territory, thanks in large part to its recently appointed executive director Captain Jonathan Boulware, a lifelong sailor, marine educator, expert in historic ships, and all-around lover of maritime history and culture. In August, Boulware and his team landed a $10.4 million FEMA grant to repair the storm damage, and in May, the museum launched a $10.6 million city-funded project to restore Wavertree, one of the museum’s most significant historic ships. With these exciting developments underway, we caught up with Captain Boulware to learn a bit about his background, what visitors can expect at the museum, and where the institution is heading.
Rendering of the revamped Tin Building via SHoP Architects
Perhaps spearheaded by the Smorgasburg foodie culture, putting multiple local food vendors in one place has become a recipe for success in NYC development projects. There’s the Hudson Eats food hall at office-filled Brookfield Place, the forthcoming food court by Anthony Bourdain at Pier 57, Danny Meyer’s possible giant food hall at Hudson Yards, the 55-vendor Dekalb Market Hall planned for Downtown Brooklyn’s City Point, and the food hall at Sunset Park‘s Industry City, to name just a few. So it comes as no surprise that the South Street Seaport redevelopment will boast not one, but two massive food halls.
The Post reports that none other than three Michelin-starred chef Jean-Georges Vongerichten (ABC Kitchen, the Mercer Kitchen, and JoJo are just a few of his famed restaurants) will be spearheading the foodie revolution at the Howard Hughes Corporation’s $1.5 billion mega-development. According to the paper, “The great chef and his business partner Phil Suarez have signed a lease/partnership contract with NYSE-listed Hughes to launch two major Seaport projects — a 40,000 square-foot, seafood-themed marketplace inside the Tin Building and a 10,000 square-foot restaurant in a rebuilt Pier 17.” Both are expected to open in 2017.
Site excavation has begun on a sleek condominium tower set to erupt into the forefront of one of Manhattan’s most iconic and historical vistas. Developed by Brooklyn-based Fortis Property Group, a 5,000-square-foot site at 161 Maiden Lane is slated to give way to a 150,000 square-foot tower positioned to become downtown’s first residential skyscraper directly fronting the East River.
Earlier this month, Curbed (via Fredrik Ecklund’s Instagram) revealed the project’s official name of “One Seaport” and that it will rise 60 stories. Whether that number reflects actual floors or phantom Trump floors remains to be seen, but permits filed with the Department of Buildings last summer detail a 51-story, 640-foot glass prism designed by Goldstein Hill & West Architects (GHWA). Either way, given the project’s location, small lot size and lack of height limitations, One Seaport promises to be a new marker in the downtown skyline that will provide its lucky residents with spectacular views of the bridges, Brooklyn, and beyond.