Financial District

affordable housing, Financial District, New Developments

WTC, world trade center, 5 world trade center

Image via Flickr

Last month, Gov. Andrew Cuomo put out a request for proposals for 5 World Trade Center, the last remaining site at World Trade Center’s southern end and the former home of a Deutsche Bank Building that was severely damaged during the September 11 attacks. The RFP seeks commercial or mixed-use proposals for a roughly 900-foot-tall building, that may include a residential component. As the process continues to unfold—and rapidly, with a site tour for interested developers scheduled on July 22—local residents worry that their voices are being left out, as Daily News reported.

More details

Art, Financial District, New Developments

Images courtesy of Silver Art Projects

As rents and costs of living continue to rise in the city, artists have an increasingly hard time finding affordable studio space—particularly in Manhattan. In an effort to help struggling artists, a new artist residency is launching at 3 World Trade Center this fall. Funded by developer Silverstein Properties, Silver Art Projects is a “corporate social responsibility initiative” that will host 30 artists every September for up to eight months, providing them with 44,000 square feet of free studio space on the 50th floor of the building.

More details

affordable housing, Financial District, New Developments

WTC, world trade center, 5 world trade center

Image via flickr cc

Earlier this month, the Port Authority and the Lower Manhattan Development Corporation arrived at a deal to release a request for proposals for the development of 5 World Trade Center, Crain’s reported. The two state agencies had been locked in negotiations over how to develop the last site, which lies at the World Trade Center‘s southernmost end, surrounded by Washington, Albany and Greenwich streets, for years; as a result, the site has remained in limbo. Today, Governor Cuomo officially released a Request for Proposals for the site, which allows for either commercial or mixed-use proposals for a roughly 900-foot-tall building. Any proposals putting forth a residential component must include “onsite affordable units that comply with New York City’s Mandatory Inclusionary Housing program,” according to a press release.

Find out more

Financial District

Via Wikimedia

Since 2016, the skylight of the World Trade Center’s Oculus has reopened on each anniversary of September 11 as part of the “Way of Light” ceremony. But the annual event may not happen this year. The skylight, which has been leaking since last fall, may not be repaired in time for this year’s anniversary, the Wall Street Journal reported on Sunday.

Learn more

Financial District, History, Landmarks Preservation Commission

A man wearing a fez selling drinks in Little Syria in the early 1900s, via Wiki Commons

Three structures on Lower Manhattan’s Washington Street–St. George’s Syrian Catholic Church at 103 Washington Street, The Downtown Community House at 105-107 Washington Street, and the block’s sole surviving tenement at 109 Washington Street--are the last standing architectural vestiges of the once-thriving community of Little Syria. The area served as home to immigrants from Lebanon, Syria, Palestine, Greece, Turkey, Armenia, Moravia, Slovakia, Poland, Hungary, Lithuania, Ukraine, Germany and Ireland that flourished on the Lower West Side in the Late 19th and Early 20th Centuries. Before that surviving history is lost, local preservationists are calling for the structures to become part of a mini historic district, citing a “landmarks emergency.”

Get the scoop

Design, Financial District, Museums

Photo by Monika Graff for the 9/11 Memorial & Museum

The 9/11 Memorial & Museum’s new monument honoring first responders opened Thursday, on the 17th anniversary of the official end of the recovery effort at Ground Zero. The 9/11 Memorial Glade monument recognizes first responders who are currently sick or who have died from illnesses caused by toxins following the September 11 attacks. Located at the World Trade Center site, the memorial consists of six stone monoliths that point skyward to “symbolize strength and determination through adversity.”

See it here

Featured Story

Features, Financial District, History

Sons of the Revolution in the State of New York outside 54 Pearl Street on opening day. Taken from Broad Street facing east. 1907. From the archives at Fraunces Tavern Museum. Courtesy of the Fraunces Tavern Museum

Fraunces Tavern is breaking out the champagne this year to celebrate its 300th birthday. Called “the oldest standing structure in Manhattan,” the building you see today at the corner of Broad and Pearl Streets owes much to 20th-century reconstruction and restoration, but the site has a storied and stately past. In fact, any toasts delivered to mark the Tavern’s tri-centennial will have to stack up against George Washington’s farewell toast to his officers, delivered in the Tavern’s Long Room, on December 4, 1783.

Named for Samuel Fraunces, the patriot, spy, steward, and gourmand, who turned the old De Lancey Mansion at 54 Pearl Street into 18th century New York’s hottest watering hole, Fraunces Tavern connects New York’s proud immigrant history with its Dutch past, Revolutionary glory, maritime heritage, and continuous culinary prowess. Dive into the building’s unparalleled past and discover secrets and statesmen, murder and merriment – all served up alongside oysters as big as your face.

Learn the whole history

Construction Update, Financial District, New Developments, Starchitecture

130 William, David Adjaye

Photo by Chris Coe for Optimist Consulting

Construction at 130 William Street, starchitect David Adjaye’s first skyscraper in New York City, topped out at 800 feet this week. The 66-story tower is making its mark on the Financial District with its hand-cast façade featuring large-scale arched windows and bronze detailing. When complete, it will house 242 residences ranging from $1,300,000 for a one-bedroom to $20,000,000 for a four-bedroom, full-floor penthouse. According to developer Lightstone, there was enormous interest in the units as soon as sales launched less than a year ago, and the tower has since become one of the city’s best-selling condos.

More info and views

condos, Cool Listings, Financial District, New Developments

Renderings courtesy of Binyan Studios

Sales at Trinity Place Holding’s new condominium tower at 77 Greenwich Street have officially launched, and a new batch of renderings are offering us a look inside the elegant residences. Designed by FXCollaborative, the 42-story high-rise will comprise 90 residential units on top of a new public elementary school. Though it hasn’t topped out yet, the finished building will hit 500 feet in height. The residences begin on the 15th floor and will feature sprawling river views with prices starting at $1,780,000 for a one-bedroom unit.

Read more

Financial District

Via Wikimedia

A rubber seal that runs along the middle of the retractable skylight of the World Trade Center’s Oculus has ripped, causing leakage, the Wall Street Journal reported Sunday. The tear may have stemmed from the reopening of the skylight during last year’s anniversary of the Sept. 11 terror attacks, according to the Port Authority, which owns the World Trade Center site.

More here

SIGN UP FOR OUR NEWSLETTERS

Thank you, your sign-up request was successful!
This email address is already subscribed, thank you!
Please provide a valid email address.
Please complete the CAPTCHA.
Oops. Something went wrong. Please try again later.