Financial District

affordable housing, Financial District, New Developments

WTC, world trade center, 5 world trade center

Photo by bilderkombinat berlin on Flickr

Plans to build a 900-foot mixed-use tower with 1,325 units of housing at 5 World Trade Center are moving forward. The boards of the Port Authority of New York and New Jersey and the Lower Manhattan Development Corporation voted on Thursday to approve the recommendation of the selection committee for the proposal from Brookfield Properties, Silverstein Properties, Omni New York, and Dabar Development Partners. The site is the former location of the Deutsche Bank building which was damaged in the September 11 terrorist attacks and later demolished. The developer will now enter negotiations for a lease for the residential tower, expected to measure 1.56 million gross square feet.

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Cool Listings, Financial District, Historic Homes

All photos courtesy of Anthony Puopolo for Douglas Elliman

Here’s an opportunity to influence the future of one of New York City’s oldest streets. Goldman Properties is selling three of its mixed-use buildings located on Stone Street in the Financial District for $20.75 million. As the city’s first paved street in New York, Stone Street’s history dates back to the middle of the 1600s and today remains a car-free cobblestone-lined walkway with an outdoor dining scene that predates the pandemic. The portfolio includes three buildings with a total of ten free-market two-bedroom and three-bedroom loft rentals and three operating restaurants.

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Architecture, Financial District

All renderings by Hayri Atak Architectural Design

Turkish firm Hayri Atak Architectural Design has proposed something extremely unique for the downtown skyline. Called the Sarcostyle Tower, the shining structure is a large rectangle with sinuous, carved-out sides. Conceptually placed amidst the historic landmarks and mid-century office towers of lower Manhattan, the 689-foot building was inspired by human anatomy and cells. An actual sarcostyle is a muscle fiber, so it makes sense that the firm decided upon this name for theior biologically inspired project.

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Features, Financial District, History, holidays

The Miriam and Ira D. Wallach Division of Art, Prints and Photographs: Picture Collection, The New York Public Library. (1878). New-Year’S-Day In New Amsterdam. Courtesy of NYPL Digital Collections

Every year on December 31, the eyes of the world turn to Times Square. New Yorkers and revelers worldwide have been ringing in the New Year from 42nd Street since 1904 when Adolf Ochs christened the opening of the New York Times building on what was then Longacre Square with a New Year’s celebration complete with midnight fireworks. In 1907, Ochs began dropping a ball from the flagpole of the Times Tower, and a tradition for the ages was set in motion. But long before Ochs and his proclivity for pyrotechnics, New Yorkers had been ringing in the New Year with traditions both dignified and debauched. From the George Washington and the old Dutch custom of “Calling,” to the rancorous tooting of tin horns, one thing is clear, New York has always gone to town for the New Year.

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Cool Listings, Financial District

Photo courtesy of Douglas Elliman

A spacious full-floor loft with two outdoor terraces in the Financial District is asking $2.48 million. The two-bedroom, two-bath condo is located at 119 Fulton Street and has perfectly-framed Freedom Tower views. The apartment features a newly renovated kitchen with top-of-the-line appliances, custom built-ins, keyed elevator access, and outdoor spaces on either end of the unit.

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Architecture, condos, Design, Financial District

All residence images courtesy of Aston Martin

Five apartments for sale at Sir David Adjaye’s first New York City tower have been custom-designed by luxury carmaker Aston Martin. Located on the 59th and 60th floors of 130 William, a 66-story condo in the Financial District, the exclusive units come with a special edition Aston Martin DBX, an SUV designed in collaboration with Adjaye. The five condos include two penthouses, one priced at $11.5 million and the second at $10.5 million, and three loggia residences, priced at $3.985 million, $5.985 million, and $10 million.

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Events, Financial District

Photo courtesy of @meetresident

When outdoor dining launched this past summer, New Yorkers had a number of unique spots to dine al fresco, from the most photographed block in Brooklyn to one of the city’s oldest streets. A special outdoor dining experience has launched in New York, created by Resident, a startup that hosts dinners on balconies and rooftops of luxury apartments. Next month, the company is hosting a socially-distant supper club at the Broad Exchange Building, a landmarked skyscraper in the Financial District.

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Features, Financial District, History, Transportation

Photo © James and Karla Murray

When the New York City subway opened on October 27th, 1904, it was the magnificent City Hall station that served as the backdrop for the festivities, with its arched Guastavino-tiled ceiling and skylights. But by 1945, the newer, longer subway cars could no longer fit on the station’s curved tracks, so it was closed. Today, the New York City Transit Museum occasionally offers tours of the abandoned station, which is how photographers James and Karla Murray were able to capture these beautiful photos. Ahead, see more of the station and learn all about its history.

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Events, Financial District

Image by David Z from Pixabay

It takes nearly 40 stagehands and electricians more than a week to produce the annual Tribute in Light display that marks the 9/11 anniversary each year, according to the New York Times. And because they must work in close contact, the National September 11 Memorial & Museum decided last week to cancel this year’s memorial. Upon hearing the news, Governor Cuomo, however, stepped in and said he’d provide the medical personnel necessary to make the event happen safely.

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Events, Financial District, Restaurants

Photo of The Greens courtesy of The Howard Hughes Corporation

Social distancing guidelines have definitely gotten restaurants to be extra creative, like The Rooftop at Pier 17 which has just opened a new dining experience where guests can book one of 28 “mini-lawns.” Called The Greens, the experience has transformed the South Street Seaport rooftop venue into private cabana-style plots, each of which can accommodate eight guests.

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