Financial District

Construction Update, Financial District, Major Developments, Transportation

One WTC, One World Trade Center, One WTC construction update, progress at One WTC

As many of you architecture buffs know, One WTC now rises a symbolic 1,776 feet, making it the tallest building in the Western Hemisphere and the third tallest in the entire world. Designed by renowned architect David Childs of Skidmore, Owings and Merrill, it also has a LEED Gold certification and is the most environmentally sustainable project of its size. After a temporary real estate slump, the 104-story, glass and steel building is now 56% leased, with big-time tenants like Conde Naste, Morgan Stanley, Legends Hospitality, and BMB Group. Eight years after construction began, One World Trade is at an exciting juncture with its tenants expected to move in by the end of the year, already beginning to build out their office spaces. The original crew of 10,000 has been reduced to 600, and we’re checking in on what these remaining workers are up to.

Check out some amazing photos of the progress at One WTC

Cool Listings, Financial District, Interiors

Setai Wall Street, Alex Birkenstock apartment, apartment interior, Steve Harivel design, walls of windows, 40 Broad Street

Alex Birkenstock, heir to the shoe brand worn in colleges across the U.S., is selling his Setai Wall Street penthouse and he’s asking $12.995 million. If you’re into movies like Back to the Future or the episodes of Family Guy where Stewie and Brian hop in the time machine, you’ll get a kick out of this amazing apartment. With the help of Steve Harivel, one of the designers behind the famous Soho House hotel, this 3,500-square-foot pad seamlessly blends modern technology and vintage charm… and the best part is the furniture is included. If you’re already screaming like you got called to the front in The Price is Right, just wait until you see what this place has in store.

Oh, but there’s more… a lot more. Just click here.

Architecture, Financial District, Hotels

17John Cotel, Prodigy Network, Rodrigo Nino, 17 john street, crowdfunded real estate, crowdfunding real estate, crowdfunding, real estate nyc, nyc hotels, crowdfunded hotels

Remember that competition held in February to crowdsource the design of a hotel to be located in downtown Manhattan? Looks like the results are in and Prodigy Network just announced the winners of the competition for the 17John ‘Cotel’ (collaborative + hotel = cotel).

The winning designs cover both the public interior spaces and the private rooms of 17John, and as the competition brief outlined, all the rooms are specifically tailored to the modern business traveler. Rooms range from long-term living spaces to more standard short-stay hotel rooms. The hotel will also be equipped with flexible spaces for work and meetings, and digital services that “provide comfort, community, and connectivity for its guests”.

see the winning designs here

Financial District, Interiors

One of New York’s oldest landmarks is home to the city’s coolest apartment. Completed in 1896, 150 Nassau Street was originally designed as the headquarters for the American Tract Society. The religious printing house moved out of the beautiful Beaux Art skyscraper in 1914 and like a lot of historic New York City buildings, it has since been transformed into luxury condos.

As with all penthouses, the top floor of the 23-story structure — appropriately dubbed the SkyHouse — boasts stunning views of the Big Apple’s most beloved landmarks, including the Empire State Building and the Brooklyn Bridge. What sets the four-story home apart, however, is its distinct layout and one-of-a-kind accents, courtesy of architect David Hotson and interior designer Ghislaine Viñas.

Take a tour of the cool FiDi penthouse

Financial District, New Developments

woolworth building

According to Bloomberg News, the penthouse at the Woolworth building will ask for a jaw-dropping $110 million when units hit the market this Fall. This is the highest-ever ask for an apartment in downtown Manhattan, and one sure to send the market into a frenzy.

Jonathan Miller, president of appraiser Miller Samuel Inc., told Bloomberg that the price is indicative of the prestige and unique history of the landmarked building, rather than the location or its status as a luxury apartment. “We’ve seen rapid absorption downtown,” he told Bloomberg, “but this project is unlike anything that’s come online.”

More about the penthouse this way

Featured Story

Art, Features, Financial District, People

Photographer Barry Rosenthal

Photographer and artist Barry Rosenthal is inspired by nature. His latest series, Found in Nature, is a response to what he was seeing and feeling while out on beaches. Barry, whose pieces can be found in the permanent collection of the MoMA in New York City and the Springfield Museum of Fine Art in Springfield, Massachusetts, is himself being found through Found in Nature. The series was recently featured in Brazil’s National Geographic Magazine.

Although Barry works in nature, he has lived in the caverns of the Financial District since 1987. Long before the neighborhood would become popular with young professionals and families, Barry and his wife, Elyn, found that the area — then made up primarily of office buildings — had just what they were looking for: space. Over the last 25 years, they and their daughter Macie, now 18, made the Financial District their home. The family was certainly ahead of the curve.

As a New Yorker, I was curious to learn more about Barry. What was it like living in this neighborhood back in the ’80s, especially from the perspective of a photographer and artist with a keen eye for observing the world? Why did he decide to head out of his studio and work in nature?

READ THE INTERVIEW WITH BARRY ROSENTHAL HERE

Architecture, Battery Park City, Financial District, Hotels, Major Developments

Fortis' 151 Maiden Lane

New renderings of Fortis Property Group’s mixed-use development at 151 Maiden Lane have been revealed! As reported by New York YIMBY, permits were filed last week for the new tower which will sit upon a 281,000-square-foot waterfront development site that the company purchased back in August of last year.

Fortis’s new residential project will boast a 161,000-square-foot, 52-story luxury condominium with 74 high-end apartments each hosting “uninterrupted river views with the top floors having virtually 360-degree views,” according to Fortis’s website. The design, which holds Goldstein Hill & West as the architect of record, is another glassy high-rise that boasts a slender profile with balconies rising on the glass face in a helix-like gesture. In fact, the design looks quite a bit like an amalgamation of New York by Ghery and One Madison. (A good thing?)

Fortis also plans to build a 120,000-square-foot hotel at the western portion of the development site. The hotel will share luxury amenities with the residential section of the development. Construction will start this year.

[Via NY YIMBY]

Image via Fortis Property Group

Cool Listings, Financial District, Interiors

owntown by Starck, 15 Broad Street

The year is 1928: Scotch tape is first marketed by 3M, the first air-conditioned building opens in San Antonio, the clip-on tie is designed, the NY Yankees sweep the Cards in the 25th World series – and the Equitable Trust Building at 15 Broad Street was completed.

For nearly 80 years the L-shaped grey brick stone building would house some of the most influential financial companies in the world, until developer A.I. & Boymelgreen rescued it from certain demolition in 2003 and tasked French architect Phillipe Starck to turn it into a luxury condominium worthy of the financial capital of the world.

Check out #2412 at 15 Broad Street

Financial District, New Developments

Harry Macklowe , Bank of New York Tower, 1 wall street, one wall street, ralph walker nyc, ralph thomas walker architecture, art deco nyc

According to the Wall Street Journal, a group of investors, led by developer Harry Macklowe, has just paid $585 Million for One Wall Street, the headquarters of Bank of New York Mellon Corp.

A spokesman for Macklowe declined to disclose what the developer plans to do with the 50-story tower, but word is that other bidders for the building, which included JDS Development Group and a joint venture of Elad Group and Silverstein Properties Inc., had plans to convert it for residential use. If the building is transformed into luxury residential units, the Art Deco styling will certainly lend to the appeal. The Chelsea‘s Ralph Thomas Walker-designed Walker Tower, and its sister building in Hell’s Kitchen, the Stella Tower, have done quite well in their conversions to co-ops, attracting both the rich and famous with buyers paying on average $3,443 per square foot in the Walker.

Macklowe is said to be “very pleased to be associated with this landmark property.”

[Via WSJ]

Financial District, Interiors, Recent Sales

123 Washington Street, 52D

Have you ever walked into a house and thought to yourself, “How do they keep it so clean?!” This is one of those houses. From the pure-white Italian lacquer cabinetry to the dark ebony wood floors, unit 52D at the W Downtown Hotel & Residence exudes impeccable sleekness.

According to property records, the unit, which has never before been lived in, recently sold for $2 million. The sophisticated black-and-white interior design is contemporary, yet inviting. All furnished condos were designed by Louise Sunshine’s Sunshine Group, whose motto is “all square feet are not created equal.” Here this rings true, as each piece in the home is thoughtfully placed — the oversized steel lamp compliments the low marble coffee table in the living room, and plush, neutral fabrics warm up the bedroom.

design details this way

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