Financial District

Financial District

One world trade center, skyscrapers, tall towers, supertalls

Image courtesy of Michael Vadon’s Flickr

It was recently revealed that One World Trade Center still has a 25 percent vacancy rate four years after opening its door, and that number is about to grow. The first tenant to move into the building in 2014, Condé Nast is now looking to sublease a third of its one-million-square-foot office space. As part of its consolidation plan, the media company on Monday said it’s looking to sublease seven of the 23 floors it currently rents as a way to cut costs, according to the New York Post. It’s estimated Condé Nast paid roughly $50 per square foot when it moved in nearly four years ago–space at One WTC is now worth $75 per square foot.

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Financial District, Transportation

cortlandt street, cortlandt station

Also damaged in 9/11, the R-line at Cortlandt reopened in 2011; photo via Wikimedia

Nearly 17 years after it was severely damaged in the terror attacks on September 11, 2001, and then temporarily shuttered, the Cortlandt Street station is set to open this October. Running on the 1-line, the new station, expected to serve thousands of workers and tourists visiting the site, will boast Ann Hamilton’s artwork, featuring words from the United Nation’s Universal Declaration of Human Rights and the Declaration of Independence (h/t Daily News). Cortlandt Street station was meant to open in 2014, but funding disputes between the Port Authority and the MTA delayed its completion until this year.

More this way

Art, Financial District

fearless girl, charging bull

Fearless Girl and Charging Bull statues on Wall Street; via Anthony Quintano’s Flickr

Mayor Bill De Blasio announced today that the “Fearless Girl” statue currently staring down the iconic Wall Street “Charging Bull” will be getting a permanent home in front of the New York Stock Exchange in the Financial District. Since the diminutive statue’s temporary installation more than a year ago a day before International Women’s Day, sending a message to Wall Street for the need of gender equality in the financial world, the statue has become a major attraction, drawing millions of tourists and locals.

What about the bull?

Architecture, Financial District, New Developments

Photo via Silverstein Properties

Less than two weeks ago, developer Silverstein Properties released a pair of renderings of 3 World Trade Center’s huge outdoor terrace, not only the first outdoor terrace in the WTC complex but the first and tallest private outdoor terrace in all of Lower Manhattan. Today, a fresh batch of views, these of the 1,079-foot-tall, 80-story building’s exterior and interior, also come with a new list of superlatives. Designed by Rogers Stirk Harbour + Partners, 3 WTC will be the fifth tallest building in NYC, the only building in the world with a three-sided cable net wall, and the first building in the world with an annealed glass exterior.

See all the renderings

Events, Financial District, History, Restaurants

A ladies luncheon at Delmonico’s in 1902; photo via MCNY

Nearly five decades before women were granted the right to vote in New York State, a group of fed-up ladies decided to protest a symbolic law that prohibited them from dining in restaurants without men present. After journalist Jane Cunningham Croly was barred from entering a dinner held at the New York Press Club, she and a group of women founded Sorosis, the first professional women’s club in the United States. On April 20, 1868, Croly and her crew held a luncheon at the historic Delmonico’s Restaurant in the Financial District, which became the first to serve women independently of men. Following the groundbreaking meal, clubs for only women formed all over the country.

The full history ahead

Featured Story

Architecture, Design, Features, Financial District, Where I Work

6sqft’s series “Where I Work” takes us into the studios, offices, and off-beat workspaces of New Yorkers across the city. In this installment, we’re touring the Financial District offices of architecture firm Woods Bagot, located on the seventh floor of the Continental Bank Building at 30 Broad Street. Want to see your business featured here? Get in touch!

Internationally acclaimed architecture firm Woods Bagot opened their first office in 1869 in Adelaide, Australia. 150 years, 15 offices, and 850 staff members later, they’ve designed projects from a master plan for Perth to a mixed-use tech center in Singapore to a rental tower right here in Brooklyn. After opening their first NYC office a decade ago in Midtown, the rapidly expanding firm decided it was time to design a work space for themselves. So last summer, they moved into a brand new 11,000-square-foot home in Lower Manhattan.

The vision of Woods Bagot’s head of global workplace interiors, Sarah Kay, and head of global hotels, Wade Little, the studio has done such an impeccable job creating a “raw” feel that guests often think it’s the original interior. Using a simple color palette of black and white, along with industrial elements like raw columns, exposed pipes, and cracked, stained concrete floors, they’ve managed to infuse “New York City grit” into their modern space, complete with virtual reality technology, 3D printing, and, most importantly, an industrial-strength espresso machine. 6sqft recently visited Woods Bagot to see the space in-person and chat with Sarah Kay about how she approached the design, what a typical day in the office is like, and what we can expect to see in the near future from this incredible firm.

Go on the tour

Architecture, Financial District

Rendering via Silverstein Properties

New renderings have been unveiled for an 11,000-square-foot outdoor terrace at 3 World Trade Center, expected to open when the skyscraper does so in June. Designed by Ken Smith Workshop, the space will be fully landscaped and feature a lush garden. As the first outdoor terrace on the World Trade Center campus, 3 WTC tenants will enjoy unbeatable views of 1 WTC and the WTC Transportation Hub. Another perk? A special operator will serve coffee to tenants in a furnished, canopied area on the terrace.

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Cool Listings, Financial District, Interiors, South Street Seaport

This $8.5K a month Seaport loft is a real ship house

By Michelle Cohen, Tue, April 10, 2018

115 South Street, Financial District, Rentals

Pun intended, this open-plan penthouse loft is certainly no slum–it sits atop a genuine restored 1840s ship house at 115 South Street in lower Manhattan’s Seaport District. Asking $8,495 a month, the character-filled top-floor space is blessed with 14-foot-high ceilings, exposed timber joists, and whitewashed brick, with stunning views of the harbor and river. It’s four flights up, says the listing, but “worth every step.”

Take a look around

Architecture, condos, Construction Update, Financial District, New Developments, Starchitecture

130 William Street, David Adjaye, Adjaye Associates, Lightstone Group, Financial District condos

Four months after revealing renderings for his first NYC skyscraper, esteemed British architect David Adjaye is finally seeing the project get off the ground. CityRealty reports that construction at 130 William Street has reached street level, with a red kangaroo crane in the ready to begin its nearly 800-foot-tall rise. The Ghana-born architect, who was knighted by Queen Elizabeth II and named one of TIME’s 2017 most influential people, has said the condo tower was inspired by the historic masonry architecture of the Financial District.

Find out more ahead

Art, Financial District

fearless girl, kristen visbal

The statues available for sale. Photo Credit: Jafe Parsons.

It was bound to happen. Two-foot-high replicas of the popular, controversial “Fearless Girl” statue of a young girl standing up to Wall Street’s “Charging Bull” are now for sale, Huffington Post reports. The statue’s creator, artist Kristen Visbal, is selling reproductions of the infamous statue for $6,500; the statues will be part of a limited edition with only 1,000 made in total.

How can I get one?

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