Between the controversial–and eventually nixed–condo tower and the news of ESPN’s new studio plans, it’s hard to keep up with what’s taking shape at Pier 17 in the Seaport district. The latest arrival comes from above: Developers Howard Hughes Corporation announced plans earlier this year for a “crown jewel” for the new pier, a rooftop stage and installation with a see-through canopy that will maintain sightlines of Lower Manhattan. The high-tech topper was designed by German architect Achim Menges, known for ethereal, high-concept structures made with 3-D printers or woven from carbon fibers. Set for a summer 2018 opening, the new performance space will occupy 60,000 square feet according to Downtown Express. The project on Tuesday was approved by the Landmarks Preservation Commission, who said it will “set a standard for all future temporary seasonal structures.”
South Street Seaport
Pier 17 glows red in honor of new tenant ESPN. Photo: Taylor Crothers via Howard Hughes Corporation.
Cable giant ESPN will be opening a big new studio–the sports network’s first in NYC–this spring at the South Street Seaport Pier 17 complex in Howard Hughes Corporation’s $731 million East River waterfront redevelopment project. The New York Post reports that the network’s studio partner, NEP group, has signed a multi-year lease for a 19,000-square-foot third floor space with Brooklyn and Manhattan skyline views at the new pier.
The Beaux Arts skyscraper known as the American Tract Building at 150 Nassau Street is among the city’s oldest landmarks. It was built in 1896 as the headquarters for the American Tract Society, one of the nation’s largest religious printing companies. As an anchor of the Seaport district’s Newspaper Row, it was among the city’s tallest office towers of its time and one of the city’s first steel skeletal frame skyscrapers. Like many historic NYC buildings, it has since been transformed into luxury condominiums like this sprawling 1,700 square-foot two-bedroom designer loft, now on the rental market for $8,250 a month.
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.
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.
Capitalizing on a revitalized Financial District, Fulton Street is bursting with residential development activity. With a re-imagined Fulton Street Transit Hub open and the second coming of the World Trade Center shopping center and Pier 17 on the horizon, at least five sizable towers are jostling to join the street’s renaissance.
Most interesting of the bunch is a 40-story residential skyscraper set to rise at 75 Nassau Street. Developed by Lexin Capital and designed by ODA Architects, its 307,000-square-foot, slab-like massing is distinguished by fragmented and nibbled-away edges that run vertically along the tower’s corners. At its more than 500-foot-high pinnacle, a forest of trees will top the structure, giving the high rise a profile that will recall the iconic finials of the district’s skyscrapers.