Financial District

World Trade Center Transportation Hub Gets Its Final Steel Rafter

Ironworkers attach the “Old Glory” flag to the final Oculus rafter piece before installation

November 26, 2014

World Trade Center Transportation Hub Gets Its Final Steel Rafter

Just weeks after One World Trade Center and the Fulton Center Subway Station opened their doors for business, the last of the 114 steel rafters was installed on Santiago Calatrava's long-overdue, majorly over-budget flying bird-looking transportation hub. This is just one of many steel components in the project; it’s made up of 618 steel pieces which weigh more than 12,000 tons. The rafters were supposed to be completed by August, but though they were three months behind schedule, the hub is still expected to open in late 2015.
Read more here

November 14, 2014

Lindsay Lohan Rents Financial District Apartment

By Annie Doge

LiLo is moving to FiDi. When she wraps up her run of “Speed the Plough” on London's West End, Lindsay Lohan will cross the pond straight to the Financial District, where she's inked a deal on a 700-square-foot apartment at the W New York Downtown at 123 Washington Street, according to the Daily News. The one-bedroom pad was originally listed for $2 million and then as a $5,000/month rental, though there's no confirmed word on exactly what Lindsay, along with her sister Ali, will be paying. But the Lohan girls will have plenty of celeb neighbors, including Kate Upton and Bow Wow.
Take a look inside LiLo's new home

Fulton Center via Grimshaw Architects

November 6, 2014

Fulton Center Subway Station to Open This Monday with Its Impressive Oculus

By Dana Schulz

It's a busy couple of weeks for the Financial District. On Monday, Condé Nast moved in to One World Trade Center, and this coming Monday, November 10th, at 5:00pm, the Fulton Center subway station will finally open. The new station, which connects ten subway lines, was first conceived in 2002 as part of downtown revitalization efforts following 9/11, but also because the station had needed improvements for decades. It was initially supposed to open in 2007, but funding hurdles and escalating costs delayed the progress. More recently, Hurricane Sandy and systems testing problems pushed back the opening further. But the $1.4 billion transit hub is now ready to welcome commuters and dazzle them with its giant 120-foot-tall oculus.
Take an advance look inside Fulton Center

November 5, 2014

POLL: Can One World Trade Center Get to 100% Occupancy?

By Dana Schulz

On Monday, anchor tenant Condé Nast moved into One World Trade Center. It was, of course, a significant day for many reasons, but it left a lot of people wondering if they would feel comfortable working in the 104-story tower. And since the building is currently only 58% leased, we want to know if you think One WTC […]

Real Estate Trends

November 4, 2014

See How Top Architects Build Sculptures from 100,000 Cans of Food to Help the Hungry

By Diane Pham

Food drives and can collections are not uncommon as we approach the holidays. And with Thanksgiving right around the corner, Canstruction is back again for its 22nd year with a brand new exhibit that invites New Yorkers to not only think about food in a whole new way, but to take part in a good cause. This year's event has invited 32 teams made up of NYC's top architecture and engineering design firms to turn 100,000 cans of food into spectacular sculptures at Brookfield Place. To give you a taste of what's to come when the exhibit opens this Thursday, some of last year's participants included big names like Skanska, Perkins Eastman, CetraRuddy, Ennead Architects, Arup, and Dattner Architects. Yes, these are more than just a bunch of stacked cans.
More on the new exhibit

November 3, 2014

Today’s the Day: Condé Nast Moves into One World Trade Center

By Dana Schulz

More than nine years after ground broke at One World Trade Center, the tower's first and largest tenant, Condé Nast, is moving in. Though the media company will not complete its move until January, the relocation actually began last weekend when 2,800 orange crates full of files, photos, and books were carted downtown from the media company's Times Square office. Today, 175 employees will start their days at One WTC, the first wave of the 3,400 employees at 18 magazines. And as the New York Times notes, the scene they're encountering is much different than when construction began nearly a decade ago. As the number of financial institutions has declined, tech firms, advertising agencies, and media companies have made the Financial District their new home, along with a residential population of 61,000.
More on the big move here

October 29, 2014

It Will Cost $32 to Visit One World Trade Center’s Observatory

By Dana Schulz

On Monday we learned that tourism is predicted to bring in one quarter, roughly $53 million, of the One World Trade Center's annual revenue by 2019. And now the much-talked-about ticket price to visit the three-floor observation deck of the tower, known as One World Observatory, has been revealed. It will cost $32 for an adult to visit the observatory when it opens in the spring of 2015.
More details and renderings of the observatory ahead

October 28, 2014

Happy Birthday Lady Liberty! She Turns 128 Today

By Rebecca Paul

Every day Lady Liberty stands tall holding high her torch in celebration of our nation's freedom. Since today is Miss Liberty's 128th birthday, we thought it would only be appropriate to take some time out of our busy schedules to return the favor. Join us for a brief look back at some of Miss Liberty's most notable moments throughout history. Happy birthday Lady Liberty, and here we go!
Fun facts on Miss Liberty here

History

October 27, 2014

It’s Expected That Tourism Will Bring in 25% of One World Trade Center’s Revenue

By Dana Schulz

On Friday, news broke that anchor tenant Condé Nast will begin its big move in to One World Trade Center on November 3rd. And now we've learned that the Port Authority of New York and New Jersey, along with the Durst Organization, is predicting that one quarter, roughly $53 million, of the tower's annual revenue will be generated from tourism by 2019. The three-floor observation deck of the tower, known as One World Observatory, is expected to be visited by about 3.5 million people per year. Legends Hospitality LLC, the developer of the observatory, has not yet revealed what it will cost to visit the site, but it's expected to be on par with the Empire State Building, which received $101 million in 2013 from visits to its observatory (it costs $29 per person), 40% of its annual revenue.
Learn more about this prediction and the state-of-the-art observation deck here

October 24, 2014

Move-In Day at One World Trade Center Set for November 3

By Dana Schulz

Remember those jitters you’d get leading up to college move-in day? We wonder if Condé Nast is feeling that way in anticipation of its big move into One World Trade Center, now set for November 3rd. The tower’s anchor tenant will not make a big to-do of its move, but the Port Authority of New York and […]

October 23, 2014

Accounting for the Strange Faces That Adorn the Woolworth Building (And Other Fun Facts)

By Diane Pham

The 101-year old Woolworth Building has been in the news quite a bit lately, especially since it was first announced that the top 30 floors would be turned into 34 apartments; one of which is a nine-story penthouse is expected to hit the market for a record $110 million. But the Woolworth has long been at the center of New York life with its storied past and lofty 792-foot height. It cost $13.5 million to erect the tower in 1913, and the building was the world's tallest when it first debuted. Though a number—50 to be exact—have surpassed it in height, the Woolworth Building has remained one of the world's most admired for its detailed and compelling ornamentation. Like other prestigious companies of its time, Frank W. Woolworth wanted something unforgettable and the building's architect, Cass Gilbert, certainly delivered. The tower is filled to the brim with mosaics, stained-glass, golden embellishments and of course tons of those carved faces and figures.
See the faces of the Woolworth building

History

October 16, 2014

REVEALED: Renderings for Santiago Calatrava’s Ground Zero Church

By Dana Schulz

Ahead of the groundbreaking this weekend, a new video and renderings have been revealed for Santiago Calatrava's church near Ground Zero, which will overlook the 9/11 Memorial. The new St. Nicholas Greek Orthodox Church will be constructed of white Vermont marble, inspired by a mosaic of the Madonna and Child Enthroned at the Hagia Sophia in Istanbul.
More on the design here

New Woolworth Building Listing Reveals Additional Residential Details

Rendering of unit 31A terrace

October 16, 2014

New Woolworth Building Listing Reveals Additional Residential Details

By Dana Schulz

First came the floorplans for the $110 million penthouse, then the first set of interior renderings, and now we have a new sneak peak inside the highly anticipated Woolworth Tower Residences. The Post has profiled unit 31A, a four-bedroom, full-floor unit on the market for $26.4 million. And along with a written description--"a kitchen with all the modern conveniences, a massive formal dining room, hidden bars, a library and...two terraces to enjoy the view from 31 stories up"-- come two new renderings, those of the terrace and the kitchen.
More details ahead

New Developments

September 24, 2014

REVEALED: Beekman Hotel and Condo Interiors

By Dana Schulz

Last month, pricing and exterior renderings were released for the much-anticipated Beekman Hotel and Condo conversion project. The long-shuttered historic structure (originally known as the Temple Court Building) will be topped off with a 51-story condominium tower adjacent to the 1883-built landmark and its famous atrium. It will contain 68 residential units designed by Thomas Juul-Hansen. The building's lower levels will house 287 hotel rooms. Now, Curbed has received the first reveal of the interior renderings, and they do not disappoint. From the modern apartments with Woolworth Building views to the luxe amenity areas, the rooms at 5 Beekman Street exude luxury and prestige. One of the most impressive interior shots is of the atrium, which extends through all nine stories of the original Terra Cotta structure and is topped off by a large, pyramidal skylight. It will be a lounge by Tom Colicchio known as the Living Room, the centerpiece of the hotel and a fine dining spot for residents and guests alike.
Tour the rest of the conversion, from the atrium to the roof terrace

September 4, 2014

Frank Gehry’s Decade-Old Design for the WTC Performing Arts Center Gets Dumped by Officials

By Diane Pham

Frank Gehry continues to fall out of favor with New Yorkers as execs of the Performing Arts Center at the World Trade Center have officially shelved the starchitect's design planned for Ground Zero. Gehry drew up plans for the art center over a decade ago and very few moves were made to bring the project to fruition—in part due to stalled fund-raising and delays to the construction of the transit hub which sits under site. The snub, which actually wasn't communicated to the architect directly, seems to not have affected him much, but he had some choice words directed towards the board's president, Maggie Boepple.
More on the drama here

Architecture And Design

September 3, 2014

Prodigy Network Closes on $85 Million FiDi Site for Their ‘Cotel’ Crowdfunded Hotel

By Dana Schulz

Back in June, we took a look at the winning designs for Prodigy Network's 17John 'Cotel' (collaborative + hotel = cotel), the city's first crowdsourced hotel and the world's first collaborative hotel. Now, the real estate crowdfunding startup has closed on the 15-story rental building at 17 John Street for $85.3 million, $25 million of which came from crowdfunded equity. Additional financing came from Deutsche Bank and another institutional investor. The property will be transformed into a 23-story, 191-unit extended-stay hotel, designed for the next generation of business traveler.
More on the first-of-its-kind project in NYC

September 2, 2014

REVEALED: 125 Greenwich Street Will Rival One WTC and Become Downtown’s Tallest Residential Tower

By Dana Schulz

The latest in the world of New York City supertalls comes to us from New York YIMBY, who has revealed renderings for the Rafael Viñoly-designed 125 Greenwich Street. At 1,356 feet, it will become Downtown's tallest residential tower, the first to rival the 57th Street skyscrapers like Extell's planned Nordstrom Tower, which will rise 1,479 feet. It will also be just 12 feet shy of One World Trade Center's roof, making it the second tallest skyscraper in the Financial District.
More details and renderings here

What It Takes to Maintain the Fraunces Tavern Museum

Image credit: MAAP

August 29, 2014

What It Takes to Maintain the Fraunces Tavern Museum

By Alyssa Alimurung

The Fraunces Tavern Museum at 54 Pearl Street in FiDi has a long history of use, changing hands and purpose countless times since it was constructed back in the 18th century. What started as a simple rental home was later turned into a dance studio, eventually finding itself as a popular tavern-slash-boarding-home-slash-community center throughout and after the Revolutionary War. The […]

August 21, 2014

Floor Plans of the Woolworth’s $110M ‘Pinnacle’ Penthouse Revealed

By Diane Pham

It looks like Alchemy Properties' plan to price the penthouse at the Woolworth building for $110 million has been approved by the New York Attorney General’s office, making it one of the most expensive listings to ever hit the downtown market at $11,700 per square foot. According to The Real Deal, who got a first look at the floor plans, the unit will be called the "Pinnacle" and host 9,400 square feet with about 500 square feet of outdoor space.
More plans and pricing this way

New Developments

August 4, 2014

Prices and More Images of the Landmark Beekman Hotel and Condo Conversion Revealed

By Diane Pham

It was announced back in May that the Beekman Hotel would finally being seeing its rebirth as a brand new condo and hotel. Now, not only has pricing for the 68-unit tower been revealed, but we're seeing a few new images of what's in store for the historic structure that has been shuttered for the last 20 years. As seen in the new renderings, the landmark building will be topped off with a conjoining 51-story condominium tower, creating a 68 residential units designed by Thomas Juul-Hansen. Though fully integrated, residents of the Beekman will have their own private entrance and lobby, located on Nassau Street, and the lower levels of the building will host 287 hotel rooms with a separate access point provided on Beekman Street. All occupants will have access to the hotel's amenities.
Find out more here

July 31, 2014

Sharif El-Gamal Commissions Jean Nouvel to Design Islam Museum Next to WTC

By Dana Schulz

Sharif El-Gamal, CEO of real estate developer Soho Properties, announced today that his company acquired 49-51 Park Place from Consolidated Edison for $10.7 million. He also confirmed that none other than Pritzker Prize-winning starchitect Jean Nouvel will be designing the site's three-story Islam museum and prayer space.
More on the breaking development

July 30, 2014

A 19th Century Candy Store and WWI Fighter Plane Liven Up a Financial District Office Building

By Dana Schulz

Take a step back in time at 77 Water Street, a 26-story office tower designed by Emery Roth & Sons and built by the William Kaufman Organization. The Financial District building features a WWI fighter plane on its roof and a turn-of-the-century penny candy store in its lobby. Thinking that this tower looks too modern for these curiosities? You're right; it was erected in 1970. The William Kaufman Organization wanted to humanize the building and make workers forget they were in an office tower, and to accomplish this they had historic replicas of the plane and candy shop installed. They also added a variety of public art projects throughout the plaza and lobby.
More fun facts about 77 Water Street right this way

July 24, 2014

Beautiful Tribeca Penthouse Also Hosts a Picture Perfect Rooftop Escape

By Stephanie Hoina

Wooden floors, exposed brick, high ceilings AND a private outdoor space. Hooked yet? After seeing the photos of Penthouse 5 at 150 Chambers Street you'll want to move right in. This impeccable floor-through penthouse is $1,714 per square foot -- extraordinary for its Tribeca neighborhood. Check out the photos of your soon-to-be new home.
Check out why we can already see ourselves living here

Distinctive Homes

July 22, 2014

Explore Some of NYC’s Most Beautiful Buildings That Used to be Banks

By Jason Carpenter

Banking made this town, and the bank buildings of the 19th and early 20th centuries continue to house some of New York's most classic architecture and design. Greek, Roman, and even Byzantine Revival architectures were the style of choice for bank buildings, and those great stone pillars are still worth visiting today. Ahead are some of the most beautiful former bank buildings in New York City.
See these beautiful bank buildings here

July 20, 2014

The New York Architecture Day Trip: From Colonial to Deconstructivism in Manhattan

By Jason Carpenter

New York has a long history of great architecture. From the very beginnings in the colonial period to today, there are more great buildings to see in New York than anywhere else on the planet. Thankfully, with this guide, you can see them all in one simple south-north trip across Manhattan. Many great buildings are too tall or difficult to see up close, so we've chosen an example of each style of New York architecture that can also be appreciated from the ground level, rather than forcing you to gawk straight up at a skyscraper. Check out our New York architecture day trip.
Get your itinerary here

July 14, 2014

Checking in on the Progress at One World Trade Center in Photos

By Dana Schulz

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

June 23, 2014

Stunning $13 Million Birkenstock Penthouse Takes You Around the World in 3,500sqft

By Aisha Carter

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.

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