Financial District

New York City has taken an important step toward protecting one of the country’s largest central business districts from the costly and destructive effects of climate change. The city's Economic Development Corporation and the Mayor's Office of Climate Resiliency recently released the Financial District and Seaport Climate Resilience Master Plan. At a projected cost of up to $7 billion, this environmental blueprint for the Lower Manhattan shoreline imagines a resilient waterfront that can withstand severe storms and rising sea levels.
Find out more about the plan

New $18.3M sustainable playground opens at the Battery

Image courtesy of Diane Bondareff/AP Images for The Battery Conservancy

December 20, 2021

New $18.3M sustainable playground opens at the Battery

By Aaron Ginsburg

One of New York City's largest sustainable parks officially opened last week. Following a 25-year initiative, the Battery Conservancy on Thursday opened the Battery Playscape, a 1.5-acre playground that triples the size of the former park and aims to reinforce sustainable practices in its users through its eco-friendly design and features.
Details here

Landmarks votes to keep ‘Fearless Girl’ statue across from the Stock Exchange for three more years

Photo by Ahmer Kalam on Unsplash

December 15, 2021

Landmarks votes to keep ‘Fearless Girl’ statue across from the Stock Exchange for three more years

New York City's Landmarks Preservation Commission agreed in a unanimous vote on Tuesday to keep the popular "Fearless Girl" statue in its home on Broad Street across from the New York Stock Exchange for three more years. As 6sqft previously reported, the statue’s permit with the Landmarks Preservation Commission (LPC) expired on November 29. State Street Global Advisors, the statue’s owners, submitted a request for a ten-year permit last year, which will ultimately be addressed at a hearing before the Public Design Commission, which oversees the city’s art collection. The LPC vote was based solely on the statue's placement in a historically significant location.
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Events & Things To Do

‘Fearless Girl’ statue faces possible eviction as permit expires

Image via Anthony Quintano’s Flickr

December 2, 2021

‘Fearless Girl’ statue faces possible eviction as permit expires

In 2018, 6sqft reported that artist Kristen Visbal's "Fearless Girl" statue was on the move to her current spot across from the New York Stock Exchange. Now, the diminutive statue is in the news once again, as her time there may be drawing to a close. The statue's permit with the Landmarks Preservation Commission expired on November 29, and with a city hearing scheduled for December (or even later), the fate of "Fearless Girl" is not a sure thing.
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16-foot-tall ‘Flyboy’ sculpture from artist Hebru Brantley unveiled at The Battery

All photos: NYC Parks / Malcolm Pinckney

November 17, 2021

16-foot-tall ‘Flyboy’ sculpture from artist Hebru Brantley unveiled at The Battery

A 16-foot-tall steel and fiberglass sculpture of a superhero has been installed at The Battery in Lower Manhattan. Designed by artist Hebru Brantley, the artwork, called The Great Debate, is part of a series featuring the character Flyboy, an aviator goggle-wearing, crime-fighter. The sculpture will be on display through November 13, 2022.
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Events & Things To Do

Live in the Woolworth Tower apartment seen on ‘Succession’ for $23M

Photo by Travis Mark.

October 20, 2021

Live in the Woolworth Tower apartment seen on ‘Succession’ for $23M

The palatial residence perched on the 29th floor of Downtown Manhattan's iconic Woolworth Building is unique enough as it is. Now, Pavilion A at The Woolworth Tower Residences at 2 Park Place has the additional status of having been recently featured in the season three premiere of HBO's Succession. Two years ago, 6sqft reported the apartment's listing for $29.85 million–about $3 million less than when it made its debut. In addition to its star turn on the Emmy-winning drama, the five-bedroom, four-and-a-half-bath duplex has been discounted 30 percent to $23.355 million.
See more of the film-worthy Pavilion residence, this way

Distinctive Homes

With Norman Foster back as the architect, 2 WTC construction could begin soon

Photo by Phil Dolby on Flickr

September 9, 2021

With Norman Foster back as the architect, 2 WTC construction could begin soon

Twenty years after the terrorist attacks of September 11, the redevelopment of Lower Manhattan's World Trade Center complex is nearly complete. But one tower still hasn't got off the ground. After architecture firm changes and financing problems, developer Silverstein Properties said construction is set to begin in the coming months on 2 World Trade Center with a new design from Norman Foster's Foster + Partners. As first reported by Commercial Observer, the developer is close to securing an anchor tenant, which would lead to a construction loan and the start of work within "the next six to 12 months."
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World Trade Center’s St. Nicholas National Shrine will be lit for the first time this week

Rendering courtesy of Friends of St. Nicholas

September 8, 2021

World Trade Center’s St. Nicholas National Shrine will be lit for the first time this week

On September 11, 2001, a Greek Orthodox church on Cedar Street was destroyed, resulting in plans to rebuild the structure at a new location on Liberty Street. Construction finally began on this new Santiago Calatrava-designed church, St. Nicholas National Shrine, in 2015, and though there were some hurdles along the way, the domed building will finally be lit for the first time. The church will commence the 20th-anniversary remembrance of 9/11 with a memorial service and the inaugural lighting of the Saint Nicholas National Shrine this Friday evening.
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Architecture And Design

Apply for 63 mixed-income units at new FiDi high-rise with rooftop terraces, from $1,329/month

Renderings courtesy of NYC Department of Housing Preservation & Development

September 7, 2021

Apply for 63 mixed-income units at new FiDi high-rise with rooftop terraces, from $1,329/month

A housing lottery launched this week for 63 mixed-income apartments at a new 34-story tower in the Financial District. The mixed-use building 7 Dey Street is conveniently located next to the Fulton Center transit hub and boasts amenities like multiple outdoor spaces, a fitness center, a co-working room, and more. Qualifying New Yorkers earning 70 or 130 percent of the area median income can apply for the apartments, ranging from $1,329/month studios to $3,235/month two-bedrooms.
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Affordable Housing

Crown Shy team opens new restaurant SAGA on the 63rd floor of Art Deco landmark 70 Pine

The west terrace. Photo © 6sqft

August 25, 2021

Crown Shy team opens new restaurant SAGA on the 63rd floor of Art Deco landmark 70 Pine

Most dinners don't begin with a welcome drink on a terrace 63 stories above Manhattan, but that's exactly the case at SAGA, a new fine dining restaurant and cocktail bar from James Kent and Jeff Katz, the Michelin-star team behind Crown Shy. Both restaurants are located in the Art Deco landmark 70 Pine, Crown Shy at ground level and SAGA nearly 800 feet in the sky. The new restaurant opens today and 6sqft got an exclusive behind-the-scenes look at the beautiful spaces and three outdoor terraces.
See more here

Food & Dining

For $950K, this FiDi one-bedroom is big on closets and outdoor space

Listing images courtesy of Douglas Elliman

August 2, 2021

For $950K, this FiDi one-bedroom is big on closets and outdoor space

For under $1 million, this one-bedroom Financial District apartment sure has a lot to offer. The place itself isn't huge at 583 square feet, but there's a beautiful 230-square-foot terrace and a surprising amount of closet space. It's located at the high-end Greenwich Club condo at 88 Greenwich Street.
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Distinctive Homes

New looks for the performing arts space coming to the World Trade Center

The Perelman at night, facing south © Luxigon

July 20, 2021

New looks for the performing arts space coming to the World Trade Center

About a month after the Ronald O. Perelman Performing Arts Center (PAC) topped out at the World Trade Center complex, new renderings of the unique project were released this week. As first spotted by Yimby, images showcase the flexible cube-shaped building and its glowing marble facade, the grand staircase, theaters, bar and restaurant, and terrace space. First envisioned nearly two decades prior, PAC is expected to open in 2023.
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Rendering by TMRW, courtesy of Brookfield Place New York

June 30, 2021

The Bungalow is a new Montauk-style hangout on the Lower Manhattan waterfront

This Friday, the waterfront Upper Plaza at Brookfield Place will be transformed into The Bungalow, a "relaxing urban oasis inspired by the beachside retreats of Montauk." Guests can take in views of the Hudson River and New York Harbor while enjoying specialty cocktails and small bites. They'll also be able to enjoy live music and DJs, bocce courts, and weekly events and arts programming. The best part? It's free to enter.
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Photo of a past dinner by Lizzie Munro @lizziemunro

June 8, 2021

Dine al fresco at the historic Broad Exchange Building’s massive penthouse balcony

By 6sqft

When outdoor dining took on a new life last summer, many restaurant and hospitality companies had to get creative. But Resident, a startup that hosts dinners on balconies and rooftops of luxury apartments, was already ahead of the game. This past fall, they launched a socially distant supper club on the balcony of the Financial District's landmarked Broad Exchange Building, including a rotating chef residency with newcomers who have experience at Michelin-starred restaurants. The supper club is now back, featuring a Venezuelan-inspired tasting menu from Chef Luis Herrera, redefined soul food from Chef Sakari Smithwick, a Filipino-inspired meal from Chef Harold Villarosa, and much more.
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60 Wall Street revamp swaps out postmodern atrium for a skylight and massive 100-foot green wall

New atrium proposed for 60 Wall Street; Conceptual renderings courtesy of Paramount Group

May 18, 2021

60 Wall Street revamp swaps out postmodern atrium for a skylight and massive 100-foot green wall

The eccentric 1980s atrium at the Financial District office tower 60 Wall Street is getting a 21st-century makeover. As part of a major renovation, owner Paramount Group is ditching the indoor palm trees and man-made rock displays and creating a public space they feel is more attractive in a post-pandemic era. With designs from Kohn Pedersen Fox, the updated atrium of the 47-story tower will boast a new skylight and a 100-foot-tall, block-long interior green wall.
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Real Estate Trends

Plan for 900-foot tower with 1,325 rentals at 5 World Trade Center moves forward

Photo by bilderkombinat berlin on Flickr

February 12, 2021

Plan for 900-foot tower with 1,325 rentals at 5 World Trade Center moves forward

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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Three mixed-use buildings on historic Stone Street in FiDi ask $20.8M

All photos courtesy of Anthony Puopolo for Douglas Elliman

February 8, 2021

Three mixed-use buildings on historic Stone Street in FiDi ask $20.8M

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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See the shiny, amorphous tower imagined for Lower Manhattan

All renderings by Hayri Atak Architectural Design

January 26, 2021

See the shiny, amorphous tower imagined for Lower Manhattan

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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Architecture And Design

The first presidential inauguration was held in New York City in 1789

Photo via Wikimedia Commons

January 20, 2021

The first presidential inauguration was held in New York City in 1789

By 6sqft

One of the nation's most significant Inauguration Days has finally come, and while we're all looking forward, we also thought it was pertinent to take a look back. On Thursday, April 30, 1789, the first United States Congress met, and the first president was sworn in (the presidential term had already started on March 4 of that year, but logistical delays had kept the votes from being counted or certified). With a quorum finally in place, George Washington took the oath of office as the first president of the United States, alongside Vice President John Adams, on the balcony of the Federal Hall in what is now the Financial District.
The whole history here

History

Before Times Square: Celebrating New Year’s in old New York

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

December 30, 2020

Before Times Square: Celebrating New Year’s in old New York

By Lucie Levine

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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$2.5M full-floor FiDi condo has two outdoor spaces and World Trade Center views

Photo courtesy of Douglas Elliman

November 25, 2020

$2.5M full-floor FiDi condo has two outdoor spaces and World Trade Center views

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.
More ahead

Distinctive Homes

David Adjaye and Aston Martin collaborate on residences and luxury car at 130 William in FiDi

All residence images courtesy of Aston Martin

November 12, 2020

David Adjaye and Aston Martin collaborate on residences and luxury car at 130 William in FiDi

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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August 25, 2020

Inside the stunning, abandoned City Hall subway station

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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After Cuomo provides health personnel, 9/11 Tribute in Light is back on

Image by David Z from Pixabay

August 17, 2020

After Cuomo provides health personnel, 9/11 Tribute in Light is back on

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.
More details here

Events & Things To Do

Photo of The Greens courtesy of The Howard Hughes Corporation

August 4, 2020

You can lounge and dine at a rooftop ‘lawn’ at the South Street Seaport