10 south street

Construction Update, Financial District, Hotels, Restaurants

Via Ismael Leyva Architects

The plan to convert the landmarked Battery Maritime Building into a hotel and Cipriani rooftop restaurant is back on schedule after an injection of capital into the project, Crain’s reported on Thursday. Developer Midtown Equities will take a 30 percent stake, allowing construction to resume this fall or winter. In 2009, the city first approved a plan to redevelop the building, which sits at 10 South Street in the Financial District, but was delayed after a series of legal and financial setbacks.

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