New York City developers have been increasingly competing to seek environment-friendly accreditations based on standards like Passive House, LEED and wellness to distinguish their offerings. Recently “Zero Waste,” defined by the U.S. Zero Waste Business Council as, “achieving over 90% diversion of waste from landfills, incinerators and the environment,” is rising in popularity, with good reason: Certified buildings won’t be generating the mountains of garbage that are the bane of NYC living. 565 Broome Soho, the under-construction condominium tower at the crossroads of Soho, Hudson Square and Tribeca, hopes to be Manhattan’s first Zero Waste-certified residential building, CityRealty reports.
Bizzi & Partners Development
The new mixed-use tower to rise at 125 Greenwich Street will indeed be adding another supertall to the Financial District’s skyline. New renderings confirm a final height exceeding 1,000 feet, inching the tower above the the 977-foot 4 World Trade Center nearby at 150 Greenwich Street, according to YIMBY. 6sqft previously reported on the progress of the slender tower-to-be, designed by Rafael Viñoly Architects and developed by a joint venture comprised of Michael Shvo, Bizzi + Partners Development, and Howard Lorber’s Vector Group that will offer a limited collection of condominium residences with unparalleled views of the lower Manhattan skyline and beyond.
Earlier this month, the Wall Street Journal profiled broker-turned-developer Michael Shvo and revealed his development company SHVO now has more than $4 billion dollars worth of projects in the works for the city. While many are still in planning stages and have yet to be released to the public, construction is moving ahead on a trio of condominium developments along Manhattan’s western spine — the Getty, 125 Greenwich Street, and 565 Broome SoHo (as a development partner). While varied in neighborhood and scale, they all enlist high-caliber architects and will bring Shvo’s characteristic high level of attention to detail and “pursuit of perfection.”
In January, 6sqft unveiled a set of illustrations and drawings detailing the exterior of Renzo Piano’s forthcoming condominium tower 565 Broome Street (formerly known as 555 Broome). Now, with construction finally underway, the investors at Cindat Capital Management have published an online gallery providing a better taste of what’s to come.
Pitched between two of the city’s most coveted neighborhoods, Soho and Tribeca, the much-anticipated development will rise nearly 320 feet in height along a full Varick Street block front between Broome and Watts Streets. The 25-story structure is being propelled forward by a joint venture among Bizzi & Partners Development, Michael Shvo and Itzhaki Acquisitions. Pritzker Prize-winning architect Renzo Piano was tapped as the design architect, while the local talents at SLCE are serving as the architects of record.
It’s been some time since 6sqft checked on 125 Greenwich Street, a slender tower that will soar more than 1,000 feet high and offer a limited collection of condominium residences with unparalleled views of the lower Manhattan skyline and beyond. Developed by a joint venture comprised of Michael Shvo, Bizzi + Partners Development, and Howard Lorber’s Vector Group, the 9,000-square-foot corner site will yield 275 compact residences spread over 306,000 square feet of space, along with a retail- and amenity-filled podium. Plans submitted to the Department of Buildings in October show that most of the building’s floor plates will house six apartments each.
Here’s a closer look at Renzo Piano’s much-anticipated condominium tower planned for a full block-front in West SoHo, between Broome and Watts streets. Dubbed The SoHo Tower, the 25-story building is being developed by way of a partnership between SHVO, Halpern Real Estate Ventures, Itzhaki Acquisition and Bizzi & Partners Development. The team picked up much of the development site in 2014 for $130 million, and yesterday, the Commercial Observer reported they’ve secured the final portion of the project site at 555 Broome Street for $9 million.