Fortis Property Group

Architecture, condos, New Developments, South Street Seaport

South Street Seaport, 161 Maiden lane, Goldstein Hill & West, Peter Poon, Manhattan condos, nyc new developments, nyc skyline, downtown skyline, East River, New York History

Site excavation has begun on a sleek condominium tower set to erupt into the forefront of one of Manhattan’s most iconic and historical vistas. Developed by Brooklyn-based Fortis Property Group, a 5,000-square-foot site at 161 Maiden Lane is slated to give way to a 150,000 square-foot tower positioned to become downtown’s first residential skyscraper directly fronting the East River.

Earlier this month, Curbed (via Fredrik Ecklund’s Instagram) revealed the project’s official name of “One Seaport” and that it will rise 60 stories. Whether that number reflects actual floors or phantom Trump floors remains to be seen, but permits filed with the Department of Buildings last summer detail a 51-story, 640-foot glass prism designed by Goldstein Hill & West Architects (GHWA). Either way, given the project’s location, small lot size and lack of height limitations, One Seaport promises to be a new marker in the downtown skyline that will provide its lucky residents with spectacular views of the bridges, Brooklyn, and beyond.

Click here for the past, present, and future of 161 Maiden Lane

Real Estate Wire

470 Eleventh Avenue by archilier architecture

Today’s residential real estate news highlights in one digestible bite:

  • Black House just closed on the $62M Hudson Yards site needed for Archilier Architecture’s lantern-like mixed-use tower. [TRD]
  • A rare luxury residential building in Boerum Hill is on the sales block and could garner well over $50M. [NYP]
  • Who says writers don’t make money? Author Jonathan Safran Foer wants $13M for his Park Slope home. [Curbed]
  • The sale of Long Island College to Fortis Property Group has been finalized. Next up for the site? Luxury condos, of course. [Crain’s]
  • A new 19-story mixed-use tower is rising in Kips Bay, plus 714 more condos for Downtown Brooklyn. [Curbed]
  • The Landmarks Preservation Commission may not mind the Pastis building being topped off, but 290 West End Avenue won’t be getting a penthouse. [Curbed]
  • A 5-story Greenwich walk-up apartment building just sold for double the price a seller bought it for three years ago. It took just a week and a half to find a buyer. [Crain’s]

Black House’s tower (left); The Jonathan Safran Foer pad (right}

New Developments

Long Island College Hospital exterior

Perhaps the third time will be the charm — after multiple bids, the State University of New York may have found a buyer for its cash-strapped Long Island College Hospital. In the latest attempt to move redevelopment plans forward, Fortis Property Group has jumped in with a new deal: It’ll pay $240 million to transform the Cobble Hill facility into market-rate condos and a clinic.

Details on the deal straight ahead

Architecture, Battery Park City, Financial District, Hotels, Major Developments

Fortis' 151 Maiden Lane

New renderings of Fortis Property Group’s mixed-use development at 151 Maiden Lane have been revealed! As reported by New York YIMBY, permits were filed last week for the new tower which will sit upon a 281,000-square-foot waterfront development site that the company purchased back in August of last year.

Fortis’s new residential project will boast a 161,000-square-foot, 52-story luxury condominium with 74 high-end apartments each hosting “uninterrupted river views with the top floors having virtually 360-degree views,” according to Fortis’s website. The design, which holds Goldstein Hill & West as the architect of record, is another glassy high-rise that boasts a slender profile with balconies rising on the glass face in a helix-like gesture. In fact, the design looks quite a bit like an amalgamation of New York by Ghery and One Madison. (A good thing?)

Fortis also plans to build a 120,000-square-foot hotel at the western portion of the development site. The hotel will share luxury amenities with the residential section of the development. Construction will start this year.

[Via NY YIMBY]

Image via Fortis Property Group

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