Fulton Center via Grimshaw Architects
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
- It’s cheaper to buy than rent in a number of US cities. [Business Insider]
- Forest City is suing Skanska over the Pacific Park (formerly the Atlantic Yards) B2 modular tower. Skanska issued a Stop Work Order last week over cost overruns, and Forest City is now countering with a lawsuit saying Skanska agreed to a “fixed price” and any issues are due to the builder’s own “failures and missteps”. [Curbed]
- The New York Times Editorial Board is in favor of cutting deals with private developers if it means bringing more affordable housing stock to NYC. [NYT]
- The New York City Department of Transportation breaks ground on the second phase of Fordham Plaza’s reconstruction in the Bronx. Grimshaw is the architect behind the design. [Architect’s Newspaper]
- Op-ed: Brooklyn Bridge Park can be maintained without building any of these 14 new high-rises on the park. The park is poised to come into as much as $200M when tax breaks expire starting 2018. [NYDN]
- Developer Aby Rosen Instagramed an image of what the interiors of the Norman Foster-designed 610 Lexington Avenue will look like. [Curbed]
Images: B2 (left). Image by Field of Schemes; Manhattan aerial (right). Image Wiki Commons