At this point, the record breaking sales of luxury apartments in Midtown are not really news. As the towers rise higher, so do the prices. This has been the trend for quite some time and it shows no signs of slowing down. With that said, did you hear about the one Downtown? Bloomberg reported that the nine-story penthouse at Cass Gilbert’s Woolworth Building is expected to be listed for $110 million. The top 30 floors of the tower are currently being converted into luxury apartments, but the penthouse is quite literally Woolworth’s crown jewel—and it is priced as such.
A tipster shared with us the above view of Santiago Calatrava‘s World Trade Center Transit Hub receiving the final piece of its giant steel arch. According to the tipster, “they JUST set the final tooth on the World Trade Center Transit Hub to complete the supporting structural system. Once welding is complete they will proceed with installing the “wings,” the cantilevered outriggers that complete the structural form.” Looks like this thing is about to soar.
In early April, the ten finalists in the Rebuild By Design competition unveiled their proposals to protect the Tri-state region from the next Sandy. And in the near future, a jury will select a winner—or winners—to receive federal funding to pursue their plans. But before that final announcement is made, AN is taking a closer look at each of the final ten proposals. Here’s BIG’s “Big U” that could save Lower Manhattan from the next superstorm.
Connecting two existing waterfronts—Battery Park and East River Park—the rehabilitation of the East River Esplanade has been a catalyst of renewal along Manhattan’s East River. The latest phase of the plan—by SHoP Architects and Ken Smith Workshop—extends the current three-block-long Esplanade north, adding recreational amenities and addresses the challenges of building a new landscape beneath an elevated highway between Catherine Slip and Pike Slip in Lower Manhattan..
After Hurricane Sandy swept through the east coast, it left Water Street, a sleepy corridor in lower Manhattan, even more deserted. But now, Department of City Planning (DCP) has proposed a zoning text amendment to enliven the quiet downtown stretch by allowing for seating, art installations, food trucks, concerts, and other such events and amenities on privately owned public spaces (POPS). Sprinkled throughout the city, POPS are unique public areas that are maintained by developers for public use in return for more floor space in their development.
It seems that a proposal to make the New Amsterdam Market a permanent fixture in the South Street Seaport’s former Fulton Fish Market building has every food critic and preservationist in New York City revved up, and touting the plan as the next big game-changing development for Lower Manhattan. New York Times opinion and food columnist Mark Bittman went so far as to say that this expansive food market has “wonderful potential that dwarfs even that of the High Line.”
We heard rumblings, but now it’s official—a 400-room, 50-story high Holiday Inn will be joining the ranks of downtown hotels at 99 Washington Street near the World Trade Center. It will be the world’s tallest Holiday Inn and the go-to architect for New York hotels, Gene Kaufman of Gwathmey Siegel Kaufman & Associates Architects, will be doing the honors. Kaufman’s other high-profile hotel projects, the Chelsea Hotel renovation and the new Hyatt near Union Square, seem to be moving full steam ahead, despite legal wrangling at the Chelsea. The Holiday Inn will likely open to guests by the end of this year.
The landmarked Standard Oil Building at 26 Broadway continues to undergo its transformation from the oil giant’s Carrère and Hastings-designed New York headquarters into a bustling school building. Last week, AN got a sneak peek at the third academic institution to be completed there, a 104,000-square-foot space occupying the building’s first, mezzanine, and second levels. It will add 677 high school seats to the Broadway Education Campus, which currently includes The Urban Assembly School of Business for Young Women (on the 4th and 5th floors) and Lower Manhattan Community Middle School (on the 6th and 7th floors).
All three schools have been designed by John Ciardullo Associates Architects, who have worked extensively with the SCA over the past several decades. Perhaps that relationship is why Ciardullo was allowed to have a bit of fun with the campus.