NEW YORK | 77 Greenwich Street | 500 FT | ? FLOORS


#1

31 floors for a hotel?

Are the developer and the hotelier aware that Trinity Church rings its bells for half an hour every Sunday morning?


NEW YORK | 69-79 Greenwich St (32-42 Trinity) | FT | FLOORS
#2

“…remnant of pre-war Manhattan…” you must be referring to the War of 1812. Pre-war usually refers to WW2, but this building is also pre-WW1, Spanish-American War, Indian Wars, Civil War, Mexican War, War of 1812, and all wars and skirmishes in between. Granted, it’s not a pretty structure in its present state, but it is one of the older piles of bricks around.


#3

First Look: 42 Trinity Place, Another Supertall Coming to the Financial District

Last December, renderings of plans for the site at 42 Trinity Place surfaced, with a design by FX Fowle. They came with news that the site could accommodate a 300,000 square foot as-of-right project. YIMBY has now learned that the site may end up with a building in excess of one million square feet, for which we now have the first preliminary renderings.

The bulk of the new development rights come from Trinity Church, which had 600,000 square feet of extra air rights sitting unused. That square footage will be added to the existing allotment (which will also likely include a long-stalled hotel site at 50 Trinity Place), allowing a tower with over one million square feet of air rights to rise, resulting in a probable supertall.

Studio C Architects is behind the current images, which show the rough potential of the site’s future occupant. Plans have the building rising 80 stories and 1,015 feet, though another tipster notes the tower could go even higher. The air rights’ assemblage is larger than any other predominantly residential supertall in the works except for 217 West 57th Street, and the site could easily support a configuration that results in a significantly taller final height.
Per Studio C head Wilson Chao, the images are currently still in the study stage, and this version of the project may not move forward.

Like the Nordstrom Tower, 42 Trinity Place will also be mixed-use. Preliminary plans call for a two-story retail space, topped by three floors for the Department of Education, followed by a hotel spanning floors 7 through 38. Above, the building will be entirely residential.

The location is increasingly prime, and several prominent developments are either under construction or in the planning stages in the surrounding blocks. 50 West Street is already rising, fresh filings are up for 125 Greenwich, and demolition will soon begin on 68-74 Trinity Place. All will feature condominiums at very high price-points, a trait 42 Trinity will probably share.

The southern edge of the tower abuts the Robert and Anne Dickey House on Edgar Street, a lackluster remnant of pre-war Manhattan that somehow has Landmark status (detailed in an extremely lengthy PDF). Despite the building’s lack of any redeeming aesthetic value, it will be maintained forever, and plans for 42 Trinity call for the supertall to slope downwards, with its southern envelope nearly stooping to the roof of the Dickey house.

No completion date has been announced, but as of late last year, Trinity Place Holdings was the site’s prospective developer. The assemblage also extends to Greenwich Street, and its northern edge is bound by Rector.


#4

This may be happening sooner than we thought!

http://www.tribecatrib.com/content/city-announces-deal-elementary-school-former-syms-site


#5

I hope so! That’s exciting.


#6

I agree!


#7

Hopefully the design is elegant like 111 Murray or 50 West. With this location, I’m hoping for a Waldorf like crown or something that really shines. Something to restore the peak like nature of Lower M.


#8

This is prime location for an amazing design.We can only hope it is stunning, and like you always say my dear mr Walpole, this is the age of Ramses. AND IM LOVING IT hahaha.


#9

45 Broad, 42 Trinity, and 80 South Street are going to be the crown jewels of the Financial District (outside the WTC towers) by 2025. And I think 42 Trinity may have the most potential of any of the sites, although it would be fantastic if the development could also involve the demolition and reconfiguration of the enormous parking garage next door as well as the access roads for the tunnel.


#10

I agree, Yimby. Those gsrages must go, and the BBT entrance/exit should get decked over and covered with a park


#11

It appears that the developer is not seeking to acquire the adjacent parcels (44, 46-48, and 50 Trinity), which would have enabled construction of a much taller tower.

It looks nice though.



#12

Maybe the developer is trying to flip? I doubt this will get built this market cycle.


#13

I hope so. A 500 footer here seems like a missed opportunity.


#14

I think it will. By all accounts, there’s extensive demand for smaller units in the $2k to $3k, financing is still cheap and easy to obtain, and lastly, global financial tumult makes these units a safer investment than ever to park overseas cash. I disagree with Jeff Blau.

Also, the Education Dep’t will want this school built sooner rather than later.

To be honest, a supertall built next to the heinous entrance to the BBT and next to those equally heinous enormous garages made no sense .


#15

Larger Resolution Rendering:


#16

This is a beautiful tower. I like how its south facade folds inward like the CIT Tower on 5th.

I also like how the west facade undulates outward in a series of waves. Also, these waves seem to decrease in height as the tower rises. I’d like to see a full rendering if this tower from the east or west. I suspect that it does not have a flat, horizontal top.


#17

Honestly, I’m not bothered by the reduction in height, the design still looks nice and will be a decent addition to downtown.


#18

I agree. Its a elegant design. We still have 45 Broad for the area, so in time (hopefully by summers end or late Q3), steel will rise.


#19

And 125 Greenwich.


#20

http://www.downtownexpress.com/2016/01/28/the-new-fight-over-the-new-school/

BY YANNIC RACK |

The city has finally named a site for a long-awaited elementary school for the Financial District after a years-long fight for space, but Downtowners aren’t declaring total victory yet. In fact, they’re preparing for a whole new battle over exactly what the new school will look like, aiming to maximize the rare opportunity to create Downtown classroom space, and make sure it will be enough.
http://www.downtownexpress.com/2016/01/28/the-new-fight-over-the-new-school/