5 New Downtown Developments

by | Jul 24, 2017 | Downtown Living, Real Estate

The Downtown landscape is constantly growing, evolving and heightening. With new developments popping up all over the lower half of Manhattan, it can be hard to keep track. New buildings and developments are in the works in neighborhoods all over the Downtown. Here are the ones to keep an eye out for over the next few years as they strengthen our iconic skyline.

111 Murray

Photo courtesy of 111 Murray

This cylindrical building is set to hit the Downtown skyline soon. Nestled in TriBeCa, these luxury condos are already more than seventy percent sold. Featuring 145 condominium residences, 111 Murray will be one of Downtown’s tallest residential buildings. The 54-story skyscraper is designed by Kohn Pedersen Fox. It’s sure to become one of the most recognizable buildings in the sky.

“The residences open up in all directions, as if the spaces are expanding,” said Gene Kohn of Kohn Pedersen Fox Associates. “They really are homes in the sky.”

Ace Hotel

Photo courtesy of Ace Hotel

This development at 225 Bowery has sent architecture hounds into a frenzy. While Ace Hotel has yet to confirm this project’s existence, the Department of Buildings signage outside the construction site promises a spring 2018 opening. Either way, the renderings seem to imply a stylish new addition to the Lower East Side scape. The hotel will feature 200 guest rooms and a balcony with city views.

30 Hudson Yards

Photo courtesy of Hudson Yards

This new office building development is perhaps one of the most anticipated in New York City at this moment. Soon to tower over the corner of 33rd Street and 10th Avenue is 30 Hudson Yards, a whopping 2.6 million square foot building. The project is set to be complete in 2019 and will stand 1,296 feet tall, making it the second tallest office building in New York City. Time Warner Inc. has dibs on 1.5 million square feet of the building, and will house 5,000 of its employees there.

2 World Trade Center

Photo courtesy of World Trade Center

This stunning building will soon call 200 Greenwich St. home. 2 World Trade Center will be the sister building to 1 World Trade Center and will replace the the original Two World Trade Center that was destroyed in the September 11 attacks. Construction is on hold currently, but plans are still intact. The building will be 80 stories tall. A vital piece of Downtown history, the World Trade Center is continuously expanding.

25 Park Row

Photo courtesy of L&M Developments

The Financial District has a new building in the works. The COOKFOX architects designed tower will bring 110 apartments to Downtown and will stand 45 stories tall. Additionally, it holds 55,000 square feet of retail as well. Construction is expected to wrap in 2020, at which time the tower will stand tall at 25 Park Row.

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