Financial District

Banksy mural rescued from a Red Hook warehouse wall on view at Brookfield Place

Courtesy of Guernsey’s

April 22, 2025

Banksy mural rescued from a Red Hook warehouse wall on view at Brookfield Place

By Michelle Cohen

In a decade-long story with elusive British graffiti artist Banksy at its heart, an upcoming Guernsey's auction on May 21 will bring a 7,500-pound chunk of a Red Hook, Brooklyn warehouse to The Winter Garden at Brookfield Place. An outer wall of the warehouse in question was the site of a warehouse-wall-sized work created by Banksy in 2013, titled "Battle to Survive a Broken Heart," consisting of a bandaged red heart-shaped balloon. The painting bears the distinction of being the only one of his works that the artist has gone back to retouch after its completion.
Intrigued? Read on.

Events & Things To Do

Printemps opens in NYC, bringing French flair and fashion to Wall Street

The Red Room. All photos courtesy of Gieves Anderson for Printemps New York

March 20, 2025

Printemps opens in NYC, bringing French flair and fashion to Wall Street

By Devin Gannon

Parisian retailer Printemps opened its first United States concept in New York City this week. The 160-year-old French store has taken over two floors of One Wall Street, a 50-story Art Deco tower in the Financial District that is now home to over 500 luxury apartments. Designed by architect Laura Gonzalez, the 55,000-square-foot concept is made to feel like a whimsical interpretation of a Parisian apartment, with five food and beverage experiences, beauty and treatment rooms, clothing repair, and more, bringing together retail, dining, hospitality, and culture under one roof.
see it here

Lottery opens for 330 apartments at huge office-to-residential conversion in FiDi, from $932/month

Rendering courtesy of Streetsense

March 6, 2025

Lottery opens for 330 apartments at huge office-to-residential conversion in FiDi, from $932/month

By Aaron Ginsburg

Here's your chance to live in the nation's largest office-to-residential conversion in the Financial District. A housing lottery launched this week for 330 affordable apartments at 25 Water Street, a former 1960s office tower once home to JPMorgan Chase and the Daily News that now holds 1,320 luxury apartments. New Yorkers earning 40, 80, and 90 percent of the area median income can apply for the units, priced from $932/month studios to $3,286/month three bedrooms.
Find out if you qualify

Fraunces Tavern exhibit will explore revolutionary history to mark 250th anniversary of United States

Credit: Carl Mikoy on Flickr

March 4, 2025

Fraunces Tavern exhibit will explore revolutionary history to mark 250th anniversary of United States

By Aaron Ginsburg

A New York City bar that had a role in the Revolutionary War is celebrating the 250th anniversary of the United States with a special exhibition. This spring, the Fraunces Tavern Museum will open "Path to Liberty: The Emergence of a Nation," a chronological, multi-year installation exploring the historic events that took place at the tavern and in New York throughout the American Revolution. Opening on April 22, the exhibit will also showcase the tavern’s role in history, from hosting the Sons of Liberty to serving as the site of trials that led to the emancipation of thousands of Black Loyalists.
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A fish sculpture by Frank Gehry now hangs in the lobby of 3 World Trade Center

All photos courtesy of Spencer Lasky

February 27, 2025

A fish sculpture by Frank Gehry now hangs in the lobby of 3 World Trade Center

By Devin Gannon

A new sculpture by famed modernist architect Frank Gehry is now on display in New York City. Silverstein Properties on Thursday unveiled "Untitled (Fish on Fire, Greenwich Street) 2024," a 20-foot by 7-foot copper fish sculpture suspended in the lobby of 3 World Trade Center. Gehry, known for his creative use of materials and innovative designs found around the world, has used the fish as a motif in his work since the 1980s. The new sculpture is the "largest suspended fish sculpture ever created" by the architect, according to Silverstein.
details here

Events & Things To Do

The highest private pool in NYC unveiled at Rafael Viñoly’s 88-story FiDi condo

All photos courtesy of Evan Joseph unless otherwise noted

January 31, 2025

The highest private pool in NYC unveiled at Rafael Viñoly’s 88-story FiDi condo

By Aaron Ginsburg

Care for a sky-high swim? The highest private pool in New York City is now complete at a new 88-story condo tower in the Financial District. The Greenwich by Rafael Viñoly this week unveiled "The 88," a stunning amenities suite occupying the building's 86th, 87th, and 88th floors, considered the highest condo perk package in the city. Designed by acclaimed firm MAWD, the exclusive space offers residents a private members club experience, featuring wellness, entertainment, and fitness areas, including a 50-foot indoor lap pool, all complemented by luxurious furnishings from Molteni&C, Poltrona Frau, Boffi DePadova, and Poliform.
Luxury in the sky, ahead

Nation’s largest office-to-residential conversion starts leasing for 1,300 apartments in FiDi

All renderings courtesy of Streetsense

January 30, 2025

Nation’s largest office-to-residential conversion starts leasing for 1,300 apartments in FiDi

By Devin Gannon

The largest office-to-residential conversion in the country officially began leasing in the Financial District. The former 1960s office tower at 25 Water Street, once home to JPMorgan Chase and the New York Daily News, is now a luxury apartment building with 1,320 homes and 100,000 square feet of amenities, following a two-year redevelopment designed by CetraRuddy. Dubbed "SoMA," for its location in "South Manhattan," according to a press release, the rental is the first to take advantage of the 467-m tax break, a new incentive for converting offices to residential space.
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Financial District condo One Park Row launches sales, from $850K

Renderings courtesy of SERHANT. unless otherwise noted.

January 15, 2025

Financial District condo One Park Row launches sales, from $850K

By Aaron Ginsburg

Sales launched this week at a new luxury residential development at the intersection of Tribeca and the Financial District. Developed by Circle F Capital and designed by Fogarty Finger, One Park Row is a 23-story mixed-use building offering 58 condos ranging from studios to three-bedroom apartments, with stunning views and a prime location across from City Hall Park and only blocks from the World Trade Center. Pricing starts at $850,000 for a studio.
find out more

New Developments

Make a wish at a new public art installation in the Financial District

All photos courtesy of Juliet Mueller

November 25, 2024

Make a wish at a new public art installation in the Financial District

By Aaron Ginsburg

A new public art installation shines bright in the Financial District. Created by design studio Hou de Sousa, "Star Light Star Bright" draws inspiration from the cultural tradition of wish trees, where people attach wishes in writing, artwork, ribbons, and cloth, hoping they come true. Located at the plaza in front of 140 Broadway, the immersive installation invites New Yorkers to tie colorful "wish ribbons" to the chain links, growing into a Chia Pet-esque artwork full of hopes and dreams.
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Architecture And Design

‘Canstruction’ returns: NYC’s large-scale can sculpture contest kicks off in FiDi

All photos courtesy of Heidi Lee

October 30, 2024

‘Canstruction’ returns: NYC’s large-scale can sculpture contest kicks off in FiDi

By Aaron Ginsburg

"Canstruction," the beloved annual competition challenging teams of architects, engineers, and contractors to create intricate sculptures from cans, is returning for another year. As part of the contest, participants create large-scale structures using unopened food cans, all of which are donated to City Harvest, New York City's largest food rescue organization, and distributed to food pantries afterward. Hosted at Brookfield Place, the event is free and open to the public, running from October 31 through November 11.
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Events & Things To Do

World Trade Center to host free viewing parties for Yankees Dodgers World Series

Babe Ruth batting in an exhibition game between the Yankees and the Brooklyn Dodgers, April 1934. Image via WikiCommons

October 25, 2024

World Trade Center to host free viewing parties for Yankees Dodgers World Series

By Aaron Ginsburg

In partnership with Major League Baseball, the World Trade Center will host free viewing parties of the 2024 World Series as the New York Yankees face the Los Angeles Dodgers. Kicking off Friday for game one, the Port Authority of New York and New Jersey will show the games on a massive screen at the North Oculus Plaza on the World Trade Center campus. Attendees can enjoy food and beverages from the nearby Oculus Beer Garden, as well as offerings from Westfield World Trade Center shops and restaurants.
Learn more

Events & Things To Do

Former FiDi office tower launches leasing for luxury rentals, from $4,100/month

Renderings courtesy of Streetsense

September 23, 2024

Former FiDi office tower launches leasing for luxury rentals, from $4,100/month

By Aaron Ginsburg

A former Financial District office building turned luxury rental tower officially launched leasing this week. Reimagined by CetraRuddy, the 36-story building at 55 Broad Street, once the headquarters for Goldman Sachs, is now home to 571 new apartments and 25,000 square feet of amenities, including a rooftop pool. Pricing for the studio to three-bedroom apartments starts at $4,100/month.
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City landmarks Victorian atrium at The Beekman Hotel

Photo by James and Karla Murray exclusively for 6sqft

June 4, 2024

City landmarks Victorian atrium at The Beekman Hotel

By Devin Gannon

The nine-story Victorian atrium at the Beekman Hotel is now a New York City landmark. The Landmarks Preservation Commission on Tuesday voted to designate the central atrium at 5 Beekman Street in the Financial District as an interior landmark, recognizing both its stunning architecture and the restoration project that returned the space to its 19th-century glory. Built as part of the commercial building Temple Court, and now the centerpiece for the converted Beekman Hotel, the space consists of eight tiers of galleries topped by a pyramid-shaped skylight.
Details this way

NYC breaks ground on $200M project to rebuild and elevate The Battery

Image courtesy of Michael Appleton/Mayoral Photography Office on Flickr

May 7, 2024

NYC breaks ground on $200M project to rebuild and elevate The Battery

By Aaron Ginsburg

New York City officials this week broke ground on an ambitious project to defend Lower Manhattan from climate change. Mayor Eric Adams on Monday announced the start of work on the city-funded Battery Coastal Resilience Project, a $200 million plan to rebuild and raise the wharf promenade in The Battery, part of a larger effort to protect Lower Manhattan from sea level rise and storm surge. Slated for completion in 2026, the project will protect 100,000 residents, 300,000 jobs, and 12,000 businesses in the area, according to the city.
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Landmarks approves rest hub for NYC delivery workers next to City Hall Park

Renderings courtesy of Fantastica Brooklyn

April 17, 2024

Landmarks approves rest hub for NYC delivery workers next to City Hall Park

By Aaron Ginsburg

New York City delivery workers will soon seek respite at a new "deliverista hub" in City Hall Park. The Landmarks Preservation Commission (LPC) on Tuesday voted to approve designs for a new hub that will give workers a place to rest during bad weather, charge their phones and e-bikes, and learn about e-bike and battery safety. Central to many delivery routes, the new structure replaces a vacant newsstand on the western edge of the park.
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A diplomat’s lofty home in a historic FiDi co-op asks $2.9M

Photo credit: Anastassios Mentis for Brown Harris Stevens

April 2, 2024

A diplomat’s lofty home in a historic FiDi co-op asks $2.9M

By Michelle Cohen

John Berry, the former Ambassador to Australia under President Obama, has just listed his renovated FiDi co-op at 145 Nassau Street for $2,895,000. Located in the landmarked cast-iron, terra cotta, and red brick Potter Building, constructed in 1886 near City Hall (then known as Newspaper Row), this one-bedroom-plus-mezzanine apartment combines downtown loft living with the opulence of the city's grandest residences.
Tour the quintessential downtown manhattan home

Distinctive Homes

Stunning nine-story atrium at The Beekman Hotel is up for landmark status

Photo by James and Karla Murray exclusively for 6sqft

February 27, 2024

Stunning nine-story atrium at The Beekman Hotel is up for landmark status

By Devin Gannon

Once part of New York City architectural lore, the nine-story Victorian atrium at The Beekman Hotel may soon be formally recognized. The Landmarks Preservation Commission on Tuesday voted to calendar the central atrium of 5 Beekman Street for consideration as an interior landmark. Built as part of the 19th-century commercial building Temple Court, the space consists of eight tiers of galleries topped by a cast-iron pyramid-shaped skylight. For decades, the atrium was walled in and off-limits to the public, until work began in 2014 to restore and transform the historic building into a hotel. Now a decade after the project began, the stunning atrium, restored to its former glory and the centerpiece of the luxury Beekman Hotel, is up for landmark status.
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Westfield sued over plans to ditch Fulton Center

Image courtesy of Lerone Pieters on Unsplash

February 22, 2024

Westfield sued over plans to ditch Fulton Center

By Aaron Ginsburg

A plan from the Westfield Corporation to exit its 20-year retail lease at Fulton Center early is being met with a lawsuit from the New York City Transit Authority. As first reported by Bloomberg, the NYCTA sued Westfield after the mall operator announced it wanted to terminate its lease 10 years in. The suit, which aims to keep Westfield as the mall's operator, claims the transit agency would suffer major financial losses that could impact commuters if Westfield pulled out of the lease.
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A millwork-wrapped co-op in FiDi’s iconic Morse Building asks $2.25M

Photos courtesy of DD Reps for The Corcoran Group

February 7, 2024

A millwork-wrapped co-op in FiDi’s iconic Morse Building asks $2.25M

By Devin Gannon

This co-op in the Financial District offers a designer-crafted residence at a historic address. On a high floor within the 19th-century landmarked Morse Building, the home was designed by architect David Hotson, known for his work on the SkyHouse penthouse at 150 Nassau Street and the Pinnacle of the Woolworth Building. On a slightly smaller scale than those projects but sophisticated nonetheless, the available two-bedroom home, asking $2,250,000, is wrapped in white oak millwork and features two clever lofted spaces.
details here

Distinctive Homes

Play with giant light-up dominos in the Financial District

All photos courtesy of Jason DeCrow/AP Images for Alliance for Downtown New York

February 1, 2024

Play with giant light-up dominos in the Financial District

By Aaron Ginsburg

A new interactive public art installation in the Financial District is injecting vibrant color and sound into New York City's dreary winter. Created by Montreal-based design studio Ingrid Ingrid, "Domino Effect" features 120 giant dominos scattered across 12 tables in Fosun Plaza, with each domino giving off a unique sound and color. Presented by the Downtown Alliance in partnership with Quartier des Spectacles International, the installation is on view at Fosun Plaza in front of 28 Liberty Street through March 6.
get the details

Events & Things To Do

Leasing launches at Pearl House in the Seaport, NYC’s largest office-to-rental conversion

All renderings courtesy of Williams New York

December 7, 2023

Leasing launches at Pearl House in the Seaport, NYC’s largest office-to-rental conversion

By Aaron Ginsburg

Leasing has launched at New York City's largest office-to-rental conversion to date. Developed by Vanbarton Group and designed by Gensler, Pearl House at 160 Water Street in the Seaport District includes 588 luxury apartments and three levels of resort-style amenities at what was a 1970s-era office building. Pricing starts at $3,500 for studios, $4,700 for one-bedrooms, and $6,400 for two-bedrooms, according to Bloomberg.
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A festive roller rink is opening inside the Oculus

All photos courtesy of the Oculus

November 10, 2023

A festive roller rink is opening inside the Oculus

By Aaron Ginsburg

A roller rink is opening inside the World Trade Center's Oculus this month. "Winter Whirl" invites skaters of all ages to skate inside the Lower Manhattan shopping mall and underneath the architecturally stunning skylight designed by Santiago Calatrava. The rink will open for the season on Friday, November 24, and operate through late January.
go for a winter whirl

Events & Things To Do

The best bar in North America is on the Lower East Side

Double Chicken Please, image courtesy of World’s 50 Best Bars

October 19, 2023

The best bar in North America is on the Lower East Side

By Aaron Ginsburg

The best bar in North America is in New York City. The annual list of the world's 50 best bars was unveiled this week and the Lower East Side's Double Chicken Please took second place, making it the best bar on this continent. Two other Manhattan bars made the list: Overstory in the Financial District at 17 and and Katana Kitten in Greenwich Village at 27.
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Three major public art installations explore sustainability, social justice as part of NYC’s annual Design Pavilion

All images courtesy of Jennifer Trahan unless otherwise noted

October 12, 2023

Three major public art installations explore sustainability, social justice as part of NYC’s annual Design Pavilion

By Aaron Ginsburg

Three new massive public art installations have been unveiled in Manhattan as part of NYCxDESIGN's annual public design exhibition Design Pavilion and the monthlong Archtober festival. The three thought-provoking artworks center around themes of social justice and sustainability. The installations, on view at One World Trade Center and Gansevoort Plaza, are open and free to the public through October 18.
details this way

Events & Things To Do

Manhattan BP proposes razing part of FDR Drive and replacing it with green space

Photo courtesy of Mark Levine on Flickr

September 25, 2023

Manhattan BP proposes razing part of FDR Drive and replacing it with green space

By Aaron Ginsburg

Manhattan Borough President Mark Levine has a plan to revitalize Lower Manhattan's waterfront by tearing down part of FDR Drive. Levine last week unveiled a plan to remove a raised section of the highway between the Brooklyn Bridge and the Battery Park Underpass and replace it with green space and bike lanes.
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Policy

Once listed for $110M, Woolworth Building penthouse sells for $30M

Photo credit: Chris Coe, Optimist Consulting

August 7, 2023

Once listed for $110M, Woolworth Building penthouse sells for $30M

By Aaron Ginsburg

Six years and an $80 million price cut later, one of New York City's most iconic penthouse properties has found a buyer. The Woolworth Building's seven-story penthouse has sold for $30 million, not even a third of the original $110 million asking price. According to the Wall Street Journal, Scott Lynn, chief executive of Masterworks, an online art-investment service, is the buyer. After hitting the market for the jaw-dropping price in 2017, the penthouse, known as the Pinnacle, saw several price chops in recent years and was last publicly listed for $59 million, according to CityRealty.
Get the details

Real Estate Trends

See plan to convert FiDi office tower 55 Broad into 571 market-rate apartments

Image courtesy of Joe Woolhead

August 1, 2023

See plan to convert FiDi office tower 55 Broad into 571 market-rate apartments

By Aaron Ginsburg

The plan to convert the Financial District office tower at 55 Broad Street into apartments is finally moving forward, with a closed deal and the release of new renderings this week. Silverstein Properties and Metro Loft Management on Monday announced they bought the tower for $172.5 million with plans to turn the 30-story office tower into a residential building with 571 market-rate apartments; upon completion, it will be one of New York City's largest office-to-residential conversions ever. Construction is expected to start in August and take roughly two years.
See more here

Real Estate Trends

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222 LES Tower + Lofts

222 East Broadway

Lower East Side

Art Deco romance meets 21st-century convenience

Studios starting at $799,000
1 bed starting at $1,100,000
2 beds starting at $1,955,000
3 beds starting at $2,875,000