Financial District

March 6, 2025

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

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
March 4, 2025

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

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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February 27, 2025

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

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
January 31, 2025

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

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
January 30, 2025

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

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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January 15, 2025

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

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.
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November 25, 2024

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

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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October 30, 2024

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

"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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October 25, 2024

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

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.
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September 23, 2024

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

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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June 4, 2024

City landmarks Victorian atrium at The Beekman Hotel

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.
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May 7, 2024

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

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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April 17, 2024

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

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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April 2, 2024

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

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
February 27, 2024

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

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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February 22, 2024

Westfield sued over plans to ditch Fulton Center

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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February 7, 2024

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

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
February 1, 2024

Play with giant light-up dominos in the Financial District

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.
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December 7, 2023

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

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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November 10, 2023

A festive roller rink is opening inside the Oculus

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
October 19, 2023

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

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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October 12, 2023

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

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.
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August 7, 2023

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

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.
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August 1, 2023

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

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
July 27, 2023

400 units of affordable housing approved for 5 World Trade Center

The 900-foot-tall mixed-use skyscraper planned for 5 World Trade Center will include 400 units of affordable housing, a slight increase from the original proposal. After stalled negotiations, the Public Authorities Control Board on Thursday approved the mixed-use development at 130 Liberty Street, which calls for 1,200 new apartments, one-third of which will be permanently affordable to New Yorkers earning between 40 and 120 percent of the area median income. Plus, 20 percent of the affordable apartments will be offered to individuals who lived or worked in the neighborhood on September 11, including first responders and families of victims. Construction is scheduled to start next year, Gov. Kathy Hochul said.
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July 20, 2023

Historic NYC restaurant Delmonico’s reopening in the Financial District

A New York City culinary icon is reopening its doors this September. Delmonico's, considered one of the country's first fine dining establishments when it opened in 1837, will once again welcome diners at its original location at 56 Beaver Street in the Financial District. Shuttered since the early days of the pandemic in 2020, the restaurant has since been renovated and features an updated menu created by Chef Edward J. Hong.
Get the details