250 Water Street

The Landmarks Preservation Commission on Tuesday voted to approve plans for a debated mixed-use project and a new museum in the South Street Seaport. The Howard Hughes Corporation presented a revised proposal for 250 Water Street that includes one 324-foot tower to be built on a parking lot instead of the two 470-foot structures originally proposed in January. The project also involves constructing a new building for the South Street Seaport Museum at 89 South Street.
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Plans to construct two 470-foot towers and expand a museum in the historic South Street Seaport neighborhood were met with mixed feedback during a public Landmarks Preservation Commission hearing on Tuesday. The Howard Hughes Corporation presented a proposal for a $1.4 billion mixed-use project consisting of rentals, condos, and office space at 250 Water Street, as well as a new building for the South Street Seaport Museum at 89 South Street. While those in favor of the project say it will bring much-needed affordable housing to a neighborhood that has almost none and help the museum stay open, opponents claim the project is out of scale with the rest of the district. New renderings of the proposed expanded museum show plans for a copper-clad exterior, flexible gallery space, an outdoor terrace, and a connection to the historic structure.
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