Financial District

June 3, 2015

Bjarke Ingels Confirmed to Replace Norman Foster in the Design of 2 World Trade Center

Back in April, word broke that starchitect Bjarke Ingels was in talks to re-design 2 World Trade Center, as News Corp. and 21st Century Fox mulled over a downtown move. Now the Post's Steve Cuozzo reports that the rumors are rapidly closing in on reality as both media companies have signed a non-binding but detailed letter of intent with developer Larry Silverstein to anchor the new 80-plus-story tower that pins Ingels as the architect. The news conglomerate would occupy 1.3 million square feet of the available 2.8 million square feet—a portion significant enough to jumpstart construction of the tower that has been stalled since 2008.
FInd out more here

Architecture And Design

The One World Trade Center Observatory Officially Opens Today!

The view from above. Image via World Trade Center Progress

May 29, 2015

The One World Trade Center Observatory Officially Opens Today!

By Diane Pham

We couldn't have dreamt up a more picturesque day for the opening of One World Trade Center's sky-high observatory. Today visitors will get a new bird's eye view of New York City with panoramic views stretching 50 miles past the Manhattan skyline and the Statue of Liberty from a three-story perch 1,250 feet up in the air.
More details on the experience that awaits you here

Architecture And Design

April 29, 2015

POLL: Will Bjarke Ingels Take Over the Design for 2 World Trade Center?

By Dana Schulz

Earlier this week, we reported that Bjarke Ingels was in talks to take over Norman Foster‘s design of 2 World Trade Center, noting that “if News Corporation and 21st Century Fox decide to move into 2 World Trade Center, as previously reported, developer Larry Silverstein may drop Foster’s design in favor of a new one […]

April 27, 2015

2 World Trade Center May Ditch Norman Foster’s Design for a Bjarke Ingels Skyscraper

By Diane Pham

Norman Foster may lose out on yet another major project in Manhattan. The Journal writes that if News Corporation and 21st Century Fox decide to move into 2 World Trade Center, as previously reported, developer Larry Silverstein may drop Foster's design in favor of a new one by none other than starchitect of the moment, Bjarke Ingels of BIG.
Find out more here

April 24, 2015

Vasily Klyukin’s ‘Top Sexy’ Skyscraper Concept Shows Some Serious Leg

By Diane Pham

Just when you thought skyscraper design couldn't get any more out there, Vasily Klyukin's vision for a FiDi tower blows even the tallest of towers out of the water. Unquestionably a very eye-catching and provocative—if not downright weird—design, Klyukin's "Top Sexy Tower" concept is inspired by the stems of fashion models who can be found stomping across the streets of Manhattan.
Find out more, plus other photos here

Architecture And Design

1 WTC Observatory Elevators Will Give Riders a 515-Year Time-Lapse View of NYC Skyline

The Lower Manhattan skyline in 1796

April 20, 2015

1 WTC Observatory Elevators Will Give Riders a 515-Year Time-Lapse View of NYC Skyline

By Diane Pham

Tourists and die-hard New Yorkers who plan on shelling out $32 to take in the vistas from the One World Trade Center observation deck will also get the unique experience of taking in the city's skyline through the last 515 years. The Times reports that the five elevators servicing the building's 102nd-floor observatory will be equipped with three wrapping, high-tech monitors that will display a time-lapse view of Lower Manhattan as its takes its patrons on a 47-second, 23 mph ride to the top. The screens will project everything from Manhattan's start as a verdant, marshy wonder to its rise as the world's capital in all its sky-scraping glory. But, most notably, the ride will highlight the south WTC tower brought down by terrorists on 9/11.
Watch a video of the experience here

Real Estate Trends

April 15, 2015

In the 1700s NYC Had an Official Location for Buying, Selling, and Renting Slaves

By Diane Pham

Behind all the banks, tall towers and tourists filling up FiDi is a dark past most of us know nothing about. Back in the 1700s, a corner of Wall Street at Pearl Street played host to the city's official slave market. Though no real recognition has been given to those that suffered in the construction of Manhattan in its earliest days—rather, the area's sordid past has for the better part been swept under the rug—WNYC reports that the city will finally pay tribute to these forgotten slaves, adding a historical marker to the site where the slave market once operated.
Find out more about the slave market here

History

April 13, 2015

Norman Foster’s 2 World Trade Center Could Get a Jumpstart Thanks to Rupert Murdoch

By Diane Pham

Norman Foster's 88-story tower, destined for the last unoccupied site of the World Trade Center complex, could finally get the legs it needs to move forward. The New York Times reports that media giants News Corporation and 21st Century Fox, both headed by Rupert Murdoch, are in talks with the Port Authority and developer Larry Silverstein to make the long-stalled 1,349-foot skyscraper their next home. The move would relocate a number of News Corp. and Fox's top brands—which include the NY Post and the Wall Street Journal—and give 2 WTC what it needs to resume construction as required by the Port Authority; namely a solid anchor tenant. Ground was broken on the tower way back in 2008 and slated for completion in 2016, but in 2013 the Port Authority put a hold on construction until tenants could be found for occupancy.
More on the move forward here

April 8, 2015

POLL: Are You Planning to Spend $32 to Visit One World Observatory?

By Dana Schulz

It was big news yesterday that One World Observatory will open to the public on Friday, May 29th. But we can’t help but wonder if New Yorkers are feeling compelled to buy a $32 ticket to go to the viewing platform at 1,250 feet. Maybe it’s your fear of heights or the hefty admission fee that’s keeping […]

Real Estate Trends

April 7, 2015

One World Observatory Opens on Friday, May 29th!

By Dana Schulz

Yesterday, an insider over at Curbed noticed entrance signage for One World Trade Center's observatory. And now, just a day later, it's been officially announced that One World Observatory will open on Friday, May 29. The press release also shares that tickets, which will cost $32 for an adult, will go on sale tomorrow at 10am. The three-floor observation deck will sit 1,250 feet above ground on floors 100, 101, and 102 and cover 125,000 square feet.
More details here

Real Estate Trends

VIDEO: The Fascinating History of the Manhattan Municipal Building

The Manhattan Municipal Building toward the end of construction in 1913, via Shorpy

March 24, 2015

VIDEO: The Fascinating History of the Manhattan Municipal Building

By Dana Schulz

When we think of the city's early skyscrapers, landmarks like the Woolworth Building and Flatiron Building usually come to mind. But there's an equally fascinating and beautiful icon that often gets overlooked–the 1914 Manhattan Municipal Building. One of New York's first skyscrapers, the 580-foot Beaux Arts masterpiece influenced civic construction throughout the country and served as the prototype for Chicago's Wrigley Building and Cleveland's Terminal Tower, among others. A new video from Blueprint NYC (produced by the Office of NYCMedia) takes us into this historic structure, discussing everything from the reason for construction (after the 1898 consolidation of the five boroughs, there was a need for increased governmental office space) to interesting factoids (the building was designed from a rejected sketch of Grand Central Terminal Station) to the turn-of-the-century innovations that made this unique structure possible.
Watch the video

History

March 5, 2015

Petite Greenwich Club Pad with Spunky Decor Asks $1.1M

By Aisha Carter

There’s an adorable unit available in the Greenwich Club for $1.095 million. This one-bedroom wins you over right from the start, simply by putting two closets at the entrance (An apartment after a New Yorker’s own heart.). Too bad we can’t take the spunky décor, but even bare, this place still boasts some highly desirable qualities.
More pics inside

Distinctive Homes

January 19, 2015

VIDEO: Santiago Calatrava Explains the Design of His Ground Zero Church

By Alyssa Alimurung

Back in October, we revealed renderings for Santiago Calatrava’s Ground Zero Church, which will overlook the 9/11 Memorial. Now we have a BBC video that features Calatrava explaining his vision for Saint Nicholas Church. ArchDaily, who spotted the feature, writes that “the building, which broke ground last year, has been described by Calatrava as a ‘tiny jewel’ for lower […]

December 9, 2014

Don’t Forget, One World Trade Was Supposed to Be the Greenest Building in America

By Diane Pham

Since the opening of One World Trade Center just a few weeks ago, the world has been in an uproar over the design and the incredible cost of making New York's tallest tower a reality. But one feature that we all seemed to have forgotten was the promise that the tower would be the greenest building in America. A recent City Lab article looks at what went wrong, and why, in a race to meet contractual obligations to its anchor tenant, Condé Nast, the development dumped a major part of its plans to go green, currently leaving the building in a state of noncompliance.
Find out more here

World Trade Center Transportation Hub Gets Its Final Steel Rafter

Ironworkers attach the “Old Glory” flag to the final Oculus rafter piece before installation

November 26, 2014

World Trade Center Transportation Hub Gets Its Final Steel Rafter

By Dana Schulz

Just weeks after One World Trade Center and the Fulton Center Subway Station opened their doors for business, the last of the 114 steel rafters was installed on Santiago Calatrava's long-overdue, majorly over-budget flying bird-looking transportation hub. This is just one of many steel components in the project; it’s made up of 618 steel pieces which weigh more than 12,000 tons. The rafters were supposed to be completed by August, but though they were three months behind schedule, the hub is still expected to open in late 2015.
Read more here

November 14, 2014

Lindsay Lohan Rents Financial District Apartment

By Annie Doge

LiLo is moving to FiDi. When she wraps up her run of “Speed the Plough” on London's West End, Lindsay Lohan will cross the pond straight to the Financial District, where she's inked a deal on a 700-square-foot apartment at the W New York Downtown at 123 Washington Street, according to the Daily News. The one-bedroom pad was originally listed for $2 million and then as a $5,000/month rental, though there's no confirmed word on exactly what Lindsay, along with her sister Ali, will be paying. But the Lohan girls will have plenty of celeb neighbors, including Kate Upton and Bow Wow.
Take a look inside LiLo's new home

Fulton Center via Grimshaw Architects

November 6, 2014

Fulton Center Subway Station to Open This Monday with Its Impressive Oculus

By Dana Schulz

It's a busy couple of weeks for the Financial District. On Monday, Condé Nast moved in to One World Trade Center, and this coming Monday, November 10th, at 5:00pm, the Fulton Center subway station will finally open. The new station, which connects ten subway lines, was first conceived in 2002 as part of downtown revitalization efforts following 9/11, but also because the station had needed improvements for decades. It was initially supposed to open in 2007, but funding hurdles and escalating costs delayed the progress. More recently, Hurricane Sandy and systems testing problems pushed back the opening further. But the $1.4 billion transit hub is now ready to welcome commuters and dazzle them with its giant 120-foot-tall oculus.
Take an advance look inside Fulton Center

November 5, 2014

POLL: Can One World Trade Center Get to 100% Occupancy?

By Dana Schulz

On Monday, anchor tenant Condé Nast moved into One World Trade Center. It was, of course, a significant day for many reasons, but it left a lot of people wondering if they would feel comfortable working in the 104-story tower. And since the building is currently only 58% leased, we want to know if you think One WTC […]

Real Estate Trends

November 4, 2014

See How Top Architects Build Sculptures from 100,000 Cans of Food to Help the Hungry

By Diane Pham

Food drives and can collections are not uncommon as we approach the holidays. And with Thanksgiving right around the corner, Canstruction is back again for its 22nd year with a brand new exhibit that invites New Yorkers to not only think about food in a whole new way, but to take part in a good cause. This year's event has invited 32 teams made up of NYC's top architecture and engineering design firms to turn 100,000 cans of food into spectacular sculptures at Brookfield Place. To give you a taste of what's to come when the exhibit opens this Thursday, some of last year's participants included big names like Skanska, Perkins Eastman, CetraRuddy, Ennead Architects, Arup, and Dattner Architects. Yes, these are more than just a bunch of stacked cans.
More on the new exhibit

November 3, 2014

Today’s the Day: Condé Nast Moves into One World Trade Center

By Dana Schulz

More than nine years after ground broke at One World Trade Center, the tower's first and largest tenant, Condé Nast, is moving in. Though the media company will not complete its move until January, the relocation actually began last weekend when 2,800 orange crates full of files, photos, and books were carted downtown from the media company's Times Square office. Today, 175 employees will start their days at One WTC, the first wave of the 3,400 employees at 18 magazines. And as the New York Times notes, the scene they're encountering is much different than when construction began nearly a decade ago. As the number of financial institutions has declined, tech firms, advertising agencies, and media companies have made the Financial District their new home, along with a residential population of 61,000.
More on the big move here

October 29, 2014

It Will Cost $32 to Visit One World Trade Center’s Observatory

By Dana Schulz

On Monday we learned that tourism is predicted to bring in one quarter, roughly $53 million, of the One World Trade Center's annual revenue by 2019. And now the much-talked-about ticket price to visit the three-floor observation deck of the tower, known as One World Observatory, has been revealed. It will cost $32 for an adult to visit the observatory when it opens in the spring of 2015.
More details and renderings of the observatory ahead

October 28, 2014

Happy Birthday Lady Liberty! She Turns 128 Today

By Rebecca Paul

Every day Lady Liberty stands tall holding high her torch in celebration of our nation's freedom. Since today is Miss Liberty's 128th birthday, we thought it would only be appropriate to take some time out of our busy schedules to return the favor. Join us for a brief look back at some of Miss Liberty's most notable moments throughout history. Happy birthday Lady Liberty, and here we go!
Fun facts on Miss Liberty here

History

October 27, 2014

It’s Expected That Tourism Will Bring in 25% of One World Trade Center’s Revenue

By Dana Schulz

On Friday, news broke that anchor tenant Condé Nast will begin its big move in to One World Trade Center on November 3rd. And now we've learned that the Port Authority of New York and New Jersey, along with the Durst Organization, is predicting that one quarter, roughly $53 million, of the tower's annual revenue will be generated from tourism by 2019. The three-floor observation deck of the tower, known as One World Observatory, is expected to be visited by about 3.5 million people per year. Legends Hospitality LLC, the developer of the observatory, has not yet revealed what it will cost to visit the site, but it's expected to be on par with the Empire State Building, which received $101 million in 2013 from visits to its observatory (it costs $29 per person), 40% of its annual revenue.
Learn more about this prediction and the state-of-the-art observation deck here

October 24, 2014

Move-In Day at One World Trade Center Set for November 3

By Dana Schulz

Remember those jitters you’d get leading up to college move-in day? We wonder if Condé Nast is feeling that way in anticipation of its big move into One World Trade Center, now set for November 3rd. The tower’s anchor tenant will not make a big to-do of its move, but the Port Authority of New York and […]

October 23, 2014

Accounting for the Strange Faces That Adorn the Woolworth Building (And Other Fun Facts)

By Diane Pham

The 101-year old Woolworth Building has been in the news quite a bit lately, especially since it was first announced that the top 30 floors would be turned into 34 apartments; one of which is a nine-story penthouse is expected to hit the market for a record $110 million. But the Woolworth has long been at the center of New York life with its storied past and lofty 792-foot height. It cost $13.5 million to erect the tower in 1913, and the building was the world's tallest when it first debuted. Though a number—50 to be exact—have surpassed it in height, the Woolworth Building has remained one of the world's most admired for its detailed and compelling ornamentation. Like other prestigious companies of its time, Frank W. Woolworth wanted something unforgettable and the building's architect, Cass Gilbert, certainly delivered. The tower is filled to the brim with mosaics, stained-glass, golden embellishments and of course tons of those carved faces and figures.
See the faces of the Woolworth building

History

October 16, 2014

REVEALED: Renderings for Santiago Calatrava’s Ground Zero Church

By Dana Schulz

Ahead of the groundbreaking this weekend, a new video and renderings have been revealed for Santiago Calatrava's church near Ground Zero, which will overlook the 9/11 Memorial. The new St. Nicholas Greek Orthodox Church will be constructed of white Vermont marble, inspired by a mosaic of the Madonna and Child Enthroned at the Hagia Sophia in Istanbul.
More on the design here

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