Financial District

April 23, 2018

Cortlandt Street subway station, destroyed on 9/11, will reopen this fall

Also damaged in 9/11, the R-line at Cortlandt reopened in 2011; photo via Wikimedia Nearly 17 years after it was severely damaged in the terror attacks on September 11, 2001, and then temporarily shuttered, the Cortlandt Street station is set to open this October. Running on the 1-line, the new station, expected to serve thousands of workers and tourists visiting the site, will boast Ann Hamilton's artwork, featuring words from the United Nation's Universal Declaration of Human Rights and the Declaration of Independence (h/t Daily News). Cortlandt Street station was meant to open in 2014, but funding disputes between the Port Authority and the MTA delayed its completion until this year.
More this way
April 20, 2018

City to move ‘Fearless Girl’ to new home across from New York Stock Exchange

Mayor Bill De Blasio announced today that the “Fearless Girl” statue currently staring down the iconic Wall Street "Charging Bull" will be getting a permanent home in front of the New York Stock Exchange in the Financial District. Since the diminutive statue's temporary installation more than a year ago a day before International Women’s Day, sending a message to Wall Street for the need of gender equality in the financial world, the statue has become a major attraction, drawing millions of tourists and locals.
What about the bull?
April 19, 2018

New looks for 3 World Trade Center ahead of June opening

Less than two weeks ago, developer Silverstein Properties released a pair of renderings of 3 World Trade Center's huge outdoor terrace, not only the first outdoor terrace in the WTC complex but the first and tallest private outdoor terrace in all of Lower Manhattan. Today, a fresh batch of views, these of the 1,079-foot-tall, 80-story building's exterior and interior, also come with a new list of superlatives. Designed by Rogers Stirk Harbour + Partners, 3 WTC will be the fifth tallest building in NYC, the only building in the world with a three-sided cable net wall, and the first building in the world with an annealed glass exterior.
See all the renderings
April 18, 2018

150 years ago, Delmonico’s became the first restaurant to serve women unaccompanied by men

Photo of Delmonico's in 1903; photo via Wikimedia Nearly five decades before women were granted the right to vote in New York State, a group of fed-up ladies decided to protest a symbolic law that prohibited them from dining in restaurants without men present. After journalist Jane Cunningham Croly was barred from entering a dinner held at the New York Press Club, she and a group of women founded Sorosis, the first professional women's club in the United States. On April 20, 1868, Croly and her crew held a luncheon at the historic Delmonico's Restaurant in the Financial District, which became the first to serve women independently of men. Following the groundbreaking meal, clubs for only women formed all over the country.
The full history ahead
April 13, 2018

Where I Work: Architecture firm Woods Bagot shows off their ‘raw’ FiDi studio

6sqft’s series “Where I Work” takes us into the studios, offices, and off-beat workspaces of New Yorkers across the city. In this installment, we’re touring the Financial District offices of architecture firm Woods Bagot, located on the seventh floor of the Continental Bank Building at 30 Broad Street. Want to see your business featured here? Get in touch! Internationally acclaimed architecture firm Woods Bagot opened their first office in 1869 in Adelaide, Australia. 150 years, 15 offices, and 850 staff members later, they've designed projects from a master plan for Perth to a mixed-use tech center in Singapore to a rental tower right here in Brooklyn. After opening their first NYC office a decade ago in Midtown, the rapidly expanding firm decided it was time to design a work space for themselves. So last summer, they moved into a brand new 11,000-square-foot home in Lower Manhattan. The vision of Woods Bagot's head of global workplace interiors, Sarah Kay, and head of global hotels, Wade Little, the studio has done such an impeccable job creating a "raw" feel that guests often think it's the original interior. Using a simple color palette of black and white, along with industrial elements like raw columns, exposed pipes, and cracked, stained concrete floors, they've managed to infuse "New York City grit" into their modern space, complete with virtual reality technology, 3D printing, and, most importantly, an industrial-strength espresso machine. 6sqft recently visited Woods Bagot to see the space in-person and chat with Sarah Kay about how she approached the design, what a typical day in the office is like, and what we can expect to see in the near future from this incredible firm.
Go on the tour
April 10, 2018

First look at 3 World Trade Center’s huge outdoor terrace

Rendering via Silverstein Properties New renderings have been unveiled for an 11,000-square-foot outdoor terrace at 3 World Trade Center, expected to open when the skyscraper does so in June. Designed by Ken Smith Workshop, the space will be fully landscaped and feature a lush garden. As the first outdoor terrace on the World Trade Center campus, 3 WTC tenants will enjoy unbeatable views of 1 WTC and the WTC Transportation Hub. Another perk? A special operator will serve coffee to tenants in a furnished, canopied area on the terrace.
Find out more
April 10, 2018

This $8.5K a month Seaport loft is a real ship house

Pun intended, this open-plan penthouse loft is certainly no slum–it sits atop a genuine restored 1840s ship house at 115 South Street in lower Manhattan's Seaport District. Asking $8,495 a month, the character-filled top-floor space is blessed with 14-foot-high ceilings, exposed timber joists, and whitewashed brick, with stunning views of the harbor and river. It's four flights up, says the listing, but "worth every step."
Take a look around
April 4, 2018

David Adjaye’s first New York skyscraper begins its 800-foot rise in the Financial District

Four months after revealing renderings for his first NYC skyscraper, esteemed British architect David Adjaye is finally seeing the project get off the ground. CityRealty reports that construction at 130 William Street has reached street level, with a red kangaroo crane in the ready to begin its nearly 800-foot-tall rise. The Ghana-born architect, who was knighted by Queen Elizabeth II and named one of TIME’s 2017 most influential people, has said the condo tower was inspired by the historic masonry architecture of the Financial District.
Find out more ahead
March 28, 2018

For $6,500 you can buy your very own ‘Fearless Girl’ statue

It was bound to happen. Two-foot-high replicas of the popular, controversial "Fearless Girl" statue of a young girl standing up to Wall Street’s “Charging Bull” are now for sale, Huffington Post reports. The statue's creator, artist Kristen Visbal, is selling reproductions of the infamous statue for $6,500; the statues will be part of a limited edition with only 1,000 made in total.
How can I get one?
March 20, 2018

$2.7M FiDi penthouse occupies the former attic of one of NYC’s earliest skyscrapers

This full-floor penthouse is located within the former attic of one of New York's early skyscrapers, the Liberty Tower. Built at 55 Liberty Street in 1909 by Chicago architect Henry Ives Cobb, the Gothic Revival-style office building was the tallest in the world when completed. It was home to FDR's law offices and, later, to German spies plotting to prevent American from joining WWI. Architect Joseph Pell Lombardi converted the tower to co-ops in 1979, with the attic unit retaining vaulted ceilings, exposed beams, and 29 windows offering views across the city. It's now listed for $2.695 million.
See it up close
March 8, 2018

Stylish New Yorker Federico de Vera has listed his art-filled Fidi condo for $1.4M

Federico de Vera is known in New York for his eponymous Soho store, a museum-worthy space filled with artifacts that include everything from 18th-century religious figures to Victorian insect samplers, as well as his A-list clients that include Steve Jobs, Hillary Clinton, Anne Hathaway, and Donatella Versace. According to public records, he is the owner of this gorgeous art-filled one-bedroom apartment at the 20 Pine Street condo in the Financial District. After buying it for $1.1 million in 2008, it's been listed for $1.4 million. The high-ceilinged pad, with an open living and dining space, offers the perfect palate for another buyer who wants to fill it with unique decor.
Take the tour
February 21, 2018

30 chances to live in FiDi’s new art-themed rental tower, from $613/month

The Financial District's new 23-story luxury rental tower Exhibit offers what's becoming the usual package of high-end amenities--a wrap-around roof deck, lounge, and fitness studio complete with a yoga room and Pelaton indoor cycles--but what sets the project apart is that it's considered the city's "first curated rental residence." The building at 60 Fulton Street has on display a collection of more than 100 pieces of art, from works by a 5 Pointz graffiti legend to massive photography, which they consider "a dynamic celebration of the downtown art, music, culture, and style that made New York City the capital of the world." Whether or not you buy into the hype, you might have a chance to live in this hip building for a lot less. The lottery is currently open for 30 affordable units ranging from $613/month studios to $2,733/month two-bedrooms, reserved for households earning 40, 60, or 130 percent of the area median income.
Find out if you qualify
February 16, 2018

Plan for a performing arts space at the World Trade Center moves forward

The project to bring a performing arts center to the World Trade Center is finally back on track, almost 15 years after the idea was included in the original vision for rebuilding the area post-9/11. Gov. Andrew Cuomo announced on Thursday an agreement for a 99-year lease between the Port Authority and the World Trade Center Performing Arts Center Inc. (PAC) for $1 per year, paving the way for construction to begin. Named for the billionaire who gifted $75 million to the project, the Ronald O. Perelman Performing Arts Center will include 200,000 square feet of space, three halls and a rehearsal space, a restaurant and a gift shop. If everything moves smoothly, the center could open as soon as the 2020 or 2021 season.
Find out more
February 15, 2018

Fearless Girl and Charging Bull statues might relocate from Wall Street

The temporary bronze sculpture that has attracted millions of tourists and locals could become a permanent fixture in New York City, according to Adweek. Commissioned by State Street Global Advisors, the Fearless Girl statue was installed last March, a day before International Women's Day, sending a message to Wall Street for the need of gender equality in the financial world. With her chin up and hands firmly on her hips, the 250-pound statue defiantly faces the iconic Charging Bull statue, which has stood in the same spot since 1989. And now the city might relocate the pair of statues from Bowling Green Park in lower Manhattan to another, more pedestrian-friendly home to ease safety concerns.
Find out more
February 14, 2018

Six things you didn’t know about the Lower West Side

This post is part of a series by the Historic Districts Council, exploring the groups selected for their Six to Celebrate program, New York’s only targeted citywide list of preservation priorities. The Lower West Side may not be a neighborhood name used by brokers, but for those involved with preservation efforts in the area, it's a neighborhood very much unique from the surrounding Financial District. Encompassing the area west of Broadway from Liberty Street to Battery Place, it was originally home to Irish and German immigrants, followed by Little Syria, the nation’s first and largest Arabic settlement, from roughly the 1880s to 1940s. But the construction of the Brooklyn Battery Tunnel and World Trade Center "nearly wiped the neighborhood off the map." There are still several buildings remaining that serve as a connection to the past, however, and Friends of the Lower West Side is working diligently to make sure this history is not lost, expanding its oral history program, offering walking tours of the area, and appealing to the Landmarks Commission to designate a small historic district.
Find out six little-known facts about this amazing district
February 7, 2018

97 affordable apartments up for grabs at FiDi’s latest glassy skyscraper, from $788/month

A 762-foot skyscraper in the Financial District is now accepting applications for 97 affordable apartments. Developed by Carmel Partners and designed by Gerner Kronick + Valcarcel and SLCE Architects, the residential development at 118 Fulton Street (also known as 19 Dutch Street) contains 483 rental units. The glassy tower will have over 8,000 square feet of retail space on the cellar, first and second levels. Qualifying New Yorkers earning 60 percent of the area median income can apply for units ranging from $788/month studios to $1,025/month two-bedrooms.
Find out if you qualify
December 27, 2017

Construction suspended at the World Trade Center’s St. Nicholas Shrine amid financial woes

Construction company Skanska USA stopped work at the St. Nicholas Greek Orthodox Church this month after the Greek Orthodox Archdiocese of America failed to make payments on the project. The cost of rebuilding the church, which was destroyed in the terror attacks on 9/11 more than sixteen years ago, increased to an estimated $78 million from a 2013 estimate of $20 million. While the archdiocese raised $37 million in donations, it was still unable to pay its bills, prompting an independent investigation of the church's financial mismanagement, as the New York Times reported. Since learning of its deficit, the archdiocese has cut 25 percent of its staff and 25 percent of its expenses. A new treasurer and a chief financial officer have also been hired.
More this way
December 22, 2017

The Urban Lens: How Temple Court went from an abandoned shell to a romantically restored landmark

In 1883, one of NYC's first skyscrapers opened at the corner of Nassau and Beekman Streets. Known as Temple Court, the nine-story red brick and terra cotta structure was designed in the Queen Anne style by architect James M. Farnworth to attract accountants and lawyers who needed to be close to the city's courthouses. Its most impressive feature was its central atrium that rises the full height and is topped by a large pyramid-shaped skylight and two rooftop turrets. In the 1940s, this romantic atrium was walled in from top to bottom, and by 2001, the last commercial tenant moved out, ultimately sending the building into disrepair, a crumbling shell open to the elements. Plans to restore Temple Court into The Beekman hotel and add an adjacent 51-story condominium tower first surfaced in 2008, but before work got underway in 2012, we were granted the rare opportunity to explore the architectural gem in its eerily beautiful derelict state. And now that guests are filling up the 287 hotel rooms, the main floor is buzzing with restaurants from restaurateurs Tom Colicchio and Keith McNally, and the atrium's skylight and Victorian cast iron railings and ornamentation have been restored, we went back in to document how this one-of-a-kind landmark has been restored.
See the before-and-after photos and learn about our experience
December 15, 2017

First official look at David Adjaye’s 800-foot Financial District condo tower

Nearly four years after wrapping up his first NYC project, Harlem's Sugar Hill affordable housing development, renowned British architect David Adjaye is inching closer to completing his first skyscraper in the city. Preliminary plans for his Financial District condo tower surfaced in May, but developer Lightstone has shared the first official reveal of the tower, now known as 130 William. The height has increased from 750 to 800 feet, or 61 to 66 stories, and it will hold 244 residences. Adjaye says the "rich history" of one of "the city's earliest streets" influenced the building's unique concrete form. "I was inspired to craft a building that turns away from the commercial feel of glass and that instead celebrates New York’s heritage of masonry architecture with a distinctive presence in Manhattan’s skyline," he said.
More details and renderings ahead
November 9, 2017

Rafael Viñoly’s 88-story tower at 125 Greenwich Street gets new renderings

Shortly after the launch of condominium sales last month, new renderings of 125 Greenwich Street were released Thursday, revealing its imposing height over neighboring Financial District towers (h/t YIMBY). The proposed 912-foot tall luxury condo designed by Rafael Viñoly Architects, the firm behind staggering 432 Park Avenue, features 273 total units, including 190 studios and one-bedrooms. Upon its completion, 125 Greenwich will have the third-highest apartments in lower Manhattan, after the Four Seasons Private Residences at 30 Park Place and nearly complete 45 Broad Street.
Find out more
October 19, 2017

City officially pitches four neighborhoods for Amazon’s HQ2

Mayor Bill de Blasio and the New York City Economic Development Corporation released their official pitch for Amazon's second headquarters on Wednesday, one day before the deadline. Boasting the city's talented tech workforce, the de Blasio administration has pitched Midtown West, Long Island City, the Brooklyn Tech Triangle (DUMBO, Downtown Brooklyn and the Navy Yard), and Lower Manhattan as the four best spots for Amazon to call home. The tech giant's nationwide competition, announced in September, set out to find their next headquarters, called HQ2. The company promises the headquarters will bring 50,000 new jobs and $5 billion in initial city investment.
Find out more
October 18, 2017

Construction kicks off on Trinity Church’s Pelli Clarke Pelli-designed community center and office tower

One year ago, Trinity Church Wall Street revealed plans for a $300 million mixed-use tower designed by Pelli Clarke Pelli that would link to the historic Neo-Gothic church by a footbridge over Trinity Place. Earlier plans for luxury condos were squashed by the community, so Trinity decided instead to build an office tower and community space that will "allow the church to continue to shape the area and advocate for the community in the future," as the Rector, Rev. Dr. William Lupfer, explained. And it looks like the future is now; according to CityRealty, the Department of Buildings approved plans for the 26-story building and construction is underway.
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October 17, 2017

Beyer Blinder Belle overseeing $50M restoration of FiDi’s iconic Equitable Building

One of New York's best-known office buildings will get a major restoration. According to Curbed, Equitable Building owner Silverstein Properties plans to spend $50 million to return the Financial District building to its former glory, restoring many design elements that were on display when it first opened in 1915. Beyer Blinder Belle will oversee the reno, which includes the restoration of the entrance, a new lighting system with hanging bronze fixtures, a new reception desk, and a granite accent wall. For those unfamiliar with the Equitable Building, it actually played a huge role in the city's current zoning laws. The H-shaped tower, which takes up the entire block on Broadway between Pine and Cedar Streets, caused a scandal when it opened due to the long shadows it cast on nearby streets, leading the city to establish the first-ever zoning laws to regulate the height of future tall buildings.
Read about the restoration details
October 3, 2017

Live in NYC’s highest rental at New York by Gehry for $45K/month

"I designed a building I would want to live in as a New Yorker... you could say this is my love letter to New York City," said starchitect Frank Gehry upon completing his rippling stainless steel rental building at 8 Spruce Street. Officially dubbed New York by Gehry, the 76-story tower is the city's tallest rental building, making its top-floor penthouses the highest rental units in New York. The largest and most expensive, a 3,771-square-foot, five-bedroom spread that occupies its own wing, has just hit the market for $45,000 a month ($40,154 net effective based on the offering of one month free), a unique opportunity to live in the epitome of this romantic notion.
See it all right here
September 29, 2017

INTERVIEW: Architect Lee H. Skolnick on designing New York City’s 9/11 Tribute Museum

This summer, the 9/11 Tribute Museum opened in a brand-new space at 92 Greenwich Street in the Financial District. The 36,000-square-foot gallery became the second iteration of the museum which originally occupied the former Liberty Deli from 2006 until earlier this year. While many are more likely to be familiar with the 9/11 Memorial Museum just a few blocks up the street, the Tribute Museum differs in that rather than focusing on the implications of the tragedy, documenting the events as they unfolded and examining its lasting impact, it assumes a more inspired take, dedicating its exhibits and installations to the stories of the survivors, first responders, relatives of victims, and others with close connections to the tragedy who found hope in the terror and stepped up to help their fellow New Yorkers. Ahead, Lee Skolnick, principal of LHSA+DP and lead architect of the 9/11 Tribute Museum, speaks to 6sqft about the design and programming of this important institution, and how he hopes its message will inspire visitors to do good in their communities during these uncertain times.
read 6sqft's interview with Skolnick here
September 26, 2017

New renderings of Lower Manhattan’s second tallest tower reveal golden Art Deco design

The Financial District’s second supertall located just one block south of the New York Stock Exchange is getting ready for construction. The tower, found at 45 Broad Street, will reach 1,115 feet, feature 66 floors and include about 200 condominiums. As CityRealty discovered, new on-site renderings show a slender structure with an Art Deco style and pointed Gothic architecture. Designed by CetraRuddy, the tower will be the second tallest tower in Downtown Manhattan after 1 WTC, and the architecture firm's tallest tower yet.
See the supertall
September 25, 2017

Radio Row: A tinkerer’s paradise and makerspace, lost to the World Trade Center

Before the internet and before television, there was radio broadcasting. The advent of radio at the turn of the 20th century had major repercussions on the reporting of wars along with its impact on popular culture, so it's not surprising that a business district emerged surrounding the sale and repair of radios in New York City. From 1921 to 1966, a roughly 13-block stretch going north-south from Barclay Street to Liberty Street, and east-west from Church Street to West Street, was a thriving small business stronghold known as Radio Row.
Read more about Radio Row here