Real Estate Wire: Those in Favor of One WTC’s Design; World’s Tallest Modular Tower Back on Track

By Diane Pham

December 22, 2014

Real Estate Wire: Those in Favor of One WTC’s Design; World’s Tallest Modular Tower Back on Track

Critics may hate One World Trade Center, but the public loves it. [NYP]
The world’s tallest modular tower, the B2, is back on track as Forest City rehires its 150 workers to finish construction. [NY1]
The historic Renaissance Theater and Casino in Harlem is slated for demolition, but preservationists are set on stopping the wrecking ball and the impending “cultural genocide”. [NYT]
Peter Poon will design a new 31-story hotel in the Financial District. [TRD]
Developer Zelig Weiss has secured $81 million in financing for its futuristic Level Hotel development in Williamsburg. [TRD]

Images: One WTC (left); B2 Tower © Field Condition (right)

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$50M penthouse is the last residence available at the Upper East Side’s famed Surrey Hotel

By Aaron Ginsburg

Manhattan's famed Surrey Hotel is making a comeback. Following bankruptcy proceedings, new owners, and a renovation, the 100-year-old Art Deco landmark at 20 East 76th Street on the Upper East Side reopened last month as a condo hotel, with 100 hotel rooms and 14 condos, part of the Surrey Residences. Now, after a whisper sales campaign, just one remaining apartment is about to hit the market: a three-bedroom duplex penthouse asking $50,000,000. The sprawling residence, the building's most expensive, offers 5,195 square feet plus 2,346 square feet across three terraces and a private rooftop.
tour the penthouse