Tuesday, January 10, 2017

42-Story Skyscraper Planned Across from City Hall Park

Lower Manhattan will be getting yet another skyscraper. A new 42-story, mixed-use building will soon begin to rise directly across from City Hall Park at 265-267 Broadway.

The project is just one of several developments which will be getting underway this year in Lower Manhattan, including a 25-story tower planned next to Trinity Church, and a 54-story residential tower going up at the former site of J&R Music, at 23-32 Park Row.

The 42-story Gene Kaufman designed tower will soar 510-feet-tall between Warren and Chambers streets, with a hotel on the lower floors and luxury condominium residences above.

An 80-room hotel will take up the first 12 floors, including a lounge, lobby, garden, and offices on the first floor, and a restaurant and kitchen on the second floor.

The next 27 floors will be comprised of 38 full-floor and duplex condominium units. The top three floors will house to a super-pricey, ultra-luxury, triplex penthouse.

Demolition of the existing 5-story office building is expected later this spring, followed immediately by construction for the new 42-story tower.

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