NEW YORK | 50–58 Cliff Street | FT | 24 FLOORS

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Renderings Reveal All-Affordable Housing Tower at 50–58 Cliff Street in Manhattan’s Financial District

Preliminary renderings have been revealed for 50–58 Cliff Street, a planned 24-story all-affordable residential tower on the border of Lower Manhattan’s Financial District and Seaport District. Designed by Dattner Architects and developed in a joint venture between the property owner Trinity Church and Settlement Housing Fund, the structure is slated to yield 120 below-market rental units, with 18 dedicated to formerly homeless individuals. The nearly $70 million project would also include ground-floor social services. The 6,000-square-foot property is located near the corner of Cliff and Fulton Streets.

The above aerial rendering, first seen in a Community Board 1 meeting last month, showcases the new building within the context of the Lower Manhattan neighborhood, showing it rising slightly taller than its neighbors. An earth-toned façade will surround a uniform grid of recessed windows.

The following aerial perspective looks northeast at the building. A multistory podium will span the entire site footprint, followed by the main tower rising in an L-shaped massing, capped with a rectangular bulkhead. The slender northeastern face also appears to include a stack of cutout terraces.

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