NEW YORK | 570 Washington Street | 450 + 400 FT | 36 FLOORS

[ChiND]

I’m astounded by all of these New York City projects. Most Americans regard NY as a poor city that everyone is leaving for North Carolina, Florida, and Texas. I would have never expected to see all of this construction. I hoped to visit Chicago for my high school graduation present next year, but I’m starting to want to visit NY. It seems that it’s very different from what I and everyone I know think. I went there a few years ago for a few days to see the Macy’s parade and I didn’t see all of this prosperity.

[BuildThemTaller]

It's been tough for the poor New Yorkers, that's for sure. But maybe, with some hard work and just a little luck, the locals can figure this thing out and get the city back on its feet.

[HyperPower]

570 Washington Street. Designed by COOKFOX Architects.

From Dec... this is a great accent project that although not a supertall adds to the skyline silhouette particularly from New Jersey

https://newyorkyimby.com/2023/12/foundat...n-street-in-manhattans-west-village.html

At number 25 on our annual construction countdown is 570 Washington Street, a two-tower residential project currently underway along the Hudson River waterfront in Manhattan’s West Village. Designed by COOKFOX Architects with SLCE Architects as the architect of record and developed by Zeckendorf Development, Atlas Capital, and The Baupost Group, the $1.25 billion complex will consist of 29- and 36-story towers rising 400 and 450 feet, respectively, and will yield an undisclosed number of condominium units and commercial space on the lower levels. ACI VI Clarkson LLC is the owner and AECOM Tishman is the general contractor for the project, which occupies a 1.3-acre block bound by Clarkson Street to the north, West Houston Street to the south, Washington Street to the east, and West Street to the west. The developers acquired the property for $340 million in early 2022 and have projected a $1 billion sellout on the homes.

Below-grade work has progressed steadily since our last update in early May, when crews were just beginning to break ground at the site. Recent photos show the entire plot unearthed with the exception of a dirt mound toward the northern end, and the foundation slab has begun formation at the northeast corner. YIMBY expects foundation work to continue throughout the winter followed by the emergence of the superstructure next spring.

[chris08876]

Credit: Michael Young via NYY

[NYguy]

https://nypost.com/2024/07/16/business/n...dential-towers-overlooking-hudson-river/

NYC developer gets nearly $1B loan to build residential towers overlooking Hudson River

By Steve Cuozzo
July 16, 2024

Atlas Capital Group nailed down a $985 million construction loan to build the towers at 570 Washington Street and 80 Clarkson Street, which it’s developing with Zeckendorf Development and Baupost Group, sources told The Post.

The fresh financing — believed to be the largest Manhattan residential-construction loan since before the pandemic — means the full-block project will soon “go vertical” at the Hudson River site between Houston and Clarkson streets.

[chris08876]

Area with two white cranes.




Credit: JC_Heights

[chris08876]

Some action!



Credit: abot

[ChiND]

These towers are going to be great.

The West Side Highway needs a serious road diet or, ideally, to be totally eliminated. I’d like to see, at most, a street car line running across The Deuce (ie., Vision 42) and down the WSH.

[chris08876]

Credit: Alemel

[chris08876]

Credit: JC_Heights

[HyperPower]

https://newyorkyimby.com/2024/12/570-was...tallation-in-west-village-manhattan.html

Construction has topped out on 570 Washington Street, a 17-story residential building on the border of Manhattan’s West Village and Hudson Square neighborhoods. Designed by COOKFOX with SLCE as the architect of record and developed by Jonathan Rose Companies, Atlas Capital Group, The Baupost Group, and Zeckendorf Development, the structure will yield 175 affordable senior apartments with an average scope of 1,065 square feet, as well as 3,300 square feet of ground-floor retail space. The development is rising on the same block as the two-tower 80 Clarkson Street complex and is bound by Clarkson Street to the north, West Houston Street to the south, Washington Street to the east, and 80 Clarkson and West Street to the west.

[HyperPower]

Remember 570 Washington is the senior home.. the two highrise complex across the street @ 80 Clarkson Street in the West Village are the new towers.

https://newyorkyimby.com/2024/10/new-ren...on-street-in-west-village-manhattan.html

Dbox

[chris08876]

Credit: Michael Young via NYY

[Doubleu1117]

[NYguy]

https://www.gettyimages.com/detail/news-...t-80-news-photo/2215747442?adppopup=true

[NYguy]

https://www.wsj.com/real-estate/luxury-h...-condo-market-f3e64d3b?mod=hp_major_pos1

New York’s Wealthiest All Want to Live Downtown Now
Rich buyers are following tech and finance firms to downtown Manhattan, paying tens of millions to live in neighborhoods like Greenwich Village, Tribeca and West Chelsea





By E.B. Solomont
May 20, 2025

Nearly a decade ago, financier Harsh Padia and his wife, Purvi Padia, spent $29.1 million for an apartment in Manhattan’s West Village, paying top dollar for a duplex at the 150 Charles Street condominium. In March of this year, they sold the unit for $60 million, more than twice what they paid and a record figure for downtown Manhattan.

The buyer’s identity was telling: He works at Jane Street Capital, a quant trading firm that recently expanded its headquarters at nearby 250 Vesey Street in Battery Park City, according to people familiar with the deal.

A seismic shift is taking place in downtown Manhattan. Traditionally, the city’s most expensive real estate has been uptown, on Billionaires’ Row, Central Park West and the Upper East Side. But with a spate of big-ticket sales and listings below 14th Street, downtown prices are starting to rival the city’s most expensive uptown enclaves. As finance and tech firms have migrated downtown—alongside new retail, parks, and cultural institutions—a new wave of luxury condo development along the West Side Highway is luring wealthy buyers to neighborhoods like the West Village, Tribeca and Chelsea.

“There’s a whole bunch of very wealthy people working in the vicinity, meaning they often want to live in the vicinity,” said real-estate agent Clayton Orrigo of Compass. “They’re buying up the West Side Highway.”

In February, a penthouse at 67 Vestry Street in Tribeca sold for $41.4 million, while a unit at West Chelsea’s One High Line sold last year for $49 million. A penthouse at 150 Charles tied to former Credit Suisse executive Robert Shafir sold for $52 million in 2023; Shafir had paid $29.38 million in 2016.

Asking prices have also shot up. At Aurora Capital’s under-construction condominium 140 Jane Street in the West Village, a penthouse is on the market for $87.5 million and three units have gone into contract for more than $40 million since sales launched last year. In the West Village, Zeckendorf Development is building 80 Clarkson, where a full-floor residence is asking $75 million. A garage-to-condo conversion at 125 Perry has a $57.5 penthouse in contract. In West Chelsea, former Howard Hughes Corp. CEO David Weinreb has listed his 551 West 21st Street penthouse for $75 million.

Demand for the area’s many historic brownstones is strong—a $72.5 million Greenwich Village townhouse sold in 2024—but few renovated houses are available. Meanwhile, wealthy buyers are clamoring to buy large units in newer condo buildings, agents said, but inventory is limited. There are few development sites left and new buildings face height restrictions in historic areas, so many of the new condos downtown are boutique buildings with fewer units than those on Billionaires’ Row.

“There’s just a backlog of buyers that haven’t been able to buy ultraluxury apartments downtown,” said Peter Zaitzeff of real-estate brokerage Serhant, who listed the Padias’ unit.

With 112 units, 80 Clarkson is one of the largest of the new projects. The building, located adjacent to Google’s new outpost at St. John’s Terminal, was initially priced from $6.755 million for a two-bedroom unit to $63 million for a five-bedroom. Since February, the developer has raised prices four times, and the $75 million residence—which will measure about 7,368 square feet with five bedrooms—was released in May. Amenities include a private restaurant, pool and library. Residents also have the option of buying private wine cellars. The cost? Up to $1 million each.

[chris08876]

Credit: FC

[chris08876]

Credit: chihoboken

[ChiND]

Great photo, Chris.

[mrnyc]

yup really going at it —

yesterday —