NEW YORK | 75 Nassau Street | 498 FT | 40 FLOORS

[yankeesfan1000]

[JMKeynes]

THis is going to be very nice!

[chris08876]

Credit: JC_Heights

[JMKeynes]

[chris08876]

Demolition Wraps For Tree-Topped Skyscraper At 75 Nassau Street In The Financial District

Five buildings have now been demolished at 75-83 Nassau Street, just a block away from the Fulton Street transportation hub in the center of the Financial District. The activity will make way for Lexin Capital’s proposed 40-story residential skyscraper designed by ODA. New building permits are still awaiting approval, but recent activity on site suggests increasing momentum toward actual construction.

HMWhite is responsible for the landscaping. The tower will receive a green crown in the form of a forest-like rooftop terrace. Native trees and vine curtains will be included on the multi-story rooftop amenities space. Three lounges will be included on the 5th, 22nd, and 25th floors. Tenants will also have access to a fitness center and laundry room, and space for 102 bicycles will be included on site.

An estimated completion date has not yet been announced. If permits are approved soon, completion by 2021 or 2022 could be expected.

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NYY

[chris08876]

Credit: JC_Heights

[chris08876]

Just an update on this parcel, that no work or movement at all has occurred thus far.

Might be in for the long run on this parcel.

But like a Chinese man once said on Canal Street, "Patience is a virtue".

He also said that the "Chinese make better pizza than the Italians", so maybe not to be trusted.

I'm just telling you what the crazy Chinese man said.

[chris08876]

YIMBY Checks In On The Site Of ODA’s Tree-Topped Skyscraper At 75 Nassau Street In The Financial District

75 Nassau Street is designed to yield 190,000 square feet of residential space, which will be divided among 229 units. There will be 39,200 square feet of commercial space on the lower four floors of the tower, including retail on the bottom two levels and office space on the third and fourth stories.

The most noteworthy element of the building’s design is its rooftop landscaping, which will be designed by HM White. A perimeter of tall evergreen trees has featured prominently in early renderings and would give 75 Nassau Street one of the most distinctive parapets in Lower Manhattan. ODA’s characteristically quirky façade, which features a grid of tall and narrow windows and undulating sheared corners, will further distinguish the skyscraper from its glass, stone, and steel neighbors.

The project’s site is one of the few remaining pockets of the neighborhood that hasn’t been fully developed. The completion of this modern residential project will radically transform this section of Nassau Street.

YIMBY last stated that permits for 75 Nassau Street have yet to be approved. Upon possible approval, the new residential tower could be finished as early as 2021 or 2022.

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NYY

[JMKeynes]

I wonder what's going on here. I checked ACRIS, and the same entity still owns it. The market is hot, so one would think that the developer would strike.

[JMKeynes]

The owner filed docs on ACRIS the other day with Bank Of Ozarks, so
Something must be in the works.

https://a836-acris.nyc.gov/DS/Docume...lt?max_rows=50

[Crawford]

Bank of Ozarks is the biggest lender for residential condo projects in NYC. So I assume we're getting a major condo tower.

I'm OK with the ODA design, but IMO this site deserves something considerably taller and more prominent. 700-800 ft. bare minimum.

[JMKeynes]

Originally Posted by Crawford

Bank of Ozarks is the biggest lender for residential condo projects in NYC. So I assume we're getting a major condo tower.

I'm OK with the ODA design, but IMO this site deserves something considerably taller and more prominent. 700-800 ft. bare minimum.

I agree re: Bank of the Ozarks. Their involvement is a good sign.

I love the design. I think that ODA’s work is impressive.

[NYguy]

Originally Posted by Crawford

Bank of Ozarks is the biggest lender for residential condo projects in NYC. So I assume we're getting a major condo tower.

I'm OK with the ODA design, but IMO this site deserves something considerably taller and more prominent. 700-800 ft. bare minimum.

Revive the 1,050 ft 1 New York Place...






https://web.archive.org/web/20150412...-proposed.html

Tall Tower Near Ground Zero Is Proposed


By CHARLES V. BAGLI
November 12, 2002

A developer who has built a dozen residential towers in the relatively safe environs of the East Side now wants to plunge into uncertain waters downtown, with a new 90-story skyscraper that would be the second-tallest building in New York City -- and only a block from ground zero.

Friends of the developer, Trevor Davis, describe him as a visionary for his designs for a building that would be 1,050 feet tall, 4 feet taller than the Chrysler Building, but 200 feet shorter than the Empire State Building, on a block at Broadway and Fulton Street.

Designed by Kohn Pedersen Fox, the $680 million, 1.3-million-square-foot tower would be called 1 New York Place and combine shops on the bottom floors with 679,000 square feet of office space and 68 floors of apartments on top of the offices, on an entire block on Broadway, between Fulton and John Streets.

The Metropolitan Transportation Authority is planning to build a $750 million transit hub in the tunnels below the site, which would link the myriad subway and rail lines that run across Lower Manhattan. If that happens, Mr. Davis said, he could build overhead.

...Finally, there is a question of whether New Yorkers are still willing to pay a premium to live and work high up in the clouds. Richard A. Grasso, chairman of the New York Stock Exchange, abandoned plans for 50-story tower over a new trading complex, out of fear that the 900-foot-tall tower would be a target.

Nathan Z. Dershowitz said lawyers and clerks in his office had become so nervous about being on the 79th floor of the Empire State Building that he had moved his small firm to the third floor of a building on Fifth Avenue. ''There was a real level of discomfort about being up that high and of being a potential target,'' he said.

But as long as there is not another attack, real estate executives said, fears will continue to subside. ''New York is a high-rise city,'' said Mitchell Moss, director of the Urban Research Center at New York University. ''There is no better combination for urban living than being near the streets of Manhattan and close to heaven.''

That article from basically 20 years ago shows how far we have come. Downtown is booming with residential skyscrapers and new WTC towers have risen. There are proposals for taller towers in the area.