125 Greenwich Street is awaiting completion in Manhattan’s Financial District

Next on YIMBY’s Turkey Week update of stalled projects is 125 Greenwich Street, an 88-story skyscraper in the financial district. Designed by Rafael Vinoly and originally developed by Bizzi & Partners, Cindat, New Valley, the Carlton Group and Shvo, the 912-foot building is nearing completion as of late 2019. The tower would contain 273 condominiums, with interiors by March & White and marketing directed by Douglas Elliman. Plaza Construction is the general contractor for the property, located at the corner of Greenwich Street and Thames Street, just downtown from the World Trade Center complex.

125 Greenwich Street. Photo by Michael Young

The skyscraper features a sleek design of curved glass panels surrounding a concrete core on the north and south walls. The curtain wall is largely complete, with only some work on the top and the multi-story podium awaiting completion. The latter section is to be enclosed in darker glass and house several loft units. The construction elevator remains attached to the west facade.

125 Greenwich Street. Photo by Michael Young

125 Greenwich Street. Photo by Michael Young

A few mechanical planes paneled in black divide the bulk of the skyscraper.

125 Greenwich Street in late 2020. Photo by Michael Young.

At the time of its announcement, 125 Greenwich Street was positioned as an inner-city answer to Vinoly’s 432 Park Avenue, which was then the city’s tallest residential building. However, financial setbacks within the development team combined with an unexpected condo market saturation led to the foreclosure of the Financial District project.

125 Greenwich Street in early 2019. Photo by Michael Young

125 Greenwich Street in 2019. Photo by Michael Young

The following photos are from YIMBY’s inspection of the property in early 2019 while work was still in progress. Upper floors offer panoramic city views, including a close-up view of the World Trade Center to the north. Click here to see the full series of photos.

One World Trade Center in early 2019. Photo by Michael Young

The Financial District from the top of 125 Greenwich Street in early 2019. Photo by Michael Young

(left to right) Brooklyn Point, One Clinton Street and 11 Hoyt rise above downtown Brooklyn. Photo by Michael Young

The Woolworth Building in early 2019. Photo by Michael Young

The Statue of Liberty and the crown of 50 West Street in early 2019. Photo by Michael Young

99 Hudson Hudson Street rises above Jersey City in early 2019. Photo by Michael Young

It’s unclear when 125 Greenwich Street will resume work.

Subscribe to to YIMBY daily email

consequences YIMBYgram for real-time photo updates
As YIMBY on Facebook
consequences YIMBY’s Twitter for the latest YIMBYnews

Source