NEW YORK | 250 Water Street | 2 x 470 FT | 38 FLOORS

[NYguy]

https://www.amny.com/real-estate/fin...be-determined/

Final height of mixed-income building in Seaport development has yet to be determined

by Emily Davenport

Renderings were released for the New Market building in Lower Manhattan’s South Street Seaport, however the companies responsible for the construction say that they were released prematurely.

On May 4, New York YIMBY announced that they had obtained renderings for a supertall mixed-income building at 250 Water Street in Manhattan’s South Street Seaport. However, according to Howard Hughes Corporation and Skidmore, Owings & Merrill (SOM) – the companies behind the project’s construction – the renderings and information that YIMBY published were released by a former employee of SOM.

“We believe that the images published today on New York YIMBY represent work samples that a former SOM employee sent out, without authorization, as part of his portfolio to demonstrate his individual effort on the project at 250 Water Street,” said SOM in a statement. “They do not in any way represent the range of studies currently being undertaken by the firm for this project, nor do they illustrate our most current thinking. We regret that these images were taken out of context in this way and look forward to our continued study of this site, and to sharing designs at the appropriate time.”

In the YIMBY report, they stated that the mixed-income project at 250 Water Street rise 89 stories with 1,038,950 square feet divided between commercial, hotel, and residential components. However, according to officials from Howard Hughes, a final height cannot be given at this time due to development components.

Because the final height is not yet known, Howard Hughes Corp. and SOM have come up with four different potential tower layouts for the tower, the final version of which has yet to be determined.

“The renderings featured in the May 4 New York YIMBY story pulled from internal conceptual studies were leaked by a former SOM employee, are outdated and do not depict designs under consideration for 250 Water Street,” said Howard Hughes Corp. in a statement. “As we recently outlined during our community stakeholder planning process, we are considering several configurations for a mixed-income project at 250 Water Street, and no designs have been finalized. As part of this transparent workshop process, we showed a range of several massing scenarios including a single point tower that would use all available air rights within the Seaport district. We continue to work with local elected officials and stakeholders as we explore configurations for this potential project and craft a comprehensive planning framework for the broader Seaport area.”