Posted Jun 9, 2016, 12:53 PM
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First Look At 54-Story Tower At 23 Park Row, Financial District
REBECCA BAIRD-REMBA
JUNE 9, 2016
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L+M Development is nearly finished demolishing J&R Music and Computer World’s former flagship at 23-32 Park Row in the Financial District to make way for a 54-story residential tower, and we have the first rendering of the planned skyscraper.
YIMBY stumbled across this image on the website for Primary Capital, which is handling the EB-5 fundraising for this project. The firm pegs the total construction cost at $492 million, and L&M is seeking $49 million in EB-5 funding.
Designed by COOKFOX, the building will reach 691 feet into the air across from City Hall Park. In terms of height, it will rival The Beekman, the 700-foot-tall residential building under construction across the street.
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