NEW YORK | 8 Carlisle (111 Washington) | 820 FT | 64 FLOORS

[Drcastro]

Originally Posted by Raysiri

Of course I know what it means. Someone who lives near or next door. Although buildings are not living, I’m just saying.

Yes, near or next door. This building is nowhere near 400 5th Ave.

[NYguy]

https://www.otdowntown.com/news/new-...ends-BH2458254

New 50-Story Affordable Housing Tower to Rise After Brownfield Cleanup Ends
A Miami real estate developer paid $89 million for the lot and plans to erect a 50 story affordable housing tower on the financial district site near the WTC–but first needs to clear the brownfield site of pollutants left behind by past commercial occupants. That work is just getting underway.






KAY BONTEMPO
29 MAR 2023

A new 50-story, 400-unit affordable housing development is a step closer to reality now that the cleanup of a brownfield site has begun with plans to wrap it up before the end of the year.

The contaminated brownfield site of the former Kasser Scrap Metal and Rector Cleaners is finally being cleaned up. The location at 111-121 Washington Street, (a.k.a. 8 Carlisle Street), is located two blocks north of the World Trade Center and comprises a 11,255-square-foot vacant lot (just over a quarter-acre.) The developer Carlisle New York Apartments, LLC, purchased the lot in 2021 for $89 million from the Ohebshalom family, which was involved in a bitter family feud pitting father against son that ultimately was resolved with the son buying out the father’s stake.

The Miami-based developer plans to start construction on the quarter acre plot once the cleanup is completed, expected in seven to eight months.

“The development, Link Apartments 8 Carlisle, is proposed to be approximately 50 stories with 400 units and 22,000 square feet of ground floor retail,” a spokesman for Carlisle told Our Town Downton. “We plan to pursue the Affordable New York Housing Program for the development.”

Between 1894 and 1950, residential and commercial buildings five stories or less tall occupied the space. In 1977, these were replaced with a six-story car garage.

In 2010, this garage was demolished, at which point the site was utilized for “the storage of metal containers, miscellaneous materials, and equipment.” In 2012, the Port Authority used it as a maintenance support yard for the World Trade Center. Until 2013, it housed stacked container boxes and construction waste. Since then, it has been vacant.

Petroleum-related volatile organic compounds (VOCs) and semi-volatile organic compounds (SVOCs) were found in the soil and groundwater in the lot which exceed water quality standards. The NYS Department of Environmental Conservation said that the contamination stems from a petroleum spill which occurred on November 12, 2021 in the lot, “related to a 3,000-gallon underground storage tank.”

“Brownfields” such as this one are properties the state has identified as being contaminated. The Brownfield Cleanup Program encourages the voluntary cleanup of such properties to allow them to be repurposed, whether it be for housing, industry, or any other use. A brownfield site is defined by the state as “any real property where a contaminant is present at levels exceeding the SCOs or other health-based or environmental standards, criteria or guidance adopted by NYSDEC...”

The DEC and DOH have determined that levels at the site do not pose a significant threat to public health. Cleanup that began in March will last about 7 months.

[NYguy]

Looks like Handel Architects is on this. The latest filing (March 10) shows 64 floors, 712 ft, with a pool and deck on the 63rd floors....

[NYguy]

An old rendering still up on site...



https://pinkstonecapital.com/project/111-washington/

111 Washington Street is located at the corner of Washington and Carlisle Streets in NYC’s Financial District, just two blocks south of the World Trade Center.

Pink Stone sourced the potential opportunity and leveraged its long-standing relationship with NYCB to purchase the ~$50 million note at the property, which previously housed a small parking garage. Pink Stone eventually acquired ownership of the property via navigating a deed-in-lieu of foreclosure transaction with the previous owner and NYCB.

In connection with the acquisition, Pink Stone also negotiated and executed a Zoning Lot Development Agreement with the owners’ lots adjacent to the property. Paving the way for an as-of-right development opportunity encompassing a maximum buildable zoning floor area (“ZFA”) of 340,526 for a Commercial/Mixed-Use building or 320,472 ZFA for an entirely residential building.

Pink Stone subsequently retained a best-in-class team of development professionals – including Handel Architects, Nancy Packes Inc., Cosentini Associates, JAMS, and others – to assist in successfully preparing plans, liaising with government officials, and secure approvals for a tax abatement under NYC’s 421-a program.

In August of 2021, Pink Stone contributed the property at an all-in purchase price of more than $90 million to a joint venture between Pink Stone and Grubb Properties. The Grubb Properties / Pink Stone venture is currently preparing to break ground on a 60+ story rental tower, which will re-shape the downtown skyline and help revitalize NYC’s Financial District to deliver desperately needed affordable rental units.

[SkyHigher]

https://newyorkyimby.com/2023/06/ear...manhattan.html



Redesign? Hoping not another blue box.

[Zapatan]

Redesign? Hoping not another blue box.

+1, will be nice to have another 700+ footer in that area though, hopefully this is a good omen for 5 and 2 WTC.

Downtown seems to have bad luck recently. I think there are two stalled near 700 footers.

[colemonkee]

Wow, crazy to think this has been on the development books for 14 years. Those renderings are from 2009.

[chris08876]

Developer Secures $48M Loan For 64-Story Skyscraper At 111 Washington Street In The Financial District

Grubb Properties has closed on an $48 million loan to construct a residential skyscraper at 111 Washington Street in Manhattan’s Financial District. The development was originally addressed as 8 Carlisle Street and was expected to top out at 50 stories. Updated plans specify a 64-story tower with more than 326,000 square feet of interior space.

When complete, the building will contain a ground-floor retail tenant, up to 460 rental apartments, and a collection of lifestyle-oriented amenity spaces. The latter will include a fitness center, a pool, a rooftop terrace with outdoor entertainment space, and a tenants’ lounge.

Additional services include a full-time doorman, a live-in superintendent, and bike storage.

The main rendering from the construction board only depicts the northern corner of the podium. The structure is shown with series of stepped cantilevers that rises up to cover the corner entrance to the double-height lobby, with a curtain wall composed of floor-to-ceiling glass and light-colored mullions. A landscaped terrace sits atop the fourth-floor setback along Washington Street, after which the main tower appears to rise with a façade that matches the podium.

Financing was secured by Naftali Credit Partners, a subsidiary of Naftali Group. Proceeds of the loan were used to refinance the existing land loan and will contribute to future carrying costs of the project.

Site excavation is now underway and the building is on track to debut in 2026.

===================
NYY

[chris08876]

Credit: Michael Young via NYY

[chris08876]

Credit: Michael Young via NYY

[NYguy]

Crane reaches 929 ft...

https://oeaaa.faa.gov/oeaaa/external...07831728&row=5


Stated building height of 820 ft...

https://oeaaa.faa.gov/oeaaa/external...07717135&row=6

[Zapatan]

Nice, 250 meters. Pretty nice (at least recently) for Lower Manhattan.

Is the latest rendering a few pages back the current design?

[Crawford]

It would be nice if this were a supertall, but yeah, 820 ft. is pretty good, and will definitely enhance the Lower Manhattan skyline.

But there's no question that Lower Manhattan needs more supertalls. A half dozen or so supertalls to keep pace with Midtown.

[MAC123]

Originally Posted by Crawford

It would be nice if this were a supertall, but yeah, 820 ft. is pretty good, and will definitely enhance the Lower Manhattan skyline.

But there's no question that Lower Manhattan needs more supertalls. A half dozen or so supertalls to keep pace with Midtown.

Good luck with that. Even ignoring what Midtown is building rn, there's still more projects in Midtown East, HY phase 2, The Penn Station Area tower, the PABT towers, more 57th supertalls, etc.

[Crawford]

Originally Posted by MAC123

Even ignoring what Midtown is building rn, there's still more projects in Midtown East, HY phase 2, The Penn Station Area tower, the PABT towers, more 57th supertalls, etc.

Long-term, I have no doubt that Lower Manhattan will add supertalls. But yeah, it won't be at the same pace as Midtown. Lower Manhattan hasn't kept pace with Midtown since the Great Depression.

[mrnyc]

very nice base — and its not a cheap glass box thankfully — are there any renders of the rest of it?

[HyperPower]

5WTC Buddy is rising...





https://newyorkyimby.com/2024/02/fou...manhattan.html

Foundation work is underway at 111 Washington Street, the site of a 64-story residential skyscraper in Manhattan’s Financial District. Designed by Handel Architects and developed by Carlisle New York Apartments and Grubb Properties, which closed on a $48 million loan for the project last summer, the 712-foot-tall structure will span 326,221 square feet and yield 462 residential units, 7,000 square feet of commercial space, and a 60-foot-long rear yard. Consigli Construction is the general contractor for the property, which is alternately addressed as 8 Carlisle Street and located at the corner of Washington and Carlisle Streets, south of the nearby World Trade Center complex.