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Old Posted Mar 10, 2020, 4:38 AM
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Pace University to Fully Occupy SL Green’s New Beekman Street Development:
Pace University will take over the entire 220,000-square-foot building, which will be known as 15 Beekman Street, to add classrooms, dorms, a library and a learning center.



Quote:
Pace University has signed on to fully occupy SL Green Realty Corp.’s newly announced Financial District development at the corner of Nassau and Beekman Streets, Commercial Observer has learned.

The college acquired a 30-year leasehold condominium for the entire 215,000-square-foot development at 126-132 Nassau Street, which will be known as 15 Beekman Street, to add classrooms, dorms, a library, a dining facility and a learning center to its downtown campus, according to Newmark Knight Frank, which represented Pace in the deal. The new building is adjacent to Pace’s property at 41 Park Row.

Spokespeople for NKF and SL Green declined to provide the price Pace paid to acquire the leasehold.

On Monday, SL Green announced that it entered into a 99-year ground lease for 126-132 Nassau Street with plans to demolish the existing 98,412-square-foot office building on the site and build a new as-of-right tower. The developer said it already secured a tenant for the entire property, but did not say who it was.

“Lower Manhattan has become a global destination, serving as a hub of commercial, residential and retail activity, and we’re confident this development will build upon the momentum that downtown continues to enjoy,” Brett Herschenfeld, a managing director of SL Green, said in a statement on Monday.

Pace plans to essentially replace its 50-year-old tower at One Pace Plaza East — which it said needs “extensive renovations and upgrades” — with the 15 Beekman Street property and sell the unused development rights of One Pace Plaza East, according to its website.

NKF’s David Falk and Kyle Ciminelli represented Pace in the deal.

The 15 Beekman Street development will be the third property SL Green built for Pace in the neighborhood. The developer previously built dorm buildings at 33 Beekman Street in 2015 and 180 Broadway in 2013, as CO previously reported.
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Old Posted May 10, 2020, 3:56 PM
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Apparently Pace wants to demolish not only the Dunkin' Donuts building pictured in the article (good riddance), but also the building next door on Beekman street which is a 1892 building by McKim-Mead-White!!

I am not sure if this is true, but I saw this on Facebook:
https://www.change.org/p/new-york-la...ht-to-be-heard

Anybody has any more information? Can they even do that?
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Old Posted May 10, 2020, 5:18 PM
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Quote:
Originally Posted by MaxL View Post
Apparently Pace wants to demolish not only the Dunkin' Donuts building pictured in the article (good riddance), but also the building next door on Beekman street which is a 1892 building by McKim-Mead-White!!

I am not sure if this is true, but I saw this on Facebook:
https://www.change.org/p/new-york-la...ht-to-be-heard

Anybody has any more information? Can they even do that?
That really sucks DICK Cheney. It adds insult to injury that the horrific POS at Pace Plaza West that we're all stuck seeing isn't going away any time soon.
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Old Posted Jun 20, 2020, 4:28 PM
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= = = = = = = = =


Permits Filed For 15 Beekman Street In Downtown Manhattan


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Permits have been filed for a 27-story mixed-use building at 15 Beekman Street in Manhattan’s Financial District. Located at the intersection of Nassau Street and Beekman Street, the corner lot also known as 126-132 Nassau Street is within walking distance of Fulton Street subway station, serviced by the 2, 3, 4, 5, A, C, J, and Z trains. SL Green Realty is listed as the owner behind the applications for the future Pace University academic center and dormitory. Pace University also has an academic property at 41 Park Row.

The proposed 338-foot-tall development will yield 213,084 square feet, with 178,299 square feet designated for community facility space. The building will have classrooms, dorms, a dining facility, a library, and a learning center. The concrete-based structure will also have a cellar, sub-cellar, and a 20-foot-long rear yard.

Manish Chadha of Ismael Leyva Architects is listed as the architect of record.

Demolition permits were filed in April of this year. An estimated completion date has not been announced.
=================
NYY
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Old Posted Aug 26, 2020, 5:33 AM
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Old Posted Sep 17, 2020, 12:49 AM
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Old Posted Oct 1, 2020, 2:41 AM
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Demolition Prep Underway At 15 Beekman Street In The Financial District



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Demolition prep is underway at 15 Beekman Street, a 14-story structure in the Financial District. Located by the corner of Nassau and Beekman Streets directly across from Frank Gehry’s residential skyscraper at 8 Spruce Street, the site will eventually give rise to a 27-story mixed-use tower addressed as 126-132 Nassau Street. SL Green Realty is listed as the owner behind the applications for the future 338-foot-tall Pace University academic center and dormitory. Manish Chadha of Ismael Leyva Architects is listed as the architect of record.

Recent photos show the state of preparation for demolition. It appears that an adjacent four-story corner structure will also be razed in addition to 15 Beekman Street.

The low-rise building stands enveloped in scaffolding and black netting. The taller structure will likely receive the same treatment over the coming weeks.15 Beekman Street features a symmetrical northern elevation that starts off with three arched windows surrounded by stone work, columns, and keystones, while the grid of windows above is surrounded by a warm-colored masonry façade with horizontally striped pattern of two shades of sand-colored bricks.

Plans call for 213,084 square feet of newly built space, with 178,299 square feet designated for community facility space. The development will also contain classrooms, dorms, a dining facility, a library, and a learning center. The reinforced concrete-based structure will have a cellar, sub-cellar, and a 20-foot-long rear yard. The nearest subways are the 2, 3, 4, 5, A, C, J, and Z trains at the Fulton Street station.
================
NYY
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