NEW YORK CITY—Trinity Place Holdings has unveiled plans for a 285,000-square-foot, mixed-use development project at 77 Greenwich St., in Lower Manhattan. The plans call for approximately 85 luxury residential condominiums and 7,000 square feet of retail space on Greenwich Street, as well as a previously announced 476-seat elementary school.
"We are happy to share that we anticipate construction of the project starting this year," says Matthew Messinger, president & CEO of Trinity Place, owner and developer of the project. "As Downtown Manhattan continues to see more than $30 billion of public and private investments come to fruition, we expect 77 Greenwich to be the latest milestone in the neighborhood's evolution as a highly desirable live-work community."
Slated for completion in 2019, the development site is comprised of the former Syms clothing store and the 19th -century landmarked Dickey House, a federal style townhouse constructed in the early 1800s. Project plans call for the Dickey House to be restored and the interiors adaptively reused.
"What makes the residential component unique is that all condominium residences will start at an elevation of 150 feet, sitting above the school," Messinger adds, "allowing for panoramic views of New York Harbor, the Hudson River as well as the New York City skyline from every home in the building."
The site sits in close proximity to the World Trade Center, South Street Seaport, Battery Park City, Brookfield Place, Wall Street and luxury retail stores. In addition, future residents at 77 Greenwich will have the opportunity to live steps away from several notable restaurants and food markets, including Nobu, Le District, Hudson Eats and Mario Batali's Eataly.
The development site is also close to what will be the newly expanded and landscaped Elizabeth Berger Park as well as green space and recreational destinations including the Hudson River Greenway, Battery Park, Battery Park City and the East River Bikeway. The 1, R, 2, 3, 4, 5 and PATH trains are accessible from the location.
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Rayna Katz
Rayna Katz is a seasoned business journalist whose extensive experience includes coverage of the lodging sector, travel and the culinary space. She was most recently content director for a business-to-business publisher, overseeing four publications. While at Meeting News, a travel trade publication, she received a Best Reporting award for a story on meeting cancellations in New Orleans during Hurricane Katrina.
