Work on Soho Properties’s long-planned skyscraper at 45 Park Place is finally moving along. Construction began over the summer, and as of today, a teaser site for the development has launched, offering a (very small) peek at what’s to come when the high-end condos are complete.
The building will rise 43 stories when completed, and is located on the cusp of Tribeca and the Financial District, though the teaser site proclaims it’s “where the new downtown meets Tribeca.” (Sure.) It’ll have 50 one- to four-bedroom apartments, along with penthouses, and new renderings show off a luxurious lobby and a pool.
Given the tower’s pedigree—it’ll be designed by SOMA Architects, with interiors by Piero Lissoni—the apartments aren’t likely to be cheap. According to the Real Deal, Soho Properties head honcho Sharif El-Gamal is shooting for a $400 million sell-out for the building.
El-Gamal has been trying to develop this site, along with its next-door neighbor at 51 Park Place (known, most famously, as the proposed site of the “Ground Zero mosque,” a.k.a. Park51), for years now—and part of the plan for 45 Park Place is the redevelopment of Park51 into a new Islamic museum and cultural center designed by starchitect Jean Nouvel. It’s all supposed to be complete sometime next year.
- 45 Park Place [Official]
- First look: Sharif El-Gamal’s 45 Park Place [TRD]
- Construction Finally Begins on Sharif El-Gamal's 45 Park Place [Curbed]
- All 45 Park Place coverage [Curbed]