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First look at FXCollaborative’s 31-story Financial District tower

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The mixed-use building will have 209 rentals and two levels of retail space

SL Green

In July, it was revealed that developer SL Green Realty Corp. was planning to build a residential tower in the Financial District, at 185 Broadway, that could rise 35 stories and house as many as 279 apartments. More concrete details have now surfaced, along with a rendering of what the FX Collaborative-designed building will look like.

Instead of 35 stories, the mixed-use building will stand 31 stories with two floors of flagship retail space (it’s unknown who the tenant will be) and three levels of commercial space. There will be around 209 rentals, 70 less than what was originally anticipated, and those units will range in size from studios to three-bedrooms. Thirty percent of the units (around 63 apartments) will be offered as affordable housing. The building’s amenities are slated to include a laundry room, a health club, and a pet grooming center.

SL Green has acquired 66,186 zoning square feet of development rights from the owner of the adjacent lot at 189 Broadway. This will allow for light and air easement, giving developers the right to cantilever over 189 Broadway. Three parcels at 183 Broadway, 187 Broadway, and 5-7 Dey Street have been demolished and foundation work at 189 Broadway is expected to wrap up by the end of the year.