clock menu more-arrow no yes mobile

The Financial District’s massive building boom, mapped

See the more than 20 developments currently on the rise in the Financial District

View as Map

In the nearly 17 years since the September 11 attacks, the Financial District has seen an unprecedented rebirth. The redevelopment of the World Trade Center complex is now nearing completion, with 3 World Trade Center having debuted in June. Head east, and you’ll find the South Street Seaport’s renaissance moving forward; the highly anticipated Pier 17 partially opened earlier this month.

In other parts of the neighborhood, there has been a massive uptick in residential development in recent years. How massive? We’ve compiled a list of 23 developments that will further transform the Financial District in the coming years.

As always, if we’ve missed any projects, be sure to let us know in the comments.

Read More
Eater maps are curated by editors and aim to reflect a diversity of neighborhoods, cuisines, and prices. Learn more about our editorial process.

2 World Trade Center

Copy Link

Just a few months after Bjarke Ingels got the go-ahead to redesign 2 World Trade Center in 2016, a big (no pun intended) wrench was thrown into the works: News Corp and 20th Century Fox, which were due to occupy around 1 million square feet of the skyscraper, pulled out of the deal. What happens next is anyone's guess, though Silverstein Properties, the developer behind the building, is looking for another anchor tenant.

Rendering via DBOX

The Perelman

Copy Link

Formerly the World Trade Center Performing Arts Center, the building was renamed The Perelman after billionaire Ronald Perelman donated $75 million. Construction is now underway on this REX-designed project, which will be able to accommodate up to three theaters of varying sizes or one single space that can accommodate 1,200 people. The $250 million venue is expected to be complete sometime in 2020.

St. Nicholas National Shrine at the World Trade Center

Copy Link

Santiago Calatrava was inspired by Hagia Sophia and Church of the Holy Savior of Chora in designing the new St. Nicholas Shrine after the old was one was destroyed on 9/11. Construction was moving along steadily at the site (the structure had topped out) until work abruptly came to a halt in December 2017 because the Greek Orthodox Archdiocese of America was unable to pay construction firm Skanska. The project has been stalled since. It’s one of the last remaining pieces of the World Trade Center complex redevelopment.

Scott Lynch

Woolworth Building

Copy Link

Work continues on the Woolworth Tower, the ridiculously pricey condos that will sit atop Cass Gilbert's iconic downtown skyscraper. The building finally unveiled its $110 million penthouse last fall. We also got a peek at some new model apartments in the building early last year. Work continues to move forwars slowly on this Alchemy Properties led conversion, and currently available units range from $3.8 million to $21 million.

Williams New York

1 Seaport

Copy Link

Following a series of construction delays—one owing to the death of a construction worker—work resumed on Fortis Property Group’s 1 Seaport condo earlier this year. As plans stand right now, the building will stand 57 stories tall and bring 80 apartments to the neighborhood. Sales on the Hill & West-designed building got underway in April 2016 with apartments asking from $1.325 million. Should things move smoothly from here on out, construction will likely wrap sometime next year.

Via 1 Seaport

45 Broad Street

Copy Link

Construction is slowly but surely moving forward on the supertall slated to rise at 45 Broad Street. Developed in collaboration between Madison Equities, Chinese real estate firm Gemdale, and Italian real estate company the Pizzarotti Group, the building will eventually stand 1,115 feet tall. The first eight floors of the building will have offices, and 206 condos will be located above that. The project will also create two new subway elevators to the Broad Street J/Z station.

Two city buildings in the foreground. Between the buildings in the distance is a tall and thin skyscraper. There are cars in the foreground. By Christopher Bride/PropertyShark

80 South Street

Copy Link

After years of rumors of a supertall building at this site, demolition plans for the six-story building at 80 South Street were filed in May 2017. It seemed like the project would finally move forward, but there has been no development since then. China Oceanwide Holdings currently owns the site and is hoping to bring a 1,436-foot residential and commercial building to this spot.

125 Greenwich Street

Copy Link

After several delays, work on the Rafael Viñoly-designed condo at 125 Greenwich Street finally got underway last fall. Nearly a year later, the building is more than halfway to the top. Eventually, the skyscraper will stand 912 feet tall and bring 273 apartments to the Financial District. The project is being developed by Bizzi & Partners and has apartments starting from $1.275 million. Construction on the condo is expected to wrap next fall.

Courtesy of MARCH

77 Greenwich Street

Copy Link

This FX Collaborative-designed condo building will bring just 90 condos to the Financial District, spread out over 40 stories. Developed by Trinity Place Holdings, the tower will eventually rise to 500 feet and feature interiors by Deborah Berke Partners. Foundation work finally got underway on the project last month, and the condo will tower and cantilever over the shell of the landmarked Robert and Anne Dickey House.

Binyan Studios

One Wall Street

Copy Link

Macklower Properties is working with SLCE Architects to transform this Art Deco landmark into a condo building with 566 apartments. Previously, the development team was planning a mix of rentals and condos here but that has been shelved. While sales have yet to get underway, apartments here will average a pricey $3 million. The building will have 100,000 square feet of amenities and a Whole Foods at the base. Construction is expected to wrap sometime in 2020.

DBOX

45 Park Place

Copy Link

This project was stuck in development hell for many years before construction finally got underway in the summer of 2016. The Sharif El-Gamal-developed project launched sales on it 50 condos last summer with apartments starting from $3.75 million. Construction is moving forward at the site, and the building will eventually stand 43 stories tall. This SOMA Architecture-designed condo will likely wrap construction sometime next year.

3 Platt Street

Copy Link

As of 2015, the Moinian Group was planning a 336-foot-tall, 28-story residential building at 102 John Street, next to the company's already established 100 John Street development. That project did not take off. Earlier this year, plans were filed for a 37-story residential building designed by Hill West Architects. The building is now expected to have 250 rentals with apartments averaging 680 square feet.

75 Nassau Street

Copy Link

This project was first announced three years ago but construction only got underway in earnest earlier this year. Five buildings were demolished to make way for a 40-story residential building designed by ODA New York. The building will bring 229 apartments to the neighborhood, and one of the notable features here is a tree-covered roof that’s designed by HMWhite. Construction is expected to wrap sometime in 2021.

Via ODA New York

130 William St

Copy Link

David Adjaye’s first New York City skyscraper is a 800-foot-tall cast concrete behemoth that will bring 244 apartments to the neighborhood. Sales recently launched on the Lightstone-developed project with apartments asking from $780,000. The 66-story condo is already so popular it has signed 30 contracts and received 3,000 applications in the month prior to the official sales launch. Construction on 130 William is expected to wrap in 2020.

Binyan Studios

185 Broadway

Copy Link

Though this project is still in the early stages of development, SL Green Realty Corp. is looking to build a 404-foot-tall residential building with 279 apartments. The developer has roped in FXCollaborative to design the building, and the apartments here will average about 600 square feet, which indicates they they might be rentals.

Via Google Maps

1 Beekman St

Copy Link

Overlooking City Hall park, this 25-story condo designed by Rogers Stirk Harbour + Partners will hold just 31 apartments. The Urban Muse-developed project will be notable for its walls of windows framed by aluminum and perforated copper screens. The first two floors of the building will have retail, and next two floors will have offices. All the residences will be located above that. Construction is expected to wrap in the summer of 2019.

The Boundary/Compass

1 Park Row

Copy Link

The residential component of this building is yet to be unveiled, but we do know that Fogarty Finger is designing a three-story retail base for the new building at 1 Park Row. This new structure will replace the six-story building at the corner of Park Row and Ann Street. One estimate pegged the residential component of the project to rise six or seven stories above the retail portion, but no plans have been filed as of now.

Fogarty Finger

25 Park Row

Copy Link

Cookfox’s soaring skyscraper, sandwiched between the two new projects at 1 Beekman Street and 1 Park Row, is making its way to the top. The L+M Development Partners project will eventually stand 54 stories tall and bring 108 condos to the neighborhood. The condo replaced the J&R flagship store, and construction on the new building is expected to wrap sometime in 2020.

Rendering courtesy Moso Studio

265 Broadway

Copy Link

A five-story office building will be replaced by a 42-story hotel and condo tower designed by Gene Kaufman. Developed by the Roe Corporation, the building’s first 12 floors will hold 80 hotel rooms, and there will be 38 condos on the 30 floors above that. There hasn’t been much development at the site since plans were filed in early 2017.

Google Maps via YIMBY

49 Chambers St

Copy Link

The Chetrit Group has been busy converting the former Emigrant Savings Bank Building on Chambers Street into condos since it purchased the H-shaped skyscraper in 2013. The Beaux-Arts structure will hold 99 condos, and Gabellini Sheppard is working on the interiors of the 17-story building. Sales on the development launched in April 2017 with apartments asking from just under $2 million. Woods Bagot is working on restoring the exteriors and M. Paul Friedberg & Partners is in charge of landscaping.

Williams New York

20 Broad St

Copy Link

Developer Metro Loft is converting the former home of the New York Stock Exchange into 533 rentals. CetraRuddy has designed the conversion. The apartments here will come in studios through three-bedroom variants and prices are expected to start around $2,600/month. Once complete, 20 Broad Street will also have retail at the base.

Pace University

Copy Link

With permission secured from the city’s Landmarks Preservation Commission in April 2017, Pace University is currently in the midst of a $190 million expansion and renovation. The expansion will take place in three phases with the first phase involving work on the campus’s main building, One Pace Plaza, and the former home of the New York Times at 41 Park Row. FXColaborative has been roped in to design the expansion.

The Equitable Building

Copy Link

Silverstein Properties is presently renovating the H-shaped skyscraper at 120 Broadway at a cost of $50 million. Beyer Blinder Belle will design the renovation and create a new soaring lobby, a reception desk, a granite accent wall, redesigned revolving doors, new retail spaces in the lobby, a new rooftop space, and a new bike room.

Via Silverstein Properties

2 World Trade Center

Just a few months after Bjarke Ingels got the go-ahead to redesign 2 World Trade Center in 2016, a big (no pun intended) wrench was thrown into the works: News Corp and 20th Century Fox, which were due to occupy around 1 million square feet of the skyscraper, pulled out of the deal. What happens next is anyone's guess, though Silverstein Properties, the developer behind the building, is looking for another anchor tenant.

Rendering via DBOX

The Perelman

Formerly the World Trade Center Performing Arts Center, the building was renamed The Perelman after billionaire Ronald Perelman donated $75 million. Construction is now underway on this REX-designed project, which will be able to accommodate up to three theaters of varying sizes or one single space that can accommodate 1,200 people. The $250 million venue is expected to be complete sometime in 2020.

St. Nicholas National Shrine at the World Trade Center

Santiago Calatrava was inspired by Hagia Sophia and Church of the Holy Savior of Chora in designing the new St. Nicholas Shrine after the old was one was destroyed on 9/11. Construction was moving along steadily at the site (the structure had topped out) until work abruptly came to a halt in December 2017 because the Greek Orthodox Archdiocese of America was unable to pay construction firm Skanska. The project has been stalled since. It’s one of the last remaining pieces of the World Trade Center complex redevelopment.

Scott Lynch

Woolworth Building

Work continues on the Woolworth Tower, the ridiculously pricey condos that will sit atop Cass Gilbert's iconic downtown skyscraper. The building finally unveiled its $110 million penthouse last fall. We also got a peek at some new model apartments in the building early last year. Work continues to move forwars slowly on this Alchemy Properties led conversion, and currently available units range from $3.8 million to $21 million.

Williams New York

1 Seaport

Following a series of construction delays—one owing to the death of a construction worker—work resumed on Fortis Property Group’s 1 Seaport condo earlier this year. As plans stand right now, the building will stand 57 stories tall and bring 80 apartments to the neighborhood. Sales on the Hill & West-designed building got underway in April 2016 with apartments asking from $1.325 million. Should things move smoothly from here on out, construction will likely wrap sometime next year.

Via 1 Seaport

45 Broad Street

Construction is slowly but surely moving forward on the supertall slated to rise at 45 Broad Street. Developed in collaboration between Madison Equities, Chinese real estate firm Gemdale, and Italian real estate company the Pizzarotti Group, the building will eventually stand 1,115 feet tall. The first eight floors of the building will have offices, and 206 condos will be located above that. The project will also create two new subway elevators to the Broad Street J/Z station.

Two city buildings in the foreground. Between the buildings in the distance is a tall and thin skyscraper. There are cars in the foreground. By Christopher Bride/PropertyShark

80 South Street

After years of rumors of a supertall building at this site, demolition plans for the six-story building at 80 South Street were filed in May 2017. It seemed like the project would finally move forward, but there has been no development since then. China Oceanwide Holdings currently owns the site and is hoping to bring a 1,436-foot residential and commercial building to this spot.

125 Greenwich Street

After several delays, work on the Rafael Viñoly-designed condo at 125 Greenwich Street finally got underway last fall. Nearly a year later, the building is more than halfway to the top. Eventually, the skyscraper will stand 912 feet tall and bring 273 apartments to the Financial District. The project is being developed by Bizzi & Partners and has apartments starting from $1.275 million. Construction on the condo is expected to wrap next fall.

Courtesy of MARCH

77 Greenwich Street

This FX Collaborative-designed condo building will bring just 90 condos to the Financial District, spread out over 40 stories. Developed by Trinity Place Holdings, the tower will eventually rise to 500 feet and feature interiors by Deborah Berke Partners. Foundation work finally got underway on the project last month, and the condo will tower and cantilever over the shell of the landmarked Robert and Anne Dickey House.

Binyan Studios

One Wall Street

Macklower Properties is working with SLCE Architects to transform this Art Deco landmark into a condo building with 566 apartments. Previously, the development team was planning a mix of rentals and condos here but that has been shelved. While sales have yet to get underway, apartments here will average a pricey $3 million. The building will have 100,000 square feet of amenities and a Whole Foods at the base. Construction is expected to wrap sometime in 2020.

DBOX

45 Park Place

This project was stuck in development hell for many years before construction finally got underway in the summer of 2016. The Sharif El-Gamal-developed project launched sales on it 50 condos last summer with apartments starting from $3.75 million. Construction is moving forward at the site, and the building will eventually stand 43 stories tall. This SOMA Architecture-designed condo will likely wrap construction sometime next year.

3 Platt Street

As of 2015, the Moinian Group was planning a 336-foot-tall, 28-story residential building at 102 John Street, next to the company's already established 100 John Street development. That project did not take off. Earlier this year, plans were filed for a 37-story residential building designed by Hill West Architects. The building is now expected to have 250 rentals with apartments averaging 680 square feet.

75 Nassau Street

This project was first announced three years ago but construction only got underway in earnest earlier this year. Five buildings were demolished to make way for a 40-story residential building designed by ODA New York. The building will bring 229 apartments to the neighborhood, and one of the notable features here is a tree-covered roof that’s designed by HMWhite. Construction is expected to wrap sometime in 2021.

Via ODA New York

130 William St

David Adjaye’s first New York City skyscraper is a 800-foot-tall cast concrete behemoth that will bring 244 apartments to the neighborhood. Sales recently launched on the Lightstone-developed project with apartments asking from $780,000. The 66-story condo is already so popular it has signed 30 contracts and received 3,000 applications in the month prior to the official sales launch. Construction on 130 William is expected to wrap in 2020.

Binyan Studios

185 Broadway

Though this project is still in the early stages of development, SL Green Realty Corp. is looking to build a 404-foot-tall residential building with 279 apartments. The developer has roped in FXCollaborative to design the building, and the apartments here will average about 600 square feet, which indicates they they might be rentals.

Via Google Maps

1 Beekman St

Overlooking City Hall park, this 25-story condo designed by Rogers Stirk Harbour + Partners will hold just 31 apartments. The Urban Muse-developed project will be notable for its walls of windows framed by aluminum and perforated copper screens. The first two floors of the building will have retail, and next two floors will have offices. All the residences will be located above that. Construction is expected to wrap in the summer of 2019.

The Boundary/Compass

1 Park Row

The residential component of this building is yet to be unveiled, but we do know that Fogarty Finger is designing a three-story retail base for the new building at 1 Park Row. This new structure will replace the six-story building at the corner of Park Row and Ann Street. One estimate pegged the residential component of the project to rise six or seven stories above the retail portion, but no plans have been filed as of now.

Fogarty Finger

25 Park Row

Cookfox’s soaring skyscraper, sandwiched between the two new projects at 1 Beekman Street and 1 Park Row, is making its way to the top. The L+M Development Partners project will eventually stand 54 stories tall and bring 108 condos to the neighborhood. The condo replaced the J&R flagship store, and construction on the new building is expected to wrap sometime in 2020.

Rendering courtesy Moso Studio

265 Broadway

A five-story office building will be replaced by a 42-story hotel and condo tower designed by Gene Kaufman. Developed by the Roe Corporation, the building’s first 12 floors will hold 80 hotel rooms, and there will be 38 condos on the 30 floors above that. There hasn’t been much development at the site since plans were filed in early 2017.

Google Maps via YIMBY

49 Chambers St

The Chetrit Group has been busy converting the former Emigrant Savings Bank Building on Chambers Street into condos since it purchased the H-shaped skyscraper in 2013. The Beaux-Arts structure will hold 99 condos, and Gabellini Sheppard is working on the interiors of the 17-story building. Sales on the development launched in April 2017 with apartments asking from just under $2 million. Woods Bagot is working on restoring the exteriors and M. Paul Friedberg & Partners is in charge of landscaping.

Williams New York

20 Broad St

Developer Metro Loft is converting the former home of the New York Stock Exchange into 533 rentals. CetraRuddy has designed the conversion. The apartments here will come in studios through three-bedroom variants and prices are expected to start around $2,600/month. Once complete, 20 Broad Street will also have retail at the base.

Pace University

With permission secured from the city’s Landmarks Preservation Commission in April 2017, Pace University is currently in the midst of a $190 million expansion and renovation. The expansion will take place in three phases with the first phase involving work on the campus’s main building, One Pace Plaza, and the former home of the New York Times at 41 Park Row. FXColaborative has been roped in to design the expansion.

The Equitable Building

Silverstein Properties is presently renovating the H-shaped skyscraper at 120 Broadway at a cost of $50 million. Beyer Blinder Belle will design the renovation and create a new soaring lobby, a reception desk, a granite accent wall, redesigned revolving doors, new retail spaces in the lobby, a new rooftop space, and a new bike room.

Via Silverstein Properties