Next on YIMBY’s Turkey Week update of stalled projects is 125 Greenwich Street, an 88-story skyscraper in the financial district. Designed by Rafael Vinoly and originally developed by Bizzi & Partners, Cindat, New Valley, the Carlton Group and Shvo, the 912-foot building is nearing completion as of late 2019. The tower would contain 273 condominiums, with interiors by March & White and marketing directed by Douglas Elliman. Plaza Construction is the general contractor for the property, located at the corner of Greenwich Street and Thames Street, just downtown from the World Trade Center complex.
The skyscraper features a sleek design of curved glass panels surrounding a concrete core on the north and south walls. The curtain wall is largely complete, with only some work on the top and the multi-story podium awaiting completion. The latter section is to be enclosed in darker glass and house several loft units. The construction elevator remains attached to the west facade.
A few mechanical planes paneled in black divide the bulk of the skyscraper.
At the time of its announcement, 125 Greenwich Street was positioned as an inner-city answer to Vinoly’s 432 Park Avenue, which was then the city’s tallest residential building. However, financial setbacks within the development team combined with an unexpected condo market saturation led to the foreclosure of the Financial District project.
The following photos are from YIMBY’s inspection of the property in early 2019 while work was still in progress. Upper floors offer panoramic city views, including a close-up view of the World Trade Center to the north. Click here to see the full series of photos.
It’s unclear when 125 Greenwich Street will resume work.
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