In the News: The Four Seasons Hotel is Back On

99 Church aka 30 Park Place••• Finally, the 80-story building at 99 Church is on again! “Silverstein Properties Inc. has reached an agreement with a large London-based investment firm to provide a loan of up to $660 million construction of its 926-foot tower [….] Should the financing deal with Children’s Investment Fund Management LLP be completed, it would clear the way for Silverstein Properties […] to break ground on the superluxury tower at 30 Park Place. Designed by Robert A.M. Stern, who seeks to replicate the architecture of the 1920s, the building also is slated to include a 189-room Four Seasons hotel. The tower is be called the Four Seasons Hotel and Private Residences New York Downtown.” Maybe we can come up with a better name…? That sounds more like a list of keywords. —Wall Street Journal

••• From a New York Times interview with R. Donahue Peeple, head of the Peebles Corporation: “We have 346 Broadway, which is in Tribeca on Leonard Street. That’s about 400,000 square feet. We have a $350 million restoration. […] 346 Broadway is a repositioning—residential with potentially some hospitality. There will be condominiums—somewhere around 200 and less. No affordable housing, but we are providing 15,000 square feet of community space for visual arts and community arts, and that will be on the ground floor. […] We’re doing the predevelopment work now—the design and so forth—and we’re down to four premiere New York-based architects.”

••• Bloomberg‘s Ryan Sutton gives Corton four stars (out of four). I need to get back there soon.

••• Manhattan User’s Guide looks at various historical sites in Tribeca, including the expensive mid-19th-century abortionist at Greenwich and Chambers.

••• An old Transportation Alternatives video has a brief glimpse of what the west side bike path looked like in 1993 (around :23). —StreetsBlog

••• “Police say a 26-year-old man was shot with a BB gun during a robbery attempt in the Financial District last Tuesday.” —Tribeca Trib


1 Comment

  1. Corton is a Tribeca treasure!