In the News: More on 101 Tribeca

••• More on 101 Murray, a.k.a. 101 Tribeca, from Residency Invest* and via an anonymous tipster: “Developed by two of the City’s most successful and respected real estate developers, 101 TriBeCa is a world-class 63-story, 433,800 square-foot luxury residential condominium tower. The building’s 129 units will rise to a height of 950 feet and its top-floor penthouses will offer 360-degree views of New York’s most coveted neighborhood, the Triangle Below Canal Street (TriBeCa) – downtown Manhattan.” (*”We specialise in helping international investors achieve permanent residency, long term visas or Citizenship in the USA, United Kingdom, Europe and Caribbean. We do this securely through government approved and regulated residency programmes.”)

••• Tribecan Michael Gerstner’s rooftop garden is included in a Wall Street Journal “Mansion” article about “lavish gardens […] on luxury penthouse roofs.” He had his architect “cut out part of the sloping roof to install a large retractable skylight—the roof garden’s access point. Because of the roof’s severe pitch, a scaffold structure was built to support the [meadowscape…]. Among its practical benefits, the meadow cools the duplex in the summer and insulates it during the winter.”

••• “As Soho rents have pushed higher, more stores are looking to peripheral areas like Canal Street for cheaper space.” The Crain’s article has two examples of buildings being bought by investors.

••• “Ichimura, the Michelin-starred sushi bar at David Bouley’s Brushstroke in Tribeca, has hiked the price of its omakase by $20 to $180, retaining its position as what is likely New York’s third most expensive sushi bar.” —Eater

••• “Permits were filed for the construction of a 16-story residential building at 92 Fulton Street.” That’s way down from previous plans for a 51-story building. —The Real Deal

••• From Notify NYC: “There will be a fireworks display over Ellis Island tonight at approximately 8 p.m.”

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  1. The 51 Story Condo was predicated on a larger lot comprising several adjacent properties. Fisher Brothers bought just the one lot and is building was is permissible on that lot which is 16 stories. It’s still another big change coming to Fulton Street!

  2. They’re making no bones about importing billionaires to buy all this luxury housing stock … I guess it’s the only way to keep the bubble from bursting. SIGH.