In the News: Chase Manhattan Plaza Revamp

One Chase ManhattanPlaza NE corner rendering••• The Wall Street Journal has the details on the changes to One Chase Manhattan Plaza—now known as 28 Liberty, because it has new owner, Fosun International—and the plaza itself. The main point: FiDi is getting even more retail space. “The proposed makeover calls for adding more than 175,000 square feet of retail space below the plaza and updating the open space itself with more seating, more entry ways and restoring the Noguchi Sunken Garden. Glass storefronts would replace portions of black granite walls below the plaza, along Liberty, Nassau, William and Pine streets; there are about 80,000 square feet of retail space at street level. Fosun also plans to reclaim about 130,000 square feet for shops on three levels below the ground floor.” (Are we supposed to call the plaza 28 Liberty Plaza?)

••• “27-Year-Old Made Millions Riding the Death Spirals of Penny Stocks: Josh Sason profited by lending failing companies money.” One guess as to which neighborhood he has a penthouse in…. —Bloomberg Business

••• The undercover cop who allegedly helped beat up the Lower Manhattan dad during that motorcycle rally a couple of years ago has refused a plea deal. —New York Daily News

••• The New York Post has one of those FiDi-on-the-rise articles that seem to come out every three weeks. There’s no news in it, except maybe this: “Developer Prodigy Network is building a pair of extended stay hotels in the neighborhood at 17 John St. and 84 William St., both of which, says CEO Rodrigo Niño, will feature restaurants from ‘very famous,’ very trendy restaurateurs.” Because nothing says sizzle like an extended-stay hotel. Also, do check out the first rendering of the Beekman, and compare the condo tower in the background with the building currently under construction.

••• “Santiago Calatrava was commissioned to design an architectural extravagance at ground zero. He succeeded, an accomplishment that threatens to destroy his reputation.” A bit premature, New York?

••• “Community leaders, directors of youth athletic leagues, and elected officials are voicing criticism about the process under which the Battery Park City Authority is allocating time on the community’s ball fields.” —Broadsheet

••• Terroir‘s Murray Hill outpost is closing, which leaves just the Tribeca one. —Eater