A new rendering for a 2,000-unit residential skyscraper in Manhattan’s Financial District has been revealed, promising significant housing growth.
The site is surrounded by Frankfort Street to the north, Spruce Street to the south and east, and Gold Street to the west. While we don’t have the exact height or number of floors yet, the new building looks like it could be as tall as the nearby 891-foot skyscraper designed by Frank Gehry at 8 Spruce Street. The design features a multistory podium with a landscaped terrace on top, followed by a U-shaped main tower with several setbacks. Some of these setbacks have cutouts lined with double-height columns that frame terraces. The building will have two bulkheads, with the taller one on the western side. Plus, there will be new tree-lined sidewalks around the base.
The city bought the current building at 100 Gold Street for $37 million back in 1993. It’s likely that the old structure will be completely torn down for this new project. The Department of Citywide Administrative Services plans to use the money from this redevelopment to either lease or buy new office space for the city agencies and senior center that are currently in the existing building.
If everything goes as planned, 100 Gold Street will be one of the tallest residential buildings in the Financial District, joining others like 125 Greenwich Street and 30 Park Place. For those commuting, the nearest subway stations are the J and Z trains at Chambers Street, the R and W trains at City Hall, and several lines at the Fulton Street stations to the south.
More details about the development and construction timeline are still to come.
