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555 Greenwich Street Update 04/19/22

16-Story Office Project Ascends in Hudson Square

A large office building, located at 555 Greenwich Street in Manhattan's Hudson Square neighborhood is close to topping out at 16-stories. The project's general contractor, , began construction this past summer and has built up the concrete superstructure over the course of the last year.

Developed by Madison Square Properties, a joint venture consisting of Hines, Trinity Church Wall Street, and Norges Bank Investment Management, the structure is being built at the rear of a neighboring office building, known as 345 Hudson Street.  Although the two will maintain separate addresses, their floorplans are seamlessly connected and the new building is essentially a horizontal overbuild extension of the existing structure.

Designed by , 555 Greenwich Street will stand feet tall and total square feet. It will add approximately 200,000 square feet of office space, roughly 15,600 square feet of tenant amenities, and square feet of commercial space, consisting of ground-floor retail units and a restaurant.

One of the building's most widely anticipated (and advertised) features is the abundance of outdoor space that will be on offer. Tenants will have access to 11 different roof terraces, which total a combined 33,000 square feet.

The project still has a ways to go, but with the structure quickly approaching its final height, we should start to see the facade go up rather soon. Construction is expected to finish sometime in late 2023. Upon completion, 555 Greenwich Street and 345 Hudson Street will total a combined 1.2 million square feet.

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