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125 Greenwich Street Update 01/10/23

Construction Resumes at 125 Greenwich Street

Spotted with the interior lights on and work elevators in action, it appears that the general contractor, , has finally resumed work on a stalled, 72-story tower project, going up at 125 Greenwich Street in Manhattan's Financial District.

Jointly developed by Bizzi & Partners Development and New Valley, the project initially broke ground in 2016, but quickly encountered delays, partially due to plan revisions in 2017, which decreased the height of the building from 1,356 feet tall to 912 feet. In 2019, the superstructure topped out, before work came to a complete halt. Having sat stagnant for the last 3 years, this new on-site activity may very well be the light at the end of the tunnel, although it should still be taken with a grain of salt.

When it does ultimately complete, 125 Greenwich will offer condo units, boasting luxury interiors, designed by March and White Design (MAWD). These will be available in a variety of sizes, ranging from studio to three-bedroom configurations.

Tenant amenities are to include a fitness center, a 50-foot lap pool & spa, private dining accommodations, and multiple entertainment spaces.

The tower will also provide residents with spectacular views of the World Trade Center Memorial, the Hudson River, and New York Harbor.

In addition to residential space, the building will have square feet of retail space, located on the bottom two floors.

Designed by , 125 Greenwich Street totals square feet. In its current state, the structure is still missing some facade materials, although most of the remaining work revolves around the interior, where there is still plenty of framing and finishing work to be done. Based on the choppy history of this build, it's tricky to predict when construction will actually finish, but a year from now seems like a reasonable timeframe, provided work proceeds smoothly.

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