Trinity Place Holdings Inc. (NYSE: TPHS), the New York-based
real estate holding, investment and asset management company, has
announced the commencement of sales at 77 Greenwich, a new
residential condominium with a boutique approach to upscale urban
living, envisioned by a world-class team of New York-based
architects and designers. Located at 77 Greenwich Street in the
heart of Manhattan’s “New Downtown,” the elegant tower is situated
in the emerging cultural, retail, dining and corporate destination
of Lower Manhattan and soars above New York Harbor and Battery
Park. It is home to 90 residences, each with show-stopping water
views, along with a suite of well-crafted amenities, retail space
and a new public elementary school.
“It’s such an exciting time to live in Downtown Manhattan,” said
Matthew Messinger, CEO of Trinity Place Holdings. “Inspired by the
pulse and energy of this thriving area, we assembled a talented
team of local collaborators to create 77 Greenwich—a building for
New Yorkers by New Yorkers—which offers an outstanding collection
of well-appointed homes in one of the city’s most vibrant and
evolving neighborhoods.”
Designed by FXCollaborative, the celebrated architectural firm
behind acclaimed New York City residential developments including
The Greenwich Lane and Circa Central Park as well as the new Statue
of Liberty Museum, 77 Greenwich is a sculptural tower of reflective
glass rising from a cast stone base. Topping out at 500 feet, the
42-story building features a pleated glass curtain wall façade that
provides sprawling water views from each of the homes—which begin
on the 15th floor located nearly 150 feet above street level—and
offers a graceful juxtaposition to the heavy masonry of its
historic neighbors.
“Our design for 77 Greenwich embodies the best of its exciting
surroundings in a dynamic architectural composition,” said Dan
Kaplan, FAIA, LEED AP, Senior Partner at FXCollaborative. “Its
chiseled stone façades anchor the building into the rich texture of
historic Lower Manhattan, while its pleated glass façade offers
residents captivating and dramatic views of the harbor and western
sky. The tower heralds a sophisticated, crafted architecture for
downtown.”
The warm interiors, emphasizing expert craftsmanship and natural
materials, are designed by the renowned Deborah Berke
Partners—known for the interiors at the world’s tallest residential
building, 432 Park Avenue—and represents the firm’s unique vision
for downtown Manhattan.
“As a native of this city, the height and the harbor—so
irrefutably New York—is what makes these apartments magical to me,”
said Deborah Berke, Partner, FAIA, LEED AP at Deborah Berke
Partners. Berke is also the dean of Yale University’s School of
Architecture.
“Our work at 77 Greenwich is exacting but warm. Its modern
design elevates the rituals of daily life with rich, highly tactile
materials and thoughtful layouts that reflect the best of
contemporary living,” said Stephen Brockman, a partner at Deborah
Berke Partners.
At the entrance to the grand double height lobby, a granite and
blackened steel concierge desk anchors the space, while warm,
sculptural oak paneling creates a rich and inviting atmosphere.
From here, an elevator ascends to the residential floors, which
include natural light-filled corridors and residences ranging from
one to four bedrooms that combine natural beauty with the comforts
of an exceptionally appointed home. With white oak flooring
throughout and ceiling heights in excess of 10 feet, the residences
boast floor-to-ceiling windows that provide unobstructed water and
skyline views from the expanse of pleated crystalline glass. Adding
to the graciousness and comfort of the layouts, every home includes
a powder room, a rarity in new luxury development in New York
City.
Filled with natural light, each of the custom Deborah Berke
Partners-designed Poliform kitchens features state-of-the-art
appliances from Miele, Sub-Zero and Wolf, along with honed Blue de
Savoie marble countertops and backsplashes. The master bathrooms
offer a calming combination of honed warm grey Haisa marble floors,
walls and counters, accented with quarter sawn sycamore millwork,
and radiant heated floors. Secondary bathrooms are outfitted with
honed Venice terrazzo tile floors and quarter sawn oak millwork
cabinets, while the powder rooms found in every home include
custom-carved and polished Calacatta Lincoln sink bowls and
backsplash panels enhanced by sandblasted and brushed Bianco Mist
quartzite floors. Designed to exacting LEED standards, the homes at
77 Greenwich are both environmentally sustainable and
luxurious.
A suite of amenities designed by Deborah Berke Partners
emphasizes entertaining, wellness and play. Headlined by a
penthouse-level club known as Cloud Club 77, every resident is
afforded a penthouse view via spaces including an art-filled lounge
with a fireplace, a private dining room with catering kitchen, a
children’s playroom, and a double-height fitness center programmed
by celebrity personal trainer Jay Wright. There is also a
multi-purpose game room and training studio with terrace
access.
77 Greenwich offers expansive outdoor space designed by Future
Green Studio, the Brooklyn-based landscape architecture design firm
behind a number of notable commissions including the Roof Garden at
the Metropolitan Museum of Art. These areas include a
3,600-square-foot rooftop garden featuring a grassy lawn with a
play area for children, a Zen reflection area meditation deck, and
barbecue grill stations with ample dining areas and chaise seating.
The amenities located on the 41st floor below open up to 950 square
feet of outdoor space including a Japanese rock garden, while a
2,350-square-foot lower floor terrace features pergolas and a dog
run.
Additionally, 77 Greenwich includes the preservation and
restoration of the neighboring Robert & Anne Dickey House, a
historic landmark built in 1810 that is one of the last remaining
Federal-style buildings in New York City. The Dickey House will be
seamlessly incorporated into a new elementary school entered via
Trinity Place. Just across the street will be the new Elizabeth H.
Berger Park, a 20,000-square-foot park located at the
convergence of Greenwich Street, Trinity Place and Edgar
Street.
77 Greenwich is in close proximity to Battery Park and Battery
Park City, the Hudson River Waterfront, One World Trade Center,
major transit hubs and all of the exciting retail, culinary and
vibrant nightlife options available in Lower Manhattan, including
Brookfield Place and the shops at Westfield. The dynamic urban
atmosphere is complete with waterfront parks, which offer biking
and jogging paths, along with cobblestone streets and a rich
architectural history.
The Marketing Directors is the exclusive sales and marketing
agent for 77 Greenwich. Pricing begins at $1,780,000 for a
one-bedroom residence. For more information, please visit
www.77greenwich.com or call (212) 514-7700 to arrange a viewing of
the Sales Gallery located at 17 State Street, 21st Floor, New York,
NY 10004.
ABOUT TRINITY PLACE HOLDINGS
Trinity Place Holdings Inc. (NYSE: TPHS) (the “Company”) is a
real estate holding, investment and asset management company. The
Company’s business is primarily to own, invest in, manage, develop
and/or redevelop real estate assets and/or real estate related
securities. The Company currently has two multi-family properties,
237 11th Street in Gowanus/Park Slope, Brooklyn, and a 50% interest
in The Berkley, in Williamsburg, Brooklyn. The Company is also
developing a mixed-use condominium at 77 Greenwich Street in Lower
Manhattan, one of Lower Manhattan’s premier development sites which
will include 90 condominiums, a public elementary school and retail
space. The Company also owns a shopping center located in West Palm
Beach, Florida and a retail property in Paramus, New Jersey.
Several of its current assets are the legacy of certain Syms Corp.
and Filene’s Basement holdings as a result of those companies
having emerged from Chapter 11 bankruptcy under a plan of
reorganization in September 2012, including certain intellectual
property and $220.8 million of Federal tax net operating losses as
well as significant state losses (as of March 31, 2019). More
information on the Company can be found at
www.trinityplaceholdings.com and on our residential properties at
http://theberkleybk.com/ as well as www.237eleventh.com
Forward Looking Statements
This press release includes forward-looking statements within
the meaning of Section 21E of the Securities Exchange Act of 1934,
as amended, and the Private Securities Litigation Reform Act of
1995. These forward-looking statements are based on current
expectations and projections about future events and are not
guarantees of future performance or results and involve risks and
uncertainties that cannot be predicted or quantified, and,
consequently, the actual performance of the Company may differ
materially from those expressed or implied by such forward-looking
statements. For a more complete description of these and other
possible risks and uncertainties, please refer to our Annual Report
on Form 10-K for the year ended December 31, 2018, as well as to
our subsequent filings with the Securities and Exchange Commission.
The forward-looking statements contained herein speak only as of
the date hereof, and we assume no obligation to update any
forward-looking statements, whether as a result of new information,
subsequent events or otherwise, except as required by law.
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version on businesswire.com: https://www.businesswire.com/news/home/20190513005462/en/
M18 Public RelationsGina Faridniya
– Gina@m18pr.comJessica Pinelli – Jessica@m18pr.com
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