111 Murray Street

Last updated

111 Murray Street
111Murray61019.jpg
111 Murray Street on June 10, 2019.
111 Murray Street
General information
StatusCompleted
Type Residential, retail
Location111 Murray Street
Manhattan, New York City
Coordinates 40°42′56″N74°00′46″W / 40.7155556°N 74.0127778°W / 40.7155556; -74.0127778 Coordinates: 40°42′56″N74°00′46″W / 40.7155556°N 74.0127778°W / 40.7155556; -74.0127778
Construction started2015
CompletedFebruary 16, 2018
Height
Architectural792 ft (241 m)
Roof749 feet (228 m)
Technical details
Floor count58
Floor area372,000 sqft (34,560 sqm)
Design and construction
Architect Kohn Pedersen Fox, Goldstein, Hill & West Architects
Developer Witkoff Group, Fisher Brothers
Website
Building Website

111 Murray Street (formerly known as 101 Murray Street or 101 Tribeca) is a residential skyscraper completed in 2018 in Manhattan, New York City. Developed by Witkoff Group and Fisher Brothers, the building is located at the intersection of Murray and West Streets, in the Financial District and Tribeca neighborhoods and close to Battery Park City.

Contents

Architecture

According to Winston C. Fisher, of Fisher Brothers, the building has 156 luxury condominiums. [1] The tower stands 792 feet (241.4 m) to its pinnacle and has 2,100 square feet (195 sqm) of retail space on the ground floor. [2] The building is the third tallest structure in the local area, after 30 Park Place and 56 Leonard Street, matching the height of the Woolworth Building. [3] A 10,600 square-foot (985 sqm) plaza sits adjacent to the tower.

Construction

Construction progress in October 2016. 111 Murray 14 October 2016.png
Construction progress in October 2016.

The tower was constructed at the site of the former St. John's University building at 101 Murray Street, which the developers purchased for $200 million in May 2013. In May 2015, the developers finalized the project's financing after securing an equity investment from a Chinese insurance company and a $445 million construction loan from The Blackstone Group, Deutsche Bank, and M&T Bank. [4] [5] By summer 2015, demolition of the previous structure was complete and construction of the foundation commenced. The building topped out in 2018. [6]

Notable residents

The building's residents formerly included American attorney Michael Cohen. [7]

See also

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References

  1. Marino, Vivian (March 3, 2015). "A Conversation With Winston C. Fisher". The New York Times. Retrieved June 10, 2015.
  2. Wilson, Reid. "New Renderings Of 58-Story, 157-Unit Luxury Tower At 111 Murray Street, Tribeca". New York YIMBY. Archived from the original on August 12, 2018. Retrieved July 13, 2015.
  3. YIMBY, New York. "Permits Filed: 101 Murray Street, Tribeca's Future Tallest Skyscraper". New York YIMBY. Archived from the original on July 15, 2017. Retrieved June 10, 2015.
  4. Putzier, Konrad. "Chinese insurer is funding Witkoff's 111 Murray". The Real Deal. Retrieved June 15, 2015.
  5. "Tribeca Condo Project Gets $445 Million Loan". Wall Street Journal. July 5, 2015.
  6. "First Look: 111 Murray". Tribeca Citizen. Retrieved June 15, 2015.
  7. Clarke, Katherine (July 12, 2018). "Michael Cohen Purchases New York City Apartment for $6.7 Million". The Wall Street Journal. Retrieved July 12, 2018.