Seaport Residences' Future Remains Uncertain in Financial District, Manhattan

Seaport Residences’ Future Remains Uncertain in Financial District, Manhattan


Work remains stalled on Seaport Residences, a 60-story residential skyscraper formerly known as One Seaport at 161 Maiden Lane in the Financial District. Designed by Hill West Architects and developed by Fortis Property Group LLC with Ray Builders as the contractor, the 670-foot-tall tower is planned to yield 200,000 square feet and 80 units with interior design by Groves & Co.

As the cold winter weather and snow storms continue, the building’s exposed reinforced concrete superstructure has remained largely exposed to the elements and extreme temperatures.

Seaport Residences. Photo by Michael Young

Seaport Residences. Photo by Michael Young

Seaport Residences. Photo by Michael Young

Seaport Residences. Photo by Michael Young

Seaport Residences. Photo by Michael Young

Seaport Residences. Photo by Michael Young

Seaport Residences. Photo by Michael Young

Seaport Residences. Photo by Michael Young

Seaport Residences. Photo by Michael Young

Seaport Residences. Photo by Michael Young

Seaport Residences. Photo by Michael Young

Seaport Residences. Photo by Michael Young

Seaport Residences. Photo by Michael Young

Seaport Residences. Photo by Michael Young

Seaport Residences has endured a number of legal and construction issues since work began several years ago, most notably the alleged three-inch leaning of the superstructure to the north. However, there is potential for the project to one day come to fruition. As the only residential building located along the East River in the Financial District, the majority of the eastern-facing homes homes will have panoramic uninterrupted views and an abundance of natural light. Nearby neighborhood amenities include the expansive Pier 17 complex with the adjacent Tin Building relocation and reconstruction that’s set to come with a seafood-themed market by Jean-Georges Vongerichten, and the Wall Street ferry terminal. The Wall Street district itself is less than ten minutes away by foot, as are a number of subway lines along Broadway, Wall Street, the Oculus and PATH trains at the World Trade Center, and the Fulton Center transit hub.

There is still no revised construction timeline or completion date for Seaport Residences. Whether or not we may see construction resume on the tower this year is still uncertain.

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