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GROUNDBREAKING OCCURS FOR $600 MILLION RESIDENTIAL/HOTEL TOWER

NEW YORK CITY — Groundbreaking has occurred for 50 West Street, a 65-story residential and hotel tower located in Lower Manhattan, New York City. Developed by New York-based Time Equities, the $600 million project will feature 280 residential units, and 155 hotel and retail units totaling 580,000 square feet. The project is expected to achieve LEED-Gold certification, with sustainable features including a green roof, an energy-efficient glass façade, sustainable and rapidly renewable construction materials, the recycling of demolition waste, water-efficient fixtures, and automated blinds and energy control systems. Completion is scheduled for 2011. The tower was designed by Helmut Jahn, with New York-based Gruzen Sampton serving as architect of record.

Content Partners
‣ Arbor Realty Trust
‣ Bohler
‣ Lee & Associates
‣ Lument
‣ NAI Global
‣ Northmarq
‣ Pavlov Media
‣ Walker & Dunlop

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