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NEW YORK CITY — The unveiling has been held for the W New York Downtown and The Residences at W New York Downtown. The 58-story tower is located in Manhattan's Financial District at the corner of Washington and Albany streets. it features 223 W-branded residential condominiums atop a 217-room W hotel. The project features a fifth-floor lounge known as the Living Room Bar & Terrace as well as BLT Bar & Grill on the ground and second floors. The Moinian Group was the project's developer, and Gwathmey Siegel & Associates was the project architect.