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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