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111 Murray Street (formerly known as 101 Murray Street or 101 Tribeca) is a residential skyscraper completed in 2018 in
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
Manhattan
Manhattan (), known regionally as the City, is the most densely populated and geographically smallest of the five boroughs of New York City. The borough is also coextensive with New York County, one of the original counties of the U.S. state ...
, New York City
New York, often called New York City or NYC, is the most populous city in the United States. With a 2020 population of 8,804,190 distributed over , New York City is also the most densely populated major city in the Un ...
. Developed by Witkoff Group
Steven Charles Witkoff (born March 15, 1957) is an American real estate investor and landlord based in New York City, and founder of the Witkoff Group.
Early life and education
Witkoff was born to a Jewish family in the Bronx and raised in Baldwin ...
and Fisher Brothers
Fisher Brothers is a real estate firm in New York City. It was formed by Martin Fisher in 1915, soon joined by his brothers Larry (born 1907), and Zachary (born 1910). The Fisher family has substantial real estate holdings in New York City and el ...
, the building is located at the intersection of Murray and West Streets, in the Financial District
A financial district is usually a central area in a city where financial services firms such as banks, insurance companies and other related finance corporations have their head offices. In major cities, financial districts are often home to s ...
and Tribeca
Tribeca (), originally written as TriBeCa, is a neighborhood in Lower Manhattan in New York City. Its name is a syllabic abbreviation of "Triangle Below Canal Street". The "triangle" (more accurately a quadrilateral) is bounded by Canal Stree ...
neighborhoods and close to Battery Park City
Battery Park City is a mainly residential planned community and neighborhood on the west side of the southern tip of the island of Manhattan in New York City. It is bounded by the Hudson River on the west, the Hudson River shoreline on the north ...
.
Architecture
According to Winston C. Fisher, of Fisher Brothers, the building has 156 luxury condominiums. 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. The building is the third tallest structure in the local area, after 30 Park Place and 56 Leonard Street, matching the height of theWoolworth Building
The Woolworth Building is an early skyscraper, early American skyscraper designed by architect Cass Gilbert located at 233 Broadway (Manhattan), Broadway in the Tribeca neighborhood of Manhattan in New York City. It was the tallest building in ...
. A 10,600 square-foot (985 sqm) plaza sits adjacent to the tower.
Construction
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
Blackstone Inc. is an American alternative investment management company based in New York City. Blackstone's private equity business has been one of the largest investors in leveraged buyouts in the last three decades, while its real estate b ...
, Deutsche Bank
Deutsche Bank AG (), sometimes referred to simply as Deutsche, is a German multinational investment bank and financial services company headquartered in Frankfurt, Germany, and dual-listed on the Frankfurt Stock Exchange and the New York Sto ...
, and M&T Bank
M&T Bank Corporation (Manufacturers and Traders Trust Company) is an American bank holding company headquartered in Buffalo, New York. It operates 1680 branches in New York, New Jersey, Connecticut, Pennsylvania, Maine, Maryland, Massachusetts ...
. By summer 2015, demolition of the previous structure was complete and construction of the foundation commenced. The building topped out in 2018.
Notable residents
The building's residents formerly included American attorney Michael Cohen.See also
*List of tallest buildings in New York City
New York City, the most populous city in the United States, is home to over 7,000 completed high-rise buildings of at least , of which at least 95 are taller than . The tallest building in New York is One World Trade Center, which rises ...
* List of tallest buildings in the United States
The world's first skyscraper was built in Chicago in 1885. Since then, the United States has been home to some of the world's tallest skyscrapers. New York City, specifically the borough of Manhattan, notably has the tallest skyline in the cou ...
References
External links
* {{Tribeca, Manhattan Residential buildings completed in 2018 Condominiums and housing cooperatives in Manhattan Residential skyscrapers in Manhattan Tribeca Financial District, Manhattan Kohn Pedersen Fox buildings West Side Highway Pencil towers in New York City