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Developer Successfully Assembles Air Rights For Supertall Mixed-Use Tower At 80 South Street - New York YIMBY
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menu-item-has-children"><a href="#">SouthWest</a><ul class="sub-menu"><li id="menu-item-20366" class="menu-item menu-item-type-custom menu-item-object-custom menu-item-20366"><a href="/neighborhoods/concourse">Concourse</a></li><li id="menu-item-20368" class="menu-item menu-item-type-custom menu-item-object-custom menu-item-20368"><a href="/neighborhoods/crotona-park-east">Crotona Park East</a></li><li id="menu-item-20397" class="menu-item menu-item-type-custom menu-item-object-custom menu-item-20397"><a href="/neighborhoods/highbridge">Highbridge</a></li><li id="menu-item-20415" class="menu-item menu-item-type-custom menu-item-object-custom menu-item-20415"><a href="/neighborhoods/morrisania">Morrisania</a></li><li id="menu-item-20416" class="menu-item menu-item-type-custom menu-item-object-custom menu-item-20416"><a href="/neighborhoods/mott-haven">Mott Haven</a></li><li id="menu-item-20416" class="menu-item menu-item-type-custom menu-item-object-custom menu-item-20416"><a href="/neighborhoods/mount-eden">Mount Eden</a></li><li id="menu-item-20441" class="menu-item menu-item-type-custom menu-item-object-custom menu-item-20441"><a href="/neighborhoods/south-bronx">South Bronx</a></li></ul></li><li class="menu-item menu-item-type-custom menu-item-object-custom menu-item-has-children"><a href="#">NorthEast</a><ul class="sub-menu"><li id="menu-item-20374" class="menu-item menu-item-type-custom menu-item-object-custom menu-item-20374"><a href="/neighborhoods/east-bronx">East Bronx</a></li><li id="menu-item-20441" class="menu-item menu-item-type-custom menu-item-object-custom menu-item-20441"><a href="/neighborhoods/van-nest">Van Nest</a></li></ul></li><li class="menu-item menu-item-type-custom menu-item-object-custom menu-item-has-children"><a href="#">SouthEast</a><ul class="sub-menu"><li id="menu-item-20362" class="menu-item menu-item-type-custom menu-item-object-custom menu-item-20362"><a href="/neighborhoods/clason-point">Clason Point</a></li><li id="menu-item-20430" class="menu-item menu-item-type-custom menu-item-object-custom menu-item-20430"><a href="/neighborhoods/parkchester">Parkchester</a></li><li id="menu-item-20431" class="menu-item menu-item-type-custom menu-item-object-custom menu-item-20431"><a href="/neighborhoods/pelham-bay">Pelham Bay</a></li><li id="menu-item-20440" class="menu-item menu-item-type-custom menu-item-object-custom menu-item-20440"><a href="/neighborhoods/soundview">Soundview</a></li><li id="menu-item-20441" class="menu-item menu-item-type-custom menu-item-object-custom menu-item-20441"><a href="/neighborhoods/south-bronx">South Bronx</a></li></ul></li></ul></li><li id="menu-item-20425" class="menu-item menu-item-type-custom menu-item-object-custom menu-item-has-children menu-item-20425"><a href="#">Manhattan</a><ul class="sub-menu"><li class="menu-item menu-item-type-custom menu-item-object-custom menu-item-has-children"><a href="#">Uptown</a><ul class="sub-menu"><li id="menu-item-20452" class="menu-item menu-item-type-custom menu-item-object-custom menu-item-20452"><a href="/neighborhoods/uptown">Uptown</a></li><li id="menu-item-20452" class="menu-item menu-item-type-custom menu-item-object-custom menu-item-20452"><a href="/neighborhoods/harlem">Harlem</a></li><li id="menu-item-20452" class="menu-item menu-item-type-custom menu-item-object-custom menu-item-20452"><a href="/neighborhoods/uppereastside">Upper East Side</a></li><li id="menu-item-20452" class="menu-item menu-item-type-custom menu-item-object-custom menu-item-20452"><a href="/neighborhoods/upperwestside">Upper West Side</a></li><li id="menu-item-20452" class="menu-item menu-item-type-custom menu-item-object-custom menu-item-20452"><a href="/neighborhoods/washington-heights">Washington Heights</a></li></ul></li><li class="menu-item menu-item-type-custom menu-item-object-custom menu-item-has-children"><a href="#">Midtown</a><ul class="sub-menu"><li id="menu-item-20346" class="menu-item menu-item-type-custom menu-item-object-custom menu-item-20346"><a href="/neighborhoods/57thstreet">57th Street</a></li><li id="menu-item-20452" class="menu-item menu-item-type-custom menu-item-object-custom menu-item-20452"><a href="/neighborhoods/midtowneast">Midtown East</a></li><li id="menu-item-20452" class="menu-item menu-item-type-custom menu-item-object-custom menu-item-20452"><a href="/neighborhoods/midtownsouth">Midtown South</a></li><li id="menu-item-20452" class="menu-item menu-item-type-custom menu-item-object-custom menu-item-20452"><a href="/neighborhoods/midtownwest">Midtown West</a></li><li id="menu-item-20452" class="menu-item menu-item-type-custom menu-item-object-custom menu-item-20452"><a href="/neighborhoods/murrayhill">Murray Hill</a></li><li id="menu-item-20452" class="menu-item menu-item-type-custom menu-item-object-custom menu-item-20452"><a href="/neighborhoods/timessquare">Times Square</a></li></ul></li><li class="menu-item menu-item-type-custom menu-item-object-custom menu-item-has-children"><a href="#">Midtown-Downtown</a><ul class="sub-menu"><li id="menu-item-20361" class="menu-item menu-item-type-custom menu-item-object-custom menu-item-20361"><a href="/neighborhoods/chelsea">Chelsea</a></li><li id="menu-item-20383" class="menu-item menu-item-type-custom menu-item-object-custom menu-item-20383"><a href="/neighborhoods/flatiron">Flatiron</a></li><li id="menu-item-20391" class="menu-item menu-item-type-custom menu-item-object-custom menu-item-20391"><a href="/neighborhoods/gramercy">Gramercy</a></li></ul></li><li class="menu-item menu-item-type-custom menu-item-object-custom menu-item-has-children"><a href="#">Downtown</a><ul class="sub-menu"><li id="menu-item-20371" class="menu-item menu-item-type-custom menu-item-object-custom menu-item-20371"><a href="/neighborhoods/downtown">Downtown</a></li><li id="menu-item-20377" class="menu-item menu-item-type-custom menu-item-object-custom menu-item-20377"><a href="/neighborhoods/east-village">East Village</a></li><li id="menu-item-20381" class="menu-item menu-item-type-custom menu-item-object-custom menu-item-20381"><a href="/neighborhoods/fidi-downtown">Financial District</a></li><li id="menu-item-20393" class="menu-item menu-item-type-custom menu-item-object-custom menu-item-20393"><a href="/neighborhoods/greenwichvillage">Greenwich Village</a></li><li id="menu-item-20452" class="menu-item menu-item-type-custom menu-item-object-custom menu-item-20452"><a href="/neighborhoods/hudson-square">Hudson Square</a></li><li id="menu-item-20452" class="menu-item menu-item-type-custom menu-item-object-custom menu-item-20452"><a href="/neighborhoods/lowereastside">Lower East Side</a></li><li id="menu-item-20452" class="menu-item menu-item-type-custom menu-item-object-custom menu-item-20452"><a href="/neighborhoods/meatpacking-downtown">Meatpacking</a></li><li id="menu-item-20439" class="menu-item menu-item-type-custom menu-item-object-custom menu-item-20439"><a href="/neighborhoods/soho">SoHo</a></li><li id="menu-item-20452" class="menu-item menu-item-type-custom menu-item-object-custom menu-item-20452"><a href="/neighborhoods/tribeca">TriBeCa</a></li><li id="menu-item-20452" class="menu-item menu-item-type-custom menu-item-object-custom menu-item-20452"><a href="/neighborhoods/west-village">West Village</a></li></ul></li></ul></li><li class="menu-item menu-item-type-custom menu-item-object-custom menu-item-has-children "><a href="#">Queens</a><ul class="sub-menu"><li class="menu-item menu-item-type-custom menu-item-object-custom menu-item-has-children"><a href="#">Northwestern</a><ul class="sub-menu"><li class="menu-item menu-item-type-custom menu-item-object-custom "><a href="/neighborhoods/astoria">Astoria</a></li><li class="menu-item menu-item-type-custom menu-item-object-custom "><a href="/neighborhoods/north-corona">North Corona</a></li><li class="menu-item menu-item-type-custom menu-item-object-custom "><a href="/neighborhoods/elmhurst">Elmhurst</a></li><li class="menu-item menu-item-type-custom menu-item-object-custom "><a href="/neighborhoods/forest-hills">Forest Hills</a></li><li class="menu-item menu-item-type-custom menu-item-object-custom "><a href="/neighborhoods/glendale">Glendale</a></li><li class="menu-item menu-item-type-custom menu-item-object-custom "><a href="/neighborhoods/jackson-heights">Jackson Heights</a></li><li class="menu-item menu-item-type-custom menu-item-object-custom "><a href="/neighborhoods/long-island-city">Long Island City</a></li><li class="menu-item menu-item-type-custom menu-item-object-custom "><a href="/neighborhoods/rego-park">Rego Park</a></li><li class="menu-item menu-item-type-custom menu-item-object-custom "><a href="/neighborhoods/ridgewood">Ridgewood</a></li></ul></li><li class="menu-item menu-item-type-custom menu-item-object-custom menu-item-has-children"><a href="#">Northeastern</a><ul class="sub-menu"><li class="menu-item 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class="entry-header clearfix"><h1 class="post-title entry-title p-name">Developer Successfully Assembles Air Rights For Supertall Mixed-Use Tower At 80 South Street</h1></header><div class="entry-thumbnail"> <img width="777" height="493" src="https://newyorkyimby.com/wp-content/uploads/2016/02/80-South-Street-777x493.jpeg" class="u-photo wp-post-image" alt="80 South Street" decoding="async" fetchpriority="high" srcset="https://newyorkyimby.com/wp-content/uploads/2016/02/80-South-Street-777x493.jpeg 777w, https://newyorkyimby.com/wp-content/uploads/2016/02/80-South-Street-300x190.jpeg 300w, https://newyorkyimby.com/wp-content/uploads/2016/02/80-South-Street-768x488.jpeg 768w, https://newyorkyimby.com/wp-content/uploads/2016/02/80-South-Street.jpeg 912w" sizes="(max-width: 777px) 100vw, 777px" /><span class="wp-caption-text">Massing diagram 80 South Street, image via Curbed</span></div><p class="entry-meta"> <span class="entry-meta-author vcard author">By: <a rel="author" class="fn p-author h-card"" href="https://newyorkyimby.com/author/reidwilson">Reid Wilson</a></span> 6:30 am<span class="entry-meta-date updated dt-published"></span> <span class="entry-meta-date updated dt-published"> on February 12, 2016</span></p><div class="entry-content e-content clearfix"><p>This past summer, the U.S. branch of Beijing-based China Oceanwide Holdings made a deal with Howard Hughes Corp. to <a href="http://newyorkyimby.com/2015/08/80-south-street-assemblage-acquired-for-390-million-by-chinese-developer-financial-district.html" target="_blank">acquire the development site</a> at <a href="http://newyorkyimby.com/category/80-south-street" target="_blank">80 South Street</a>, in the Financial District, for $390 million. Now <a href="http://ny.curbed.com/archives/2016/02/10/tall_tower_may_be_coming_to_seaport_after_air_rights_transfer.php" target="_blank">Curbed reports</a> the developer has received approval from the City Planning Commission to transfer 426,940 square feet of air rights to the site. That means a mixed-use building of up to 1,067,350 square feet could be built, of which 512,300 square feet could contain residential units. That could mean a supertall tower at the site along the South Street Seaport. Applications have not been submitted to the Department of Buildings yet, but the latest document suggest the developer will be taking full advantage of the site and a large commercial component is being planned. A design architect has not yet been revealed. A number of low- and mid-rise buildings would first have to be demolished.</p><p><a title="YIMBY Newsletter Sign-Up" href="http://eepurl.com/ZNTFf" target="_blank">Subscribe</a> to the YIMBY newsletter for weekly updates on New York’s top projects</p><p> <a href="http://eepurl.com/c7JhDj"><strong>Subscribe</strong></a> to YIMBY’s daily e-mail<br /> <br /> <a href="https://instagram.com/yimbygram" target="_blank" rel="noopener noreferrer"><strong>Follow</strong></a> YIMBYgram for real-time photo updates<br /> <a href="https://www.facebook.com/YIMBYFB"><strong>Like</strong></a> YIMBY on Facebook<br /> <a href="https://twitter.com/yimbytweets" target="_blank" rel="noopener noreferrer"><strong>Follow</strong></a> YIMBY’s Twitter for the latest in YIMBYnews</p><nav class="breadcrumb"><span>Uncategorized</span></nav></div></article><div class="mh-share-buttons mh-group"><div class="mh-col mh-1-4 mh-facebook"> <a href="#" onclick="window.open('//www.facebook.com/sharer.php?u=https://newyorkyimby.com/2016/02/developer-successfully-assembles-air-rights-for-supertall-mixed-use-tower-at-80-south-street.html&t=Developer Successfully Assembles Air Rights For Supertall Mixed-Use Tower At 80 South Street', 'facebookShare', 'width=626,height=436'); return false;" title="Share on Facebook"><span class="mh-share-button"><i class="fa fa-facebook fa-2x"></i>SHARE</span></a></div><div class="mh-col mh-1-4 mh-twitter"> <a href="#" onclick="window.open('//twitter.com/share?text=Developer Successfully Assembles Air Rights For Supertall Mixed-Use Tower At 80 South Street -&url=https://newyorkyimby.com/2016/02/developer-successfully-assembles-air-rights-for-supertall-mixed-use-tower-at-80-south-street.html', 'twitterShare', 'width=626,height=436'); return false;" title="Tweet This Post"><span class="mh-share-button"><i class="fa fa-twitter fa-2x"></i>TWEET</span></a></div><div class="mh-col mh-1-4 mh-reddit"> <a href="#" onclick="window.open('//reddit.com/submit?url=https://newyorkyimby.com/2016/02/developer-successfully-assembles-air-rights-for-supertall-mixed-use-tower-at-80-south-street.html&title=Developer Successfully Assembles Air Rights For Supertall Mixed-Use Tower At 80 South Street', 'redditShare', 'width=750,height=350'); return false;" title="Reddit This Post"><span class="mh-share-button"><i class="fa fa-reddit fa-2x"></i>SHARE</span></a></div><div class="mh-col mh-1-4 mh-googleplus"> <a href="#" onclick="window.open('https://plusone.google.com/_/+1/confirm?hl=en-US&url=https://newyorkyimby.com/2016/02/developer-successfully-assembles-air-rights-for-supertall-mixed-use-tower-at-80-south-street.html', 'googleShare', 'width=626,height=436'); return false;" title="Share on Google+" target="_blank"><span class="mh-share-button"><i class="fa fa-google-plus fa-2x"></i>SHARE</span></a></div></div><nav class="post-nav-wrap" role="navigation"><ul class="post-nav clearfix"><li class="post-nav-prev"> <a href="https://newyorkyimby.com/2016/02/official-renderings-revealed-of-nordstrom-towers-retail-base-under-construction-at-217-west-57th-street.html" rel="prev"><i class="fa fa-chevron-left"></i>Previous post</a></li><li class="post-nav-next"> <a href="https://newyorkyimby.com/2016/02/landmarks-okays-commercial-renovation-at-348-lafayette-street-noho.html" rel="next">Next post<i class="fa fa-chevron-right"></i></a></li></ul></nav> . <!--googleoff: all--><div class="comments-wrap"><h4 class="comment-section-title"><span class="comment-count">2 Comments</span> <span class="comment-count-more">on "Developer Successfully Assembles Air Rights For Supertall Mixed-Use Tower At 80 South Street"</span></h4><ol class="commentlist"><li class="comment even thread-even depth-1" id="li-comment-9922"><div id="comment-9922"><div class="vcard meta"> Seaport Advocate | <a href="https://newyorkyimby.com/2016/02/developer-successfully-assembles-air-rights-for-supertall-mixed-use-tower-at-80-south-street.html#comment-9922">February 12, 2016 at 9:26 am</a> |</div><div class="comment-text"><p>YES!!!!! Take that seaport snobs. Well done HHC!!!</p></div></div></li><!-- #comment-## --><li class="comment odd alt thread-odd thread-alt depth-1" id="li-comment-9927"><div id="comment-9927"><div class="vcard meta"> Fidiguy | <a href="https://newyorkyimby.com/2016/02/developer-successfully-assembles-air-rights-for-supertall-mixed-use-tower-at-80-south-street.html#comment-9927">February 12, 2016 at 4:55 pm</a> |</div><div class="comment-text"><p>That’s called karma. Boo hoo rich seaport snobs.</p></div></div></li><!-- #comment-## --></ol></div><p class="no-comments">Comments are closed.</p><!--googleon: all--> <!--<div class="alm-disqus" data-disqus-shortname="newyorkyimby"></div> --> <!--googleoff: all--><h4 class="widget-title related-content-title"><span>Related Articles</span></h4><div class="related-content clearfix"><article class="mh-col mh-1-4 content-grid post-1962140 post type-post status-publish format-standard has-post-thumbnail hentry category-uncategorized types-residential neighborhoods-downtown neighborhoods-fidi-downtown"><div class="content-thumb content-grid-thumb"> <a href="https://newyorkyimby.com/2024/09/new-renderings-revealed-55-broad-streets-residential-conversion-in-financial-district-manhattan.html" title="New Renderings Revealed 55 Broad Street’s Residential Conversion in Financial District, Manhattan"><img width="180" height="101" 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