Plaza Construction is pleased to announce that it is completing construction for 125 Greenwich Street, an 88-floor residential tower located in the Financial District. The building features 273 luxury condominium units and is nearing completion, with sales aimed to begin this fall.
“We are thrilled to see this incredible project moving forward,” said Thomas D’Ercole, Executive Vice President of Plaza Construction. “We are honored to have been a part of this project and our team has been incredible from start to finish.”
The building offers 10-foot-high ceilings with views of Hudson River, Battery Park or Lower Manhattan with floor-to-ceiling windows. The top three floors will consist of luxury amenities such as a lap pool, spa, fitness center and private club with views of New York City. The project is 85 percent completed with all that is remaining is finishing touches around the podium, the pinnacle and removing the construction elevator.
A partnership between Bizzi & Partners and Fortress Investment Group was able to secure a $313 million loan from the Northwind Group allowing the project to resume. 125 Greenwich Street is a 3-minute walk from the National September 11 Memorial & Museum, a 5-minute walk from One World Trade Center and a 4-minute walk from the Oculus. Nearby trains are the 1, 4, 5, R, W, J, Z, 2 and 3.
About Plaza Construction
Plaza Construction is one of the nation’s foremost construction management and general contracting firms. Since the company was formed in 1986, it has become a multi-faceted firm with national presence in the industry headquartered in New York, and regional offices. Plaza’s roots are in construction, real estate, investment and development management. Plaza’s experience includes work across various industries and has a unique understanding of the needs of the owner, the developer and the builder – a trifecta that benefits its clients as evidenced in its core portfolio.
