The Real Deal New York

Howard Hughes unveils renderings, partners with Crown for South Street Seaport revamp

March 09, 2012 09:00AM

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Howard Hughes CEO David Weinreb (top), Crown Acquisition Chairman Stanley Chera and a rendering of South Street Seaport's Pier 17

Howard Hughes Corp. finally made renderings public for its planned renovation of South Street Seaport’s Pier 17, and according to the New York Post, it brought in Stanley Chera’s Crown Acquisitions to attract new tenants and help manage the mall.

As previously reported, the new glass-shrouded, three-story mall will take the same footprint as the existing structure, and feature a rooftop park, walkways bisecting the mall and 250,000 square feet of selling space (see the rendering at right).

The SHoP Architects-designed structure will have an open air bottom floor with smaller shops that resemble the city’s streetscape, DNAinfo said. The upper floors, meanwhile, would be used to land traditional anchor tenants, and the roof would feature a 600- to 700-seat concert hall in addition to the park space.

The Post said rents would rival those of prime Soho thoroughfares, with asking prices of about $300 per square foot. The renderings were shown last night at a Community Board 1 meeting and will be presented to the Landmarks Preservation Commission. Howard Hughes needs to finalize an agreement with the city’s Economic Development Corp. by June 30. [Post] and [DNAinfo]

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