UPDATED, 2:08 p.m., March 26: The Howard Hughes Corporation has entered contract for land just south of its planned 50-story tower at South Street Seaport’s Pier 17. The 8,128-square-foot parcel at 80 South Street has already received the go-ahead from the City Planning Commission to be transformed into a 300,000-square-foot mixed-use tower.
Queens-based Cord Meyer Development has opted to sell the proposal and site itself to Howard Hughes. Morali Architects was behind the design of the tower, which would hold a residential component, a hotel and a community space. [more]