Trinity Church may build 25-story tower above its FiDi offices

New York /
Jul.July 02, 2013 09:00 AM

Executives at Trinity Church in the Financial District are considering building a 25-story residential tower above its ministry offices, DNAinfo reported.

The church’s vestry will decide later this month whether to replace the 90-year-old buildings at 68-74 Trinity Place or move ahead with a $35 million project to gut, renovate and upgrade them, a Trinity spokeswoman told DNAinfo.

The two proposed designs by architecture firms Cook Fox and Pelli Clarke Pelli would include a six- or seven-story base reserved for the ministry, topped by the tower.

The parish – one of the city’s wealthiest – is a major property owner in the Hudson Square area, with about 6 million square feet of holdings. The plan for a major overhaul of the buildings has split the church, with some arguing that the money should be channeled toward helping the needy.

The Trinity spokeswoman told DNAinfo that future revenue from the residential tower would offset the cost of building the ministry’s new facility. [DNAinfo]Hiten Samtani


Related Articles

arrow_forward_ios
One Soho Square with Stellar Management’s Larry Gluck and Yotpo CEO Tomer Tagrin (LoopNet, Twitter, Gluck Family Foundation)
Yotpo inks 30K sf sublease at Stellar’s One Soho Square
Yotpo inks 30K sf sublease at Stellar’s One Soho Square
27 Vandam Street, Hudson Square (Compass, iStock, Illustration by Kevin Cifuentes for The Real Deal)
Hudson Square townhouse in contract at $15M could break area record
Hudson Square townhouse in contract at $15M could break area record
39 Clarkson Street (Google Maps)
Hudson Square office building sold for $46M
Hudson Square office building sold for $46M
Google CEO Sundar Pichai (Getty/Illustration by Kevin Rebong for The Real Deal)
Google says it won’t claim NYC tax breaks
Google says it won’t claim NYC tax breaks
A rendering of St. John's Terminal with Google CEO Sundar Pichai (COOKFOX Architects, Getty)
Google shatters pandemic record in $2.1B office purchase
Google shatters pandemic record in $2.1B office purchase
Nikolai Fraiture and 42 and 44 King Street (Getty, Google Maps)
“Taken for a Fool”: The Strokes’ Nikolai Fraiture sues co-op
“Taken for a Fool”: The Strokes’ Nikolai Fraiture sues co-op
DivcoWest CEO Stuart Shiff and Jamestown Properties' Michael Phillips with 325 Hudson Street (Google Maps)
DivcoWest buying 325 Hudson for $150M+
DivcoWest buying 325 Hudson for $150M+
 561 Greenwich Street (Credit: Google Maps)
Trinity Church to construct another Hudson Square office tower
Trinity Church to construct another Hudson Square office tower
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...