How Fortis’ luxury high-rise became the leaning tower of FiDi
New York
Dec 4, 2023

How Fortis’ luxury high-rise became the leaning tower of FiDi

The Maiden Lane project’s lender can foreclose on a project infamously stalled by planning and construction blunders.
241 Water Street (Avison Young, Getty)
New York
Jan 17, 2023

Blue Man Group’s Seaport school building hits market for $28M

Performance troupe’s school, which leased property after 2017 sale, will permanently close this year
Mr. C Seaport hotel sells to South Korean operator for $60M
New York
Jan 16, 2023

Mr. C Seaport hotel sells to South Korean operator for $60M

Luxe 66-key lodging at 33 Peck Slip will no longer operate under Cipriani family brand
250 Water Street and Howard Hughes’ David O’Reilly (Google Maps, Howard Hughes)
New York
Jan 13, 2023

Judge stops Howard Hughes’ Seaport project again, citing “quid pro quo”

Developer will appeal latest ruling against 250 Water Street tower
Douglas Durst with 214 Front Street and 213-217 Front Street (Getty, Google Maps)
New York
Jan 13, 2023

Durst eyes rare sale in Seaport district

Family looks to get $87M for Front Street apartment portfolio
A photo illustration of Ignazio and Maggio Cipriani along with Mr. C Seaport at 33 Peck Slip (Getty, Mr. C Residences, Google Maps)
New York
Oct 13, 2022

Korean firm in talks to buy Cipriani hotel in South Street Seaport

Sono Hospitality eyeing purchase of 66-key Mr. C property from Ghassemieh family
Museum funding snafu sets back Seaport project
New York
Sep 1, 2021

Museum funding snafu sets back Seaport project

City struggling to convey $50M from 250 Water Street developer Howard Hughes
The parking lot at 250 Water Street (New York Public Library)
New York
Aug 30, 2021

What’s next for a 50-year-old parking lot in NYC’s oldest neighborhood?

250 Water Street has long been a battleground, but now a project is on track for approval
The complaint against the tower includes loss of views for current residents in the neighborhood. (Getty)
New York
May 19, 2021

Seaport community groups sue to block Howard Hughes’ Water Street tower

Complaint accuses Landmarks commission of shirking its duties, bowing to political pressure
The Howard Hughes Corporation CEO David O'Reilly (LinkedIn via David O'Reilly)
New York
May 4, 2021

Howard Hughes’ (slightly less) big Seaport project approved

Landmarks commissioners vote 6-2 for 324-foot, mixed-use project
Howard Hughes told to further refine Seaport tower proposal
New York
Apr 8, 2021

Howard Hughes told to further refine Seaport tower proposal

Landmarks commissioners "torn" over 345-foot, mixed-use project
Howard Hughes Corporation CEO David O’Reilly and 250 Water Street (The Howard Hughes Corporation/SOM)
New York
Apr 6, 2021

Critics look down on shorter 250 Water Street

Proponents say the revised designs incorporate community feedback
Previous rendering of 250 Water Street (left) and a new rendering (right) with Howard Hughes Corporation CEO David O’Reilly (The Howard Hughes Corporation/SOM)
New York
Mar 9, 2021

Howard Hughes hopes smaller Seaport project will work this time

Developer reduced project size by about 27%
Howard Hughes’ Saul Scherl and a rendering of 250 Water Street (Getty, The Howard Hughes Corporation/SOM)
New York
Oct 22, 2020

Howard Hughes to launch review process for $1.4B Seaport tower

Company scaled back plans for a nearly 1,000-ft building at 250 Water Street
Howard Hughes Corporation CEO Paul Layne with former CEO David Weinreb (Credit: Getty Images)
New York
Oct 29, 2019

As Howard Hughes tries to right ship, Seaport remains an albatross

Company may reduce equity commitment at South Street Seaport
Howard Hughes CEO David R. Weinreb and South Street Seaport (Credit: NYCgo)
New York
Jul 3, 2019

Amid talks of company sale, Howard Hughes lands $250M loan for Seaport project

Five-year, interest-only loan carries a rate of 6.1%
The site (left) and a rendering of 80 South Street (Credit: Google Maps; rendering via YIMBY by ATCHAIN)
New York
Jun 7, 2019

China Oceanwide takes out $175M loan against supertall Seaport site

Midtown-based DW Partners provided the debt