{"id":15458,"date":"2023-04-15T09:28:50","date_gmt":"2023-04-15T16:28:50","guid":{"rendered":"https:\/\/essential.construction\/news\/new-funding-enables-resumption-of-125-greenwich-street-project\/"},"modified":"2023-04-15T09:28:51","modified_gmt":"2023-04-15T16:28:51","slug":"new-funding-enables-resumption-of-125-greenwich-street-project","status":"publish","type":"post","link":"https:\/\/essential.construction\/news\/new-funding-enables-resumption-of-125-greenwich-street-project\/","title":{"rendered":"New funding enables resumption of 125 Greenwich Street project"},"content":{"rendered":"<p> <a href=\"https:\/\/essential.construction\/files\/membership-default-internal\/\" class=\"memberhide\"><img decoding=\"async\" src=\"https:\/\/essential.construction\/news\/wp-content\/uploads\/sites\/15\/2023\/01\/20220718_175041000_iOS.jpg\" alt=\"-\"><\/a><br\/><br \/>\n<\/p>\n<div>\n<p>NEW YORK \u2014 Plaza Construction has announced financing has been secured on the supertall 125 Greenwich Street project in New York City, enabling the resumption of construction after years of delays. \u00a0<\/p>\n<p>The 88-floor residential tower is located in the financial district and features 273 luxury condominium units. Sales will begin this fall, stated a release.<\/p>\n<p>The building, designed by Rafael Vinoly, is 85 per cent complete. What remains is work around the podium, the pinnacle and removing the construction elevator.<\/p>\n<p>A partnership between Bizzi &amp; Partners and Fortress Investment Group was able to secure a $313 million loan from the Northwind Group allowing the project to resume.<\/p>\n<p>\u201cWe are thrilled to see this incredible project moving forward,\u201d said Thomas D\u2019Ercole, executive vice-president of Plaza Construction, in a statement. \u201cWe are honoured to have been a part of this project and our team has been incredible from start to finish.\u201d<\/p>\n<p>The building offers 10-foot-high ceilings with floor-to-ceiling windows. The top three floors will consist of such amenities as a lap pool, spa, fitness centre and private club with views of New York City.<\/p>\n<\/p><\/div>\n<p><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-5143531171910809\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- News - Bottom -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-5143531171910809\"\r\n     data-ad-slot=\"8320848692\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><br \/>\n<br \/><a href=\"https:\/\/canada.constructconnect.com\/dcn\/news\/usa\/2023\/04\/new-funding-enables-resumption-of-125-greenwich-street-project\" rel=\"nofollow noopener\" target=\"_blank\">This article was originally posted at Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW YORK \u2014 Plaza Construction has announced financing has been secured on the supertall 125 Greenwich Street project in New &#8230; <a title=\"New funding enables resumption of 125 Greenwich Street project\" class=\"read-more\" href=\"https:\/\/essential.construction\/news\/new-funding-enables-resumption-of-125-greenwich-street-project\/\" aria-label=\"Read more about New funding enables resumption of 125 Greenwich Street project\">Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1037],"tags":[357,295],"class_list":["post-15458","post","type-post","status-publish","format-standard","hentry","category-daily-commercial-news","tag-blog","tag-technology","generate-columns","tablet-grid-50","mobile-grid-100","grid-parent","grid-33"],"_links":{"self":[{"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/posts\/15458","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/comments?post=15458"}],"version-history":[{"count":0,"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/posts\/15458\/revisions"}],"wp:attachment":[{"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/media?parent=15458"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/categories?post=15458"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/tags?post=15458"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}