$190M to Build 77 Greenwich St.

Trinity Place Holdings borrowed $189.5 million to build a 300,000-square-foot tower with 90 luxury condominiums at 77 Greenwich St. in the Financial District of Manhattan.

A new school will occupy the first eight floors of the tower and a renovated, landmarked historic building, the Robert and Anne Dickey House. The New York City School Construction Authority will buy a condominium interest in the project, and at substantial completion will finish the interior construction of the school.

The project also includes 7,500 square feet of street-level retail space, and construction of a new handicapped accessible subway entrance on Trinity Place. The project has also received equity from Trinity.

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