The Beekman will be renovated into a hotel, with a conjoined, newly constructed residential tower (51-story, 68 residences – with VIP access/services to hotel). The Beekman is one of the highly anticipated developments leading the dramatic change in Lower Manhattan, and surrounding the World Trade Center. Courtesy GFI Development Company
The Beekman will be renovated into a hotel, with a conjoined, newly constructed residential tower (51-story, 68 residences – with VIP access/services to hotel). The Beekman is one of the highly anticipated developments leading the dramatic change in Lower Manhattan, and surrounding the World Trade Center. Courtesy GFI Development Company
The Beekman will be renovated into a hotel, with a conjoined, newly constructed residential tower (51-story, 68 residences – with VIP access/services to hotel). The Beekman is one of the highly anticipated developments leading the dramatic change in Lower Manhattan, and surrounding the World Trade Center. Courtesy GFI Development Company
The Beekman will be renovated into a hotel, with a conjoined, newly constructed residential tower (51-story, 68 residences – with VIP access/services to hotel). The Beekman is one of the highly antici

Downtown Manhattan looks to attract the super-rich


  • English
  • Arabic

Property developers are turning to historic downtown Manhattan in New York in a bid to attract the super-rich.

Spurred by the government-funded redevelopment of the World Trade Centre in the wake of September 11, increased tourist traffic to ground zero and a wave of international capital flooding to the area after the crash, Manhattan is the place to be once more.

Among the luxury condos springing up in the historic neighbourhood is The Beekman, a redevelopment of a 10-storey red brick Victorian Gothic block into a luxury hotel and a 51-storey glass and steel residential tower.

The Beekman Residences, which are set to feature all modern conveniences, including access to the hotel’s amenities and services, went on sale earlier this month, with prices for a one-bedroom apartment starting at US$1.25 million and three bedroom apartments starting at $3.75m.

The Gothic block being transformed is actually one of New York’s original high-rises. Originally called Temple Court, the 165,000-square-foot tower is built around a nine-storey central atrium surrounded by Victorian iron railings on every floor and topped by a pyramid-shaped Victorian roof of ironwork and glass.

Originally designed as offices for lawyers and intended to look like buildings at the London Inns of Court, the building has over the years been home to firms of publishers, advertising agencies and architects.

Despite the fact it was declared an official New York City landmark in 1998, the building was left uninhabited from 2001, unable to compete with the vast glass and steel tower blocks that have come to typify the area. A number of previous plans to convert it into a hotel were scuppered by the global financial crisis.

Bought in 2012 by New York based developer GFI Development for $64m, the venerable building and a 50-foot-wide site next door are currently being converted into a 287-room hotel due to open in late next year and 68 luxury apartments.

lbarnard@thenational.ae

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THE BIO

BIO:
Born in RAK on December 9, 1983
Lives in Abu Dhabi with her family
She graduated from Emirates University in 2007 with a BA in architectural engineering
Her motto in life is her grandmother’s saying “That who created you will not have you get lost”
Her ambition is to spread UAE’s culture of love and acceptance through serving coffee, the country’s traditional coffee in particular.

'Morbius'

Director: Daniel Espinosa 

Stars: Jared Leto, Matt Smith, Adria Arjona

Rating: 2/5

Brief scores:

Arsenal 4

Xhaka 25', Lacazette 55', Ramsey 79', Aubameyang 83'

Fulham 1

Kamara 69'

The specs: 2018 Chevrolet Equinox

Price, base / as tested: Dh76,900 / Dh110,900

Engine: 2.0L, turbocharged in-line four-cylinder

Gearbox: Nine-speed automatic

Power: 252hp @ 5,500rpm

Torque: Torque: 352Nm @ 2,500rpm

Fuel economy, combined: 8.5L / 100km

The%20Boy%20and%20the%20Heron
%3Cp%3E%3Cstrong%3EDirector%3A%C2%A0%3C%2Fstrong%3EHayao%20Miyazaki%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EStarring%3A%3C%2Fstrong%3E%C2%A0Soma%20Santoki%2C%20Masaki%20Suda%2C%20Ko%20Shibasaki%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ERating%3A%20%3C%2Fstrong%3E5%2F5%3C%2Fp%3E%0A
Our family matters legal consultant

Name: Hassan Mohsen Elhais

Position: legal consultant with Al Rowaad Advocates and Legal Consultants.

if you go
Stage 2

1. Mathieu van der Poel (NED) Alpecin-Fenix 4:18:30

2. Tadej Pogacar (SLV) UAE Team Emirates 0:00:06

3.  Primoz Roglic (SLV) Jumbo-Visma 0:00:06

4. Wilco Kelderman (NED) Bora-Hansgrohe 0:00:06

5. Julian Alaphilippe (FRA) Deceuninck-QuickStep 0:00:08

MATCH INFO

Rajasthan Royals 158-8 (20 ovs)
Kings XI Punjab 143/7 (20 ovs)

Rajasthan Royals won by 15 runs

Panipat

Director Ashutosh Gowariker

Produced Ashutosh Gowariker, Rohit Shelatkar, Reliance Entertainment

Cast Arjun Kapoor, Sanjay Dutt, Kriti Sanon, Mohnish Behl, Padmini Kolhapure, Zeenat Aman

Rating 3 /stars

The specs: 2018 Chevrolet Trailblazer

Price, base / as tested Dh99,000 / Dh132,000

Engine 3.6L V6

Transmission: Six-speed automatic

Power 275hp @ 6,000rpm

Torque 350Nm @ 3,700rpm

Fuel economy combined 12.2L / 100km

UAE currency: the story behind the money in your pockets
UAE%20medallists%20at%20Asian%20Games%202023
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LA LIGA FIXTURES

Saturday  (UAE kick-off times)

Leganes v Getafe (12am)​​​​​​​​​​​​​​

Levante v Alaves (4pm)

Real Madrid v Sevilla (7pm)

Osasuna v Valladolid (9.30pm)

Sunday

Eibar v Atletico Madrid (12am)

Mallorca v Valencia (3pm)

Real Betis v Real Sociedad (5pm)

Villarreal v Espanyol (7pm)

Athletic Bilbao v Celta Vigo (9.30pm)

Monday

Barcelona v Granada (12am)

The specs: 2017 Lotus Evora Sport 410

Price, base / as tested Dh395,000 / Dh420,000

Engine 3.5L V6

Transmission Six-speed manual

Power 410hp @ 7,000rpm

Torque 420Nm @ 3,500rpm

Fuel economy, combined 9.7L / 100km

RECORD%20BREAKER
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How to help

Donate towards food and a flight by transferring money to this registered charity's account.

Account name: Dar Al Ber Society

Account Number: 11 530 734

IBAN: AE 9805 000 000 000 11 530 734

Bank Name: Abu Dhabi Islamic Bank

To ensure that your contribution reaches these people, please send the copy of deposit/transfer receipt to: juhi.khan@daralber.ae