Dogged by a litany of financial scandals and numerous construction delays, the recent topping off of 125 Greenwich Street was a short-lived victory for the 88-storey skyscaper as the project hobbles towards completion. Designed by Rafael Viñoly, the graceful, 278-metre high-rise in Lower Manhattan will eventually be home to upwards of 350 residents spread across 273 units. 

125 Greenwich Street, nearing completion, image by Forum contributor steveve

Before this can happen, however, nearly $250 million (USD) in back payments and liens to various developers and construction firms needs to be settled in court, the present owners now in the midst of what will more than likely be a protracted legal affair. Complicated further by the recent defaulting on behalf of the project's lenders, however, the completion date for 125 Greenwich could soon become murkier than ever before. 

125 Greenwich Street, cladding work yet to be done, image by Forum contributor steveve

Financial and legal woes aside, the finished product, whenever it may come, will be a fine addition to New York's Financial District, the slender glass tower very much on-trend. Adjacent to Wall Street, and just steps away from Battery Park, 125 Greenwich Street will be a prime address for day traders and bankers looking for a quick commute. 

125 Greenwich Street, image via Bizzi & Partners

Units will range from studios to three-bedroom suites, with floor plans listed anywhere between 400 and 4,000 square feet. This being Manhattan, prices reflect current market trends, with units beginning in the low millions and going up steadily from there. 

SkyriseCities will be sure to return to this project as progress continues. For more information, check out our associated Database file and Forum thread, and as always, feel free to join the conversation in the comments section below.