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Representatives of Tishman Construction and Goldman Sachs told
members of Community Board 1 on Oct. 11 that work would continue
through 2008.
Excavation of the lot at West, Vesey and Murray Streets-Battery
Park City's last remaining undeveloped commercial site-is expected
to take 11 months. Building of the superstructure of the 750-foot-tall,
Henry Cobb-designed tower is expected to last 14 months. Work hours
will be Monday through Friday, 7 a.m. to 5 p.m. and Tishman will
seek permits to work on Saturdays.
Noise was a concern for CB1's Battery Park City Committee, whose
members noted that 30 weeks of drilling -163 holes will be drilled
and then plugged with steel and concrete pilings to support the
building-would coincide with student testing at nearby schools.
Tishman agreed to work around exam schedules should the noise be
a problem, though it was pointed out that the drilling procedure
is not half as loud as pile driving. Similar drilling methods were
used for the piles at 7 World Trade Center.
Tishman will post crossing guards during construction to usher pedestrians
and to guide trucks safely into the site. The development team told
the committee that security will patrol the site 24 hours a day
and that the construction company will have an office on-site to
address community concerns.
Until recently, the property, known as Site 26, was used as a parking
lot. All but three sites in Battery Park City-Sites 3, 23 and 24-have
been developed or have designated developers.
The lower floors of the two-million-square-foot building will occupy
the full lot and house the firm's 75,000-square-foot trading floor.
One hundred and forty feet up, the building will be set back 70
feet to a more slender tower.
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