What is the approved budget of 161 Maiden Lane?
161 Maiden Lane, also known as 1 Seaport or Seaport Residences, is an unfinished 670-foot (204.2 m) residential tower in Lower Manhattan. Construction began in 2015, the concrete superstructure topped out in September 2018, and work stopped in July 2020 amid contractor, lender and structural disputes. The 60-story tower remains on hold, while its developer has said it still hopes to complete the building.
Approved budget
$273 million
Cost basis: 2017
GrissJrCC BY-SA 4.0
Cost record
How the cost changed
Budgets, contracts and final costs may cover different stages. Each figure keeps its own year and source.
Approved budget
2017$273 million
therealdeal.comFinancing amount
2016$120 million
nycourts.govSpent to date
2025$250 million
newyorker.comProject metrics
Key dimensions
- HeightThe New Yorker
- 204.216 m
Project record
Construction started
Supreme Court of the State of New York2015