Restoration of Battery Maritime Building along with addition of boutique hotel wins approval. On March 11, 2009, the City Council voted to approve the Economic Development Corporation and Dermot Company’s redevelopment plan for the Battery Maritime Building, located on the southern tip of Manhattan just east of Battery Park.

The 1909 building, once part of the original Whitehall Ferry Terminal, was designated as an individual City landmark in 1967. EDC recently renovated the City-owned building at a cost of about $60 million, and sought proposals for redevelopment and reuse of the site. In July 2007, EDC awarded the interior redevelopment contract to Dermot. Plans for the building include a multi-use venue and public space for the former waiting room on the second floor, and a three-story glass addition and one-story penthouse that will house a 138-room hotel and an indoor/outdoor roof-top bar and restaurant. (read more…)