Designed by FXCollaborative and Deborah Berke Companions, the Blended-Use Tower is Positioned at 77 Greenwich Avenue in Downtown Manhattan

NEW YORK, March 01, 2023–(BUSINESS WIRE)–Trinity Place Holdings Inc. (NYSE American: TPHS) (the “Firm”) introduced that Jolie on Greenwich has been awarded the Management in Vitality and Environmental Design (LEED) Silver Certification by the U.S. Inexperienced Constructing Council (USGBC). Positioned at 77 Greenwich Avenue within the coronary heart of Decrease Manhattan, Jolie is a boutique glass tower with 90 luxurious residences overlooking New York Harbor, the Hudson River, and Battery Park. Jolie is topped by a penthouse and a rooftop-level suite of facilities, Cloud Membership 77. Deborah Berke Companions designed Jolie’s well-crafted interiors and its amenity suite, in collaboration with FXCollaborative as Jolie’s base constructing architect. Along with its 90 condominium properties and over 7,000 sq. toes of ground-floor retail house, Jolie can also be residence to a model new public elementary college, PS 150.

Developed by the U.S. Inexperienced Constructing Council, LEED certification is a distinguished ranking system that serves as a framework for wholesome, environment friendly, carbon and cost-saving inexperienced buildings. LEED certification permits residences to make use of much less power, fewer sources and entails using protected constructing supplies. Jolie underwent a rigorous vetting course of, together with the incorporation of inexperienced methods to attain power effectivity and supply for wholesome indoor environments.

“Jolie’s standing as a LEED-certified constructing alerts our enthusiasm for the wellbeing and high quality of life for its residents and it additionally passes alongside vital price financial savings to patrons,” stated Matthew Messinger, President and CEO of Trinity Place Holdings. “With its first homebuyers having referred to as Jolie residence for over a yr, we’re proud to work with FXCollaborative and Deborah Berke Companions to finish the constructing this yr.”

“FXCollaborative’s ardour is creating sustainable initiatives that contribute to the well-being of people and communities,” stated Dan Kaplan FAIA, LEED AP, Senior Companion at FXCollaborative. “Reaching LEED Silver is a prestigious milestone for Jolie — an distinctive high-rise in Decrease Manhattan — and a testomony to the dedication of Trinity Place Holdings and our design companions at Deborah Berke Companions to make a optimistic impression on wholesome constructing and dwelling.”

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“Our apply believes in creating timeless structure and interiors that promote group and wellness,” stated Stephen Brockman, LEED AP, Companion at Deborah Berke Companions. “We’re happy that Jolie has achieved LEED Silver affirming our aim to be good stewards of the surroundings.”

Jolie is a sculptural tower of reflective glass, rising from a forged stone base, designed by FXCollaborative, the celebrated architectural agency behind acclaimed New York Metropolis residential developments together with The Greenwich Lane and the brand new Statue of Liberty Museum. Topping out at 500 toes tall, the 42-story LEED Silver-certified mixed-use condominium encompasses a combination of one- to four-bedroom properties, all with views of the Hudson River and New York Harbor. The constructing’s residential façade encompasses a pleated glass curtain wall that gives sweeping water views from every of the properties — which start on the fifteenth ground, roughly 150 toes above road degree —and gives a swish juxtaposition to the heavy masonry of its historic neighbors.

The constructing’s heat interiors, emphasizing professional craftsmanship and pure supplies, have been designed by the famend Deborah Berke Companions, representing the agency’s distinctive imaginative and prescient for Decrease Manhattan. The design of the mission was led by Deborah Berke, Dean of the Yale Faculty of Structure, alongside along with her associate Stephen Brockman.

Residential flooring embody pure light-filled corridors and residences that mix pure magnificence with the comforts of an exceptionally appointed residence. With white oak flooring all through and ceiling heights in extra of 10 toes, the residences boast floor-to-ceiling home windows that present unobstructed water and skyline views from the expanse of pleated crystalline glass. Including to the graciousness and luxury of the layouts, each residence features a powder room, a rarity in new luxurious improvement in New York Metropolis.

Full of pure mild, every of the {custom} Deborah Berke Companions-designed Poliform kitchens options state-of-the-art home equipment from Miele, Sub-Zero, and Wolf, together with honed Blue de Savoie marble counter tops and backsplashes. The grasp loos provide a chilled mixture of honed heat grey Haisa marble flooring, partitions, and counters, accented with quarter-sawn sycamore millwork, and radiant heated flooring. Secondary loos are outfitted with honed Venice terrazzo tile flooring and quarter-sawn oak millwork cupboards, whereas the powder rooms in each residence embody custom-carved Calacatta Lincoln sink bowls and backsplash panels enhanced by sandblasted and brushed Bianco Mist quartzite flooring. Designed to exacting LEED requirements, the properties at Jolie are each environmentally sustainable and splendid.

The suite of facilities, anticipated to be accomplished within the coming months, designed by Deborah Berke Companions emphasizes entertaining, wellness, and play. Headlined by a top-floor lounge often called Cloud Membership 77, each resident is afforded a penthouse view in its expansive areas that embody an art-filled lounge with a hearth, a personal eating room with a catering kitchen, a kids’s playroom, and a double-height health heart. There may be additionally a multi-purpose recreation room and coaching studio with terrace entry.

Jolie additionally gives residents a number of outside areas designed by Future Inexperienced Studio, the Brooklyn-based panorama design agency behind numerous notable commissions together with the Roof Backyard on the Metropolitan Museum of Artwork. These areas embody a 3,600-square-foot rooftop backyard that includes a grassy garden with a play space for youngsters, a meditation deck, and grill stations with ample eating areas and chaise seating. The facilities situated on the Cloud Membership degree under confide in a 950-square-foot outside terrace together with a Japanese rock backyard, whereas a 2,350-square-foot 14th-floor terrace options pergolas and a canine run.

Pricing for remaining stock begins at $1.75 million for a one-bedroom residence. For extra details about Jolie on Greenwich, please go to: www.jolieongreenwich.com.

About Trinity Place Holdings

Trinity Place Holdings Inc. (NYSE American: TPHS) (the “Firm”) is an actual property holding, funding, improvement and asset administration firm. The Firm’s largest asset is presently a property situated at 77 Greenwich Avenue in Decrease Manhattan. 77 Greenwich is nearing completion as a mixed-use mission consisting of a 90-unit residential condominium tower, retail house and a New York Metropolis elementary college, with its first residents having moved into the property. The Firm additionally owns a newly constructed 105-unit, 12-story multi-family property situated at 237 eleventh Avenue in Brooklyn, New York, and, by means of a three way partnership, a ten% curiosity in a newly constructed 234-unit multi-family property situated at 250 North tenth Avenue in Brooklyn, New York. As well as, the Firm owns a property occupied by retail tenants in Paramus, New Jersey. Along with its actual property portfolio, the Firm additionally controls quite a lot of mental property property, together with Filene’s Basement and associated emblems, targeted on the buyer sector, a legacy of its predecessor, Syms Corp. The Firm additionally had roughly $268.0 million of federal web working loss carryforwards in addition to roughly $232.9 million of state and native web working loss carryforwards at September 30, 2022, which can be utilized to scale back its future taxable revenue and capital beneficial properties.

About FXCollaborative:

FXCollaborative leverages broad experience in structure, interiors, and planning to counterpoint our world with accountable, clever, and exquisite design. The agency’s holistic strategy integrates consumer aspirations, an city sensibility, and a celebration of the craft of constructing. FXCollaborative’s work ranges from the dimensions of particular person buildings and interiors—workplace towers, multi-family residences, cultural services, office, Ok-12 and higher-education establishments—to town as a complete, addressing infrastructure and transportation.

About Deborah Berke Companions:

At Deborah Berke Companions, we distill complicated issues—environmental, social, and aesthetic— into significant structure. Our work is transformative: from the reimagination of outdated buildings, to the creation of beautiful new ones. Our buildings create highly effective first impressions and proceed to please. The structure we make captures the values and aspirations of our purchasers and is aware of the distinctive qualities of every place.

We join folks and locations to create significant and lasting experiences: we contemplate how altering daylight shapes a room; how folks transfer right into a website and thru a constructing; how supplies appear and feel by means of repeated use. Our strategy is human-centered in any respect scales, from the broad imaginative and prescient of grasp plans to the targeted particulars of interiors and all the things in between.

We’re a New York-based structure apply of 60 folks. For greater than thirty years now we have made true to-place initiatives across the nation and the world. Every member of our design management possesses a deep and distinct space of experience; collectively we create initiatives with unprecedented applications and surprising architectural expression. Over time, now we have constructed a variety of initiatives for schools and universities, cultural establishments, personal residences, boutique motels, workplace and multifamily developments, and buildings for mission-driven purchasers.

In 2017, we acquired a Nationwide Design Award from the Cooper Hewitt, Smithsonian Design Museum.

Ahead Wanting Statements

This press launch contains forward-looking statements throughout the which means of Part 21E of the Securities Trade Act of 1934, as amended, and the Non-public Securities Litigation Reform Act of 1995. These forward-looking statements are based mostly on present expectations and projections about future occasions and aren’t ensures of future efficiency or outcomes and contain dangers and uncertainties that can’t be predicted or quantified, and, consequently, the precise efficiency of the Firm could differ materially from these expressed or implied by such forward-looking statements. For a extra full description of those and different attainable dangers and uncertainties, please confer with our Annual Report on Kind 10-Ok for the yr ended December 31, 2021, in addition to to our subsequent filings with the Securities and Trade Fee. The forward-looking statements contained herein converse solely as of the date hereof, and we assume no obligation to replace any forward-looking statements, whether or not because of new data, subsequent occasions or in any other case, besides as required by legislation.

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