Residential and office towers in Battery Park City
Development Tracker — Battery Park City

What's Being Built in Battery Park City? A Flood Wall Through 2030, a Raised Wagner Park & Ground-Lease Deals That Run to 2119

Hush Street tracks what's changing in Battery Park City and at the Battery: a flood barrier under construction through 2030, the finished Wagner Park, the Battery's wharf rebuild, lease deals at Brookfield Place, Gateway Plaza and Tribeca Park, 17 Battery Place's new apartments and vacant Pier A.
10
Projects Tracked
Late 2030
North/West Flood Barrier Target
~530
Homes With Extended Rent Limits
220
Apartments in the 17 Battery Place Conversion
Oct. 2026
Updated
Watch → Esplanade Closures Through 2029 Pier A Vacant
By Hush Street Editorial
What’s Changing
→
Flood-barrier pile work moved into South Cove and North Cove Marina.Oct. 2026
→
The South Battery Park City Resiliency Project was declared complete as the Battery Bikeway reopened.Sep. 2026
→
Two condo boards' refusal of easements forced a partial redesign of the South Esplanade flood wall.Jul. 2026
Development Status →
Under Construction3
Interior Fit-Out2
Completed1
Agreements Signed3
Vacant1
See full project list →
PROJECTS FLOOD PROTECTION GROUND LEASES OFFICES & PIER A

Hush Street is tracking what’s being built in Battery Park City and at the Battery.

Battery Park City is a 92-acre neighborhood on state-controlled land: the Battery Park City Authority owns the ground and every private building sits on an Authority lease. No new towers are rising. The construction here is flood protection: the South Battery Park City project, including a Wagner Park raised about 10 feet, was finished in September 2026, and the North/West project is fencing off much of the waterfront esplanade through late 2030.

The other big change is on paper. With ground leases approaching rent resets, the Authority has extended Brookfield Place’s lease to 2119, capped rent increases for about 430 long-time Gateway Plaza households and kept 101 income-restricted apartments at Tribeca Park through 2069. Brookfield Place is also absorbing major office moves.

Where sources disagree on costs or dates, both are given. A permit is not treated as proof that construction has started.

Project Location Status
1North/West Battery Park City Resiliency Project Esplanade from First Place to Tribeca Under Construction
2South Battery Park City Resiliency & Wagner Park Wagner Park at Battery Place Completed
3The Battery Coastal Resilience The Battery wharf Under Construction
4Brookfield Place Ground Lease Vesey & Liberty Sts. at West St. Signed
5Gateway Plaza Rent Protections South End Ave. at Liberty St. Signed
6Tribeca Park (400 Chambers Street) Chambers St. at River Terrace Signed
717 Battery Place Battery Pl. at West St. Under Construction
8250 Vesey Street (Jane Street) Brookfield Place, Vesey St. Interior Work
9200 Liberty Street (Moody's) Brookfield Place, Liberty St. Permitted
10Pier A Battery Pl. at the Hudson Vacant

Flood Protection

One project finished, one under way for four more years, and the city’s own work at the Battery.

1

North/West Battery Park City Resiliency Project

Google Maps of Battery Park City, New York, NY
Battery Park City's waterfront, where the flood barrier is being built, via Google Maps. — Imagery: Google Maps
Address/Location401 South End Avenue, the project runs along the waterfront into Tribeca
Developer/ApplicantBattery Park City Authority; Turner Construction and SPC Construction (design-build), with Arcadis, BIG and SCAPE (YIMBY)
ProjectA flood barrier along Battery Park City’s waterfront and across West Street into western Tribeca, built in seven sections with tide gates. YIMBY reported a $631 million budget; The Broadsheet reported about $1.6 billion, and The City Reporter called the overall effort a $2 billion project.
StatusUnder Construction
Latest UpdateBarrier construction began in early 2026 and reached the West Street crossing and North Esplanade in August. In October, the Authority’s project site reported sheet-pile work in South Cove and micropile work in North Cove Marina, with completion scheduled for late 2030.

Two Condo Boards Said No

The boards of Liberty House and Liberty Terrace refused easements, forcing a partial redesign of the South Esplanade section that the Authority says will cost more and keep the esplanade closed longer, The City Reporter reported. A resident lawsuit was dismissed in June 2026, and the plaintiffs said they would appeal. Pumphouse Park, Kowsky Plaza and the Police Memorial are closed during the work.

Sources: Battery Park City Authority project site (Oct. 2026); The City Reporter (July 2026); New York YIMBY (Sept. 2026); The Broadsheet; NYC DOB NOW flood-barrier jobs (BIN 1089805) (Sept. 2026)

2

South Battery Park City Resiliency & Wagner Park

Google Street View of Wagner Park, Battery Park City, New York, NY
South Battery Park City Resiliency & Wagner Park, via Google Street View. — Imagery: Google Street View
Address/Location20 Battery Place
Developer/ApplicantBattery Park City Authority with The Battery Conservancy; AECOM (resiliency design) and Thomas Phifer and Partners (pavilion)
ProjectFlood protection from the Museum of Jewish Heritage through Wagner Park, Pier A Plaza and the north edge of the Battery, with Wagner Park rebuilt about 10 feet higher and a new pavilion. YIMBY reported a $221 million cost.
StatusCompleted
Latest UpdateThe Authority and The Battery Conservancy marked completion on Sept. 24, 2026 with the reopening of the Battery Bikeway. Wagner Park reopened in July 2025.

The Restaurant Is Still to Come

The Authority chose JD Enterprises, which runs The Migrant Kitchen, to operate the pavilion restaurant, Tribeca Citizen reported. It had been expected to open in 2026, but no date has been announced and its DOB application is still in review.

Sources: Battery Park City Authority (Sept. 2026); New York YIMBY (Sept. 2026); Tribeca Citizen (Sept. 2025); NYC DOB NOW job M01391651-I1 (accessed Oct. 2026)

3

The Battery Coastal Resilience

Google Maps of The Battery, New York, NY
The Battery's waterfront, via Google Maps. — Imagery: Google Maps
Address/LocationThe Battery
Developer/ApplicantNYC Economic Development Corporation with NYC Parks
ProjectRebuilding and raising the Battery’s wharf promenade to withstand sea-level rise expected by 2100. NYCEDC calls it a $200 million investment; YIMBY described $200 million as the first phase’s cost.
StatusUnder Construction
Latest UpdateNYCEDC announced in June 2026 that the first phase was finished. The second phase, which rebuilds the rest of the wharf, is expected to finish in 2027.

Materials by Barge

NYCEDC said materials were delivered by barge, avoiding more than 2,000 truck trips. The Statue of Liberty and Ellis Island ferry boarding area was temporarily moved during the work.

Sources: NYCEDC (June 2026); NYC Lower Manhattan Coastal Resiliency; New York YIMBY (June 2026)

Ground-Lease Deals

As leases near their rent resets, the Authority is trading longer terms for public money and rent limits.

4

Brookfield Place Ground Lease

Google Street View of Brookfield Place, New York, NY
Brookfield Place Ground Lease, via Google Street View. — Imagery: Google Street View
Address/Location200 Vesey Street, Brookfield Place, about 9.4 million square feet
Developer/ApplicantBrookfield Properties; Battery Park City Authority
ProjectAn extension of Brookfield Place’s ground lease from 2069 to 2119 with higher ground rent. The Authority projects about $1.9 billion in value, about $1.5 billion of it for the city and affordable housing citywide.
StatusSigned
Latest UpdateThe Authority executed the modified lease on Dec. 22, 2025, after the agreement was reported in September (The Real Deal).

Fifty More Years

Brookfield committed more than $100 million in further capital improvements, up to $2.5 million for public spaces and up to 10,000 square feet at cost for nonprofits, according to the Authority.

Sources: Battery Park City Authority (Dec. 2025); The Real Deal (Sept. 2025)

5

Gateway Plaza Rent Protections

Google Street View of Gateway Plaza, 345 South End Avenue, New York, NY
Gateway Plaza Rent Protections, via Google Street View. — Imagery: Google Street View
Address/Location345 South End Avenue
Developer/ApplicantLeFrak, the Olnick Organization and Fisher Development; Battery Park City Authority
ProjectAn agreement capping rent increases at 2.5 percent a year through June 2069 for about 430 households that have lived at Gateway Plaza, Battery Park City’s oldest and largest rental complex, since before July 2009 (Battery Park City Authority).
StatusSigned
Latest UpdateThe Authority announced the agreement on Feb. 23, 2026. The protections had been due to expire in July 2030.

Rent Caps Tied to the Flood Wall

The deal also sets a market-based ground rent and fees on future sales, and gives the Authority access to the property for the flood barrier, YIMBY reported.

Sources: Battery Park City Authority (Feb. 2026); New York YIMBY (Mar. 2026)

6

Tribeca Park (400 Chambers Street)

Google Street View of 400 Chambers Street, New York, NY
Tribeca Park (400 Chambers Street), via Google Street View. — Imagery: Google Street View
Address/Location400 Chambers Street
Developer/ApplicantRelated Companies; Battery Park City Authority
ProjectA lease amendment that keeps 81 apartments affordable at up to 50 percent of area median income and adds 20 at up to 130 percent as units turn over, for 101 income-restricted apartments of 396 through 2069 (Related).
StatusSigned
Latest UpdateThe Authority and Related announced the amendment on June 18, 2026. The building’s affordability protections had been set to end in 2029.

Twenty More Restricted Apartments

The deal also replaces rent resets with steady annual ground-rent increases.

Sources: Related Companies and Battery Park City Authority (June 2026); New York YIMBY (June 2026)

Offices, a Conversion & Pier A

Big office moves into Brookfield Place, apartments carved out of an old office building and a landmark pier with no tenant.

7

17 Battery Place

Google Street View of 17 Battery Place, New York, NY
17 Battery Place, via Google Street View. — Imagery: Google Street View
Address/Location17 Battery Place
Developer/ApplicantThe Moinian Group
ProjectConversion of about 150,000 square feet on five floors of a 31-story building into 220 apartments, 55 of them permanently affordable under the 467-m tax program (Multi-Housing News, Commercial Observer).
StatusUnder Construction
Latest UpdateDOB issued the conversion permit on April 7, 2026, and Moinian expects completion in early 2027. Two violations are open, one for construction dust on the third floor.

Apartments in an Office Building by the Battery

The building already has 492 apartments. An earlier, separate conversion permit from 2023 covers other floors.

Sources: Multi-Housing News (Apr. 2026); Commercial Observer (Apr. 2026); NYC DOB NOW job M01266003-I1 and ECB records (Aug. 2026)

8

250 Vesey Street (Jane Street)

Google Street View of 250 Vesey Street, New York, NY
250 Vesey Street (Jane Street), via Google Street View. — Imagery: Google Street View
Address/Location250 Vesey Street
Developer/ApplicantBrookfield Properties; Jane Street (tenant)
ProjectInterior work at the Brookfield Place tower where trading firm Jane Street signed a lease in February 2025 to grow to nearly one million square feet (Commercial Observer).
StatusInterior Work
Latest UpdateDOB issued several interior-renovation permits of about $16 million to $20 million each in March 2026, and related filings were still moving in late October. The recent filings do not name the tenant.

Nearly a Million Square Feet

Jane Street has been in the building since 2014, Commercial Observer reported, and Brookfield gave up some of its own offices to make room.

Sources: Commercial Observer (Feb. 2025); NYC DOB NOW interior jobs (BIN 1000060) (Oct. 2026)

9

200 Liberty Street (Moody's)

Google Street View of 200 Liberty Street, New York, NY
200 Liberty Street (Moody's), via Google Street View. — Imagery: Google Street View
Address/Location200 Liberty Street
Developer/ApplicantBrookfield Properties; Moody’s (tenant)
ProjectMoody’s 460,000-square-foot headquarters, moving in 2027 from 758,000 square feet at 7 World Trade Center (The Real Deal).
StatusPermitted
Latest UpdateBrookfield filed about a dozen interior and mechanical jobs at the tower on July 30, 2026, most now permitted, with another permit issued Oct. 23. The filings do not name Moody’s.

A Headquarters Moves Across West Street

The Real Deal reported that Brookfield signed more than two million square feet of office leases at Brookfield Place in 2025.

Sources: The Real Deal (Dec. 2025); Commercial Observer (Dec. 2025); NYC DOB NOW interior jobs (BIN 1000057) (Oct. 2026)

10

Pier A

Google Street View of Pier A Harbor House, 22 Battery Place, New York, NY
Pier A, via Google Street View. — Imagery: Google Street View
Address/Location22 Battery Place
Developer/ApplicantBattery Park City Authority
ProjectManhattan’s oldest remaining pier, built in 1886 and renovated by the Authority in 2014, empty since its restaurant tenant closed in March 2020.
StatusVacant
Latest UpdateThe Authority’s Pier A page, updated in August 2026, says the building is vacant and closed while the Authority explores future uses. It issued a construction-management request for proposals in 2024, but no award, operator or schedule has been announced.

A Landmark on the New Plaza

The pier now sits on the finished Pier A Plaza and Battery Bikeway, part of the South Battery Park City project.

Sources: Battery Park City Authority (Aug. 2026); Battery Park City Authority procurement (2024); The Broadsheet (Dec. 2021)

What We're Watching Next

Progress on the North/West flood barrier and the redesigned South Esplanade section, any appeal of the dismissed lawsuit, the opening of the Wagner Park restaurant, the second phase at the Battery, the 17 Battery Place apartments and any plan for Pier A are next.

Hush Street also tracks the Financial District, including 5 World Trade Center, Tribeca and the 2 World Trade Center tower.

Header photo: residential and office towers in Battery Park City, 2025, by Kidfly182, via Wikimedia Commons, CC BY 4.0.

By Updated Built from city filings and published reporting. About Hush Street

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