NEW YORK CITY-Having scrapped plans last November to build a fourth tower 38 stories in height within the landmarked Silver Towers site, New York University on Wednesday unveiled revised plans for expansion within its Greenwich Village home base. The university says none of the new facilities will exceed the height of the existing towers, which were designed by I.M. Pei and contain a mix of housing for university faculty and co-op apartments.

NYU’s revised plan calls for a 30-story mixed-use tower to be built at the corner of Mercer and Houston streets containing both faculty and student housing and a hotel, and a public school topped by a student dormitory to go up on a university-owned site at Bleecker Street and LaGuardia Place that currently holds a Morton Williams supermarket. It also entails developing three acres of open space on the NYU superblocks.

The university plans to present the plan at a public forum on Monday, March 21. It’s part of the university’s NYU 2031 plan released last spring, which calls for adding up to six million square feet of space citywide in the next two decades. In a release, NYU says it expects to start submitting documents related to environmental review to the Department of City Planning in the coming weeks, with a start date of this coming fall for the city’s Uniform Land Use Review Procedure.

The Greenwich Village Society for Historic Preservation, which has opposed several aspects of the expansion plan, says in a statement that aside from eliminating the fourth tower, “the plan remains basically the same as before.” The group’s executive director, Andrew Berman, told the Wall Street Journal on Wednesday that the planned 30-story tower would make more sense in the Financial District.

NOT FOR REPRINT

© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Paul Bubny

Paul Bubny is managing editor of Real Estate Forum and GlobeSt.com. He has been reporting on business since 1988 and on commercial real estate since 2007. He is based at ALM Real Estate Media Group's offices in New York City.