Grubb Properties and Pink Stone Capital Push 789-Foot Link Apartments Tower at 8 Carlisle Street Toward 2026 Delivery

  Key Points

• 64-story, 789-foot residential skyscraper rising at 8 Carlisle Street in FiDi
•  462 units plus 7,000 square feet of retail from Grubb Properties and Pink Stone Capital
• Construction back on track with summer 2026 completion targeted

Supertall Rental Tower Climbing in the Financial District

Vertical construction is accelerating at Link Apartments 8 Carlisle, a 789-foot residential tower in Manhattan’s Financial District. Developed by Grubb Properties and Pink Stone Capital and designed by Handel Architects, the 64-story project is already climbing above street level. After a temporary stall earlier in the cycle, the reinforced concrete superstructure is now advancing quickly, aided by a tower crane and safety cocoon wrapping the upper floors.

462 Units Plus Retail at the Base

The project will span roughly 326,221 square feet and deliver 462 residential units, with seven to ten apartments per floor. Ground-level plans call for 7,000 square feet of retail, helping activate the Washington and Carlisle Street corner just south of the World Trade Center complex. Amenities target high-end rental demand and include a 63rd-floor lounge, swimming pool, fitness center with terrace access, coworking spaces, entertainment rooms, and full-service building staff.

Architectural Statement in Lower Manhattan

The tower rises from a podium featuring a cantilevered stepped cutout at the corner, followed by a fifth-floor setback before transitioning into a trapezoidal massing toward the crown. Upper levels incorporate stepped setbacks, and renderings show an illuminated metal-clad crown designed to stand out in the Lower Manhattan skyline. At 789 feet, the project ranks among the tallest active construction sites in New York, reinforcing the continued vertical push in FiDi.

What It Means for Investors

The site sat dormant for over 16 years after the demolition of a former parking garage. Its revival signals sustained confidence in Downtown Manhattan’s residential fundamentals. With 462 new units coming online in summer 2026, the project adds meaningful supply to a neighborhood that has steadily transitioned from office-heavy to mixed-use residential. For landlords and brokers, the takeaway is clear. Trophy scale rental product near transit and the World Trade Center continues to command capital and long-term conviction, even in a higher rate environment.