Developed by Witkoff Group and Fisher Brothers, the building is located at the intersection of Murray and West Streets, in the Financial District and Tribeca neighborhoods and close to Battery Park City.

The tower was constructed at the site of the former St. John's University building at 101 Murray Street, which the developers purchased for $200 million in May 2013.

In May 2015, the developers finalized the project's financing after securing an equity investment from a Chinese insurance company and a $445 million construction loan from The Blackstone Group, Deutsche Bank, and M&T Bank.

[4][5] By summer 2015, demolition of the previous structure was complete and construction of the foundation commenced.

[6] The building's residents formerly included American attorney Michael Cohen.