New building applications have revealed that a rumored high-end office development is moving forward at 799 Broadway, in Greenwich Village, Manhattan. Global architecture firm Perkins+Will will be in charge of its design.
Original reports said the development of 799 Broadway was limited to a gut renovation of the interior structure and a vertical expansion of the historic corner property. Permits filed this month, however, reveal the construction of a new, 12-story, 182-foot-tall building containing 182,626 square feet of Class-A office space. An additional 10,032 square feet will be dedicated to an unspecified community facility.
The total construction area measures 128,539 square feet.
Originally constructed in 1853 as the St. Denis Hotel, the building was designed by 19th century American architect James Renwick, Jr., who also designed Grace Church across Broadway. The property was purchased in 2016 for $101 million in by Normandy Real Estate Partners and Ares Management, when the building was nearly 100% occupied by short-leased retail storefronts and a local medical office.
Normandy is now reportedly the primary developer following the departure of Ares Management from the joint investment.