Excavation is beginning at 199 Chrystie Street for what will become a 14-story, 39,188 square-foot condominium tower with full-floor residences. R. Wade Johnson Design is listed as the architect of record for the the development, which is located on the Lower East Side near the corner of Chrystie Street and Stanton Street. KD Sagamore Capital is the owner and developer, and purchased the property for $20 million. The site was previously occupied by two buildings, 199 and 201 Chrystie Street, whose demolition was completed earlier this year.
The main rendering on the construction fence shows what will likely be a reinforced concrete structure with large glass panels, multiple staggered balconies, and a setback on the 11th floor that will make way for an outdoor terrace. The main elevation is broken up into wide, L-shaped volumes that interlock with one another like a Tetris grid. It appears that there are double-height spaces for each unit, which will be framed by angled, two-story, floor-to-ceiling windows. Several windows will puncture the northern-facing wall in an irregular pattern.
Each unit will measure around 2,565 square feet. The shared rooftop terrace will present views of the Lower East Side and Sara D. Roosevelt Park.
This is one of several new projects that are transforming the neighborhood. Perhaps the most noteworthy of these all is Ian Schrager’s PUBLIC Hotel at 215 Chrystie Street. The 28-story building stands 314 feet tall, has 370 hotel rooms and 11 condominiums, and is less than 300 feet away from 199 Chrystie Street.
Completion of 199 Chrystie Street is slated for two years from now, in April 2021.