New renderings, depicting the final design, are now available for the 25-story, 115-unit mixed-use building under development at 565 Broome Street (a.k.a. 100 Varick Street), in Hudson Square. The renderings come as sales have launched for the project’s condominiums. The latest building permits indicate the structure will eventually encompass 322,154 square feet and rise 290 feet above street level to its roof, which doesn’t include the bulkhead.
555 Broome Street
Over the summer summer, YIMBY partially revealed renderings for the planned 25-story, 115-unit residential building at 565 Broome Street (a.k.a 100 Varick Street), in Hudson Square. The developers have now secured a $320 million construction loan for the project, according to Crain’s, and Cindat (the U.S. branch of Beijing-based China Cinda Asset Management Co.) also acquired a $135 million stake in the project. The development team – SHVO, Bizzi & Partners Development, Halpern Real Estate Ventures, Aronov Development, and Itzhaki Acquisitions – recently acquired the two-story annex at 555 Broome for $9 million, completing the assemblage.
Back in March, YIMBY posted the first glimpse at the new condominium building coming to 555 Broome Street, in Hudson Square. Renzo Piano was recently revealed to be designing the project, formerly known as 100 Varick Street, which Bizzi & Partners, Itzhaki Aquisitions, and Michael Shvo are developing, and permits went up two weeks ago. Now, YIMBY has a new rendering of the building, giving a much better idea as to its ultimate appearance.