KD Sagamore Capital

199 Chrystie Street Passes the Halfway Mark on the Lower East Side

Construction has passed the halfway point on 199 Chrystie Street, a 14-story, 39,188-square-foot condominium building on Manhattan’s Lower East Side. Progress has been swift since YIMBY’s last visit in April 2019, when excavation was still underway. Located near the intersection of Chrystie Street and Stanton Street, the project is designed by R. Wade Johnson Design and is being developed by KD Sagamore Capital, which purchased the plot for $20 million. Two buildings, 199 and 201 Chrystie Street, were demolished to clear the way for the new development.

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Excavation Begins at 199 Chrystie Street on the Lower East Side

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.

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