Ironstate shelled out $150 million last year for a 49-year lease at 363 Lafayette Street in NoHo, right in the heart of New York University’s territory. Now, they’re planning a nine-story office building on the site between Great Jones and Bond streets.
Back in August of 2015, developers broke ground on the two-building, 30-unit condominium development planned at 465 Pacific Street (a.k.a. 472 Atlantic Avenue), in Boerum Hill. Brownstoner now reports the southern seven-story portion, located on Pacific Street, has topped out, and the six-story portion, being built on Atlantic Avenue, is three stories above street level. The entire project will encompass 84,767 square feet, and the northern building will include 6,982 square feet of ground-floor retail space. The condos will come in one- to five-bedroom configurations and 14 of them will feature private outdoor space. Amenities include a lounge, a children’s playroom, a gym, a 1,300-square-foot rooftop terrace, and storage space. Aria Development Group and Avery Hall Investments are developing, and Morris Adjmi Architects is designing. Completion is expected in late 2017.
In December of 2013, the Landmarks Preservation Commission approved the planned 14-story, 52-key hotel at 1162 Broadway, between West 27th and 28th streets in NoMad, located within the Madison Square North Historic District. Applications for the project were submitted in May of 2014, but filings were incomplete until yesterday, when Aini Assests filed drawings with the Department of Buildings. The building will have 24,325 square feet of commercial space and there will be a café or restaurant on the ground floor. Morris Adjmi Architects is behind the design. The site is currently occupied by a 26-foot-wide, two-story commercial structure, and demolition permits were filed this past December. The LPC also recently approved plans for a hotel next door at 1164 Broadway.
An aging loft building on Bowery between Houston and Stanton Street may bite the dust for an eight-story apartment building with retail. Morris Adjmi Architects just filed plans for the project at 258 Bowery, on the same block as the New Museum.
New office buildings are a rarity in SoHo, because a combination of landmarking and incredibly high property values normally push developers to build condos if they want a return on their investment. But one builder has bucked the trend and filed plans for a seven-story office building at 134 Wooster Street, between Houston and Prince Streets.
