Nolita


211 Elizabeth Street

City Pushes Forward With Affordable Housing Development At 211 Elizabeth Street, Nolita

The Department of Housing and Preservation has applied for a $6 million grant from the Lower Manhattan Development Corporation to develop affordable housing at 211 Elizabeth Street/21 Spring Street, in Nolita, where the Elizabeth Street Garden currently operates. According to DNAinfo, the city has had plans to build up to 75 residential units at the vacant site since 2012. In September, the LMDC plans to hold a public hearing for the project.


152 Elizabeth Street

Seven-Story, Seven-Unit Condo Project At 152 Elizabeth Street Lands Financing, Nolita

This past spring, The New York Times revealed full renderings of Sumaida + Khurana’s planned seven-story, seven-unit condominium project at 152-154 Elizabeth Street, in Nolita, the same time crews began demolition work on the existing four-story building. Now the developer has landed a $40 million construction loan. The building will have 26,012 square feet of residential space, and units will average a luxury 3,716 square feet apiece. Tadao Ando is the project’s design architect, while Gabellini Sheppard Associates is the applicant of record, and completion is expected in November 2016.


75 Kenmare Street

DHA Capital To Develop Mixed-Use Building At 75 Kenmare Street, Nolita

DHA Capital is in contract to purchase the three-story parking garage located at 75 Kenmare Street, in Nolita, for roughly $50 million, according to Bowery Boogie. The new owner plans to develop a 68,000 square-foot mixed-use building featuring luxury residential units and retail space. Most units will measure closer to 1,000 square feet, smaller than other new-construction condos in the area, according to The Real Deal, who was also the first to report the news.


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