Permits Filed: 15-Story Apartment Building at 111 Varick Street, Hudson Square
Madigan Development has filed plans for a 15-story apartment building at 111 Varick Street, on the corner of Broome Street in Hudson Square, just west of Soho.
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Five-Story Garage Marketed As Residential Conversion at 56 North Moore Street, Tribeca
The Calicchio family is marketing the five-story, 41,000 square-foot parking garage at 56 North Moore Street, in Tribeca, as a redevelopment site for $88 million. The property comes with an additional 3,000 square feet of air rights, per The Real Deal, and the garage would probably be converted into luxury residential units. Avison Young is marketing the property.
Cape Advisors Plans Condo Development on West Broadway and Murray Street, Tribeca
Cape Advisors has acquired an assemblage of six buildings on West Broadway between Warren and Murray Streets, in Tribeca, for $50 million. The new owner is planning to demolish the existing properties for a condominium building measuring 46,000 square feet. Cushman & Wakefield marketed the property, and the deal broke $1,000 per square-foot, per Crain’s Business.
Landmarks Wants Re-Think of Re-Development At 28 Liberty Street
In 2013, Fosun International Ltd. bought One Chase Manhattan Plaza. They have re-branded it as 28 Liberty Street and now they want to re-develop the landmark. The proposal includes ground floor retail and major changes to the plaza, and was presented to the Landmarks Preservation Commission on Tuesday, but the commissioners had issues. So, the team will have to re-work their plan before they get the go-ahead.
Permits Filed: 51 Carmine Street, West Village
Landmarking and NIMBYism severely limit new construction in the West Village, but every once in a while, a longtime property owner finds a way to redevelop a small, un-landmarked plot. And so a new building application has been filed for a six-story, 20-unit development at 51 Carmine Street, on the corner of Bedford Street.
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