At the intersection of Broadway and East 11th Street andon the edge of Greenwich Village, a new boutique office will soon rise at 799 Broadway thanks to a $70 million purchase by Columbia Property Trust, according to Crain’s. Columbia received a nearly 50% stake in the sale, and will join co-owner Normandy Real Estate Partners. The current structure today will eventually be demolished to make way for the new glass building that will span around 180,000 square feet, and stand 12 stories tall.
Permits have already been filed for the construction of a 13-story mixed-use building at the corner of 14th Street and Sixth Avenue in Greenwich Village, and today, YIMBY has the exclusive first look at renderings. ODA Architecture is responsible for the design of 101 West 14th Street / 531 Sixth Avenue, which will feature a deconstructivist façade composed of stacked blocks. The site is right next to the 14th Street and Sixth Avenue subway station entrance, serviced by the 1, 2, 3, F, M, L and Path trains. Union Square is just two blocks away.
Excavation continues at 181 Mercer Street, the site of New York University’s 1.9 million square-foot expansion in Greenwich Village. The university’s scope of development for the enlarged campus includes razing The Jerome S. Coles Sports Center at 20-40 East Houston Street, and constructing a new 23-story sports center and performing arts facility in its place, which will have an address of 181 Mercer Street.