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

152 Elizabeth Street152 Elizabeth Street, rendering by Noë & Associates and The Boundary

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. [The Real Deal]

152 Elizabeth Street

Pre-demolition 152 Elizabeth Street, image via Google Maps

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