Developer Moves Forward With Unknown Project At 23-32 Park Row, Financial District

23-32 Park RowPre-demolition 23-32 Park Row, image via Google Maps

L+M Development Partners is moving forward with an unknown development at 23-32 Park Row, in the Financial District. Last week, YIMBY forumers posted that demolition permits have been approved to take down the four-story building at 23-27 Park Row, the five-story property at 29 Park Row, and the five-story structure at 31-32 Park Row. All the buildings were formerly used as commercial-retail space and demolition can commence as soon as the structures are prepped. The property assemblage consists of a 17,855 square-foot plot with just under 150 feet of street front on Park Row. The site can accommodate 267,825 square feet in development potential as-of-right, according to our calculations, and it could sprout an office or hotel building with retail space, or a mixed-use project with residential units.

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4 Comments on "Developer Moves Forward With Unknown Project At 23-32 Park Row, Financial District"

  1. staten islander | January 27, 2016 at 8:42 am |

    That’s the old J & R Music World location.

  2. I’m eager to hear more about this.

    Is it really moving forward, though? The demo permits aren’t that recent. They put up some sidewalk sheds a few months ago, then took them down recently, after doing no obvious work. There seems to be nothing happening on site.

    Demolition is moving forward swiftly next door, at the corner (1 Beekman / 33-34 Park Row). Any update on that project? You guys said it would be a 25-floor condo building. I’d love to see renderings of that.

  3. Aha! Sidewalk sheds just went up again, with scaffolding this time. YIMBY was right: demolition is moving forward. Nice. After these come down, there will be a spectacular, albeit temporary, view of the freshly renovated The Beekman hotel. Of course, whatever rises at this location will surely block views from the new condo tower at The Beekman. Of well.

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