Trans World Equities has filed applications to redevelop the two four-story commercial buildings at 308-310 Canal Street, in TriBeCa, into a six-story, eight-unit mixed-use structure. The buildings will get a two-story, 3,554-square-foot vertical expansion. Once complete, the redeveloped building will measure 13,776 square feet. There will be 2,146 square feet of retail space on the ground floor, followed by residential units on the second through sixth floors. The units should average 1,454 square feet apiece, indicative of condominiums, and the top two floors will house two duplex apartments. Paul A. Castrucci’s Lower East Side-based architecture firm is the architect of record. The properties are located within the TriBeCa East Historic District, which means the Landmarks Preservation Commission will have to approve the expansion. Curbed NY reported on the project.
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A new piece of work set to the area, good quality on construction arriving.
The buildings were just in such bad shape, but I suppose they have great bones, high ceilings, cast iron loft details. They will spend a fortune upgrading the place structurally. But they are squeezed between the extremely high trafficked Canal Street and Lispenard behind. They better have extremely good noise proof windows if they want luxury prices. There is very narrow side walk. There is no parking.