Construction is rapidly progressing on 570 Washington Street, a 17-story residential building on the border of Manhattan’s West Village and Hudson Square neighborhoods. Designed by COOKFOX with SLCE as the architect of record and developed by Jonathan Rose Companies, Atlas Capital Group, The Baupost Group, and Zeckendorf Development, the structure will yield 175 affordable senior apartments with an average scope of 1,065 square feet, as well as 3,300 square feet of ground-floor retail space. The ground-up development is rising on the same block as the two-tower 80 Clarkson Street complex and is bound by Clarkson Street to the north, West Houston Street to the south, Washington Street to the east, and 80 Clarkson and West Street to the west.
Nearly all sections of the facade have been installed across the exterior of the reinforced concrete superstructure since YIMBY’s last update in early December, when less than half of the floors were enclosed. Crews have mounted the large glass window panels across the ground-floor frontage, and the sidewalks will soon begin to be formed. Meanwhile, parts of the wraparound sidewalk fencing have been removed, the tower crane and hoist that once were seen along the Washington Street elevation have both been removed and disassembled, and dark metal railings along several of the upper-level setbacks are already installed with more to come.
The main rendering above is oriented facing west along West Houston Street, previewing 570 Washington Street’s main eastern elevation and the series of setbacks that will be topped with landscaped terraces. The building will architecturally share a cohesive fenestration design with the two adjacent 80 Clarkson Street towers to the west, also designed by COOKFOX.
Below is an additional rendering of 570 Washington Street, depicting a street-level perspective of the front entrance along the eastern face.
Construction is expected to cost $179 million with approximately $80 million in HOME and city capital funds provided by the New York City Department of Housing, Preservation, and Development. 570 Washington Street is also being financed with a $60 million Citi Bank Construction Loan and a $65.5 million Freddie Forward Permanent Mortgage. Homes at the property will be available to households earning 50 percent of the area median income and below.
570 Washington Street will also feature 5,600 square feet of residential amenities including a community room with a warming kitchen, a health and wellness center, dedicated social service offices, meeting rooms, a computer room and library, and a fitness room. Residents will have access to on-site supportive services, including case management and group programming provided by the Jewish Association Serving the Aging. Settlement Housing Fund will serve as the administrative agent for the project.
The building is being designed to achieve LEED Gold certification and meet Zone Green and Local Law 97 requirements, with sustainable features including an energy-efficient heating and cooling system, water-preserving fixtures, efficient LED lighting, and stepped green roofs.
The nearest subway from the development is the local 1 train at the Houston Street station to the east.
570 Washington Street’s anticipated completion date is slated for December 2026, as noted on site.
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Looks good
Is my math right that this is a about million dollars per affordable senior apartment?
Well done.
Are those seams between the limestone clad panels going to be caulked?
I sure hope so.
seriously? affordable housing units in literally the most expensive neighborhood of Manhattan?