The city’s second-oldest cast iron building has emerged from its scaffolding at 93 Reade Street in Tribeca. The six-story structure, named Obsidian House, is slowly undergoing a conversion from rentals to condos.
The developer, Knightsbridge Properties, sent along these photos of the newly restored facade. The property’s four condos hit the market back in April, and now the interiors are nearly finished. Reps for the project tell us that the full-floor units are complete, and the penthouse is close.
93 Reade Street, photo via Knightsbridge Properties
The lower floors have three two-bedroom units priced from $2,950,000 to $3,100,000, all of which have entered contract. The five-bedroom triplex penthouse is still up for grabs, asking $7,850,000.
One of New York City’s most prominent 19th century families, the Joneses, constructed the building back in 1857. Then the developer named it “Obsidian House” in honor of its “unusual extruded roofline – which evokes jagged forms of volcanic rock,” according to the development’s website.
It started out as a five-story building, but the renovation added a sixth, setback story that’s invisible from the street. The structure also gained about 1,500 square feet of interior space, growing to 10,100 square feet. The facade restoration has also made a world of difference for the Italianate building, which was missing many of its details before work started in 2013.
Lower East Side-based architecture firm WORKac is leading the renovation and conversion.
Knightsbridge picked up the 25-foot-wide property for $4,500,000 in 2011.
93 Reade Street, photo via Knightsbridge Properties
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