Façade work is nearing the parapet of 102 Charlton Street, a 21-story, 210-foot-tall residential building in Hudson Square. Designed by Ismael Leyva Architects and developed by Lalezarian Properties, which purchased the property in 2010 for $4 million, the property will yield 59,323 square feet and 61 apartments. The project features a dramatic cantilever over an old low-rise structure.
102 Charlton Street
Construction is continuing to climb at 102 Charlton Street, a 21-story, 210-foot-tall residential building in Hudson Square. Designed by Ismael Leyva Architects, the property will contain 61 apartments spread across 59,323 square feet of newly built space, averaging 972 square feet apiece. Developer Lalezarian Properties purchased the lot for $4,000,000 ten years ago, and demolished a five-story structure that was identical to the one that the new structure is now cantilevering over.
A year ago, Lalezarian Properties put a pair of four-story buildings on Charlton Street in Hudson Square on the market for $50 million. No one paid that hefty price, and now principal Kevin Lalezarian has decided to develop the site between Hudson and Greenwich Streets himself.