It has been over three months since we checked in on nightclub impresario turned real estate developer Ian Schrager’s residential building under construction at 160 Leroy Street, in the West Village. Since then, much has been accomplished.
156 Leroy Street
Foundation work is well underway and approaching street level at 160 Leroy Street, in the West Village, where a 12-story, 57-unit residential building is under development. The latest photo, posted to the YIMBY Forums, was taken by construction chronicler Tectonic. The project will encompass 184,935 square feet and rise 155 feet above street level. The residential units will be condominiums, ranging from 1,000 square feet to a 12,000-square-foot penthouse. The average apartment should measure 2,471 square feet apiece. There will also be a small 834-square-foot retail space on the ground floor. Ian Schrager, Vector Group, and Carlton Group are the developers. Herzog & de Meuron is the design architect and S9 Architecture is the production architect. Completion is anticipated in late 2017.
Excavation work for the new condo building at 160 Leroy Street (a.k.a. 156 Leroy Street), in the West Village, began at least a month ago. But on Thursday, at a little after noon, a groundbreaking ceremony was held.
Back in November of 2015, new details and renderings surfaced of the planned 12-story, 49-unit residential building at 160 Leroy Street, in the West Village, and YIMBY can now report that excavation is underway, as seen in a photo by Tectonic. Developers Ian Schrager, Vector Group, and Carlton Group secured $265 million in financing last month for the 184,935-square-foot project. The condominium units will average a very spacious 2,874 square feet apiece, with units ranging from 1,100 square feet to a 12,000-square-foot penthouse, and amenities include landscaped courtyards and gardens, a 70-foot swimming pool and spa, an entertainment lounge, a kids clubhouse, a gym, and an 834-square-foot restaurant. Herzog & de Meuron is the design architect, S9 Architecture & Engineering is serving as the architect of record, and Christian Liaigre is responsible for the interiors. Completion is expected in 2017.
In the summer of 2014, YIMBY revealed renderings of Ian Schrager’s planned residential building at 160 Leroy Street (a.k.a. 357 West Street), in the West Village, and now The New York Times has an update on the project. The Herzog & de Meuron-designed structure will actually stand 15 stories and accommodate 49 condominium units, which will range from 1,100 to 6,000 square feet. A 12,000 square-foot penthouse will top the building. Madison Cox Associates is also designing a 9,750 square-foot courtyard and Christian Liaigre is designing the interiors. The assemblage’s existing buildings are now being razed, and completion is expected by the end of 2016.