Work on an 85-foot tall residential development at 260 Bowery has topped out. The 3,700-square-foot building, which is being designed by Morris Adjmi Architects and developed by Premiere Equities, will yield 14,611 square feet. The eight-story structure will contain five apartments, averaging 2,922 square feet apiece. The property is located in Nolita between Houston Street and Stanton Street and sits across from the New Museum. The site, purchased for $10 million several years ago, replaces an old three-story kitchen supply store, as previously reported by Bowery Boogie.
An aging loft building on Bowery between Houston and Stanton Street may bite the dust for an eight-story apartment building with retail. Morris Adjmi Architects just filed plans for the project at 258 Bowery, on the same block as the New Museum.
Back in September, renderings surfaced of a Morris Adjmi-designed eight-story, six-unit mixed-use building at 258-260 Bowery, in Nolita, and now Premier Equities has acquired the development site for $10 million, according to Commercial Observer, in a deal brokered by RKF. The planned development will total 23,500 square feet, and retail space, totaling 6,610 square feet, will span the cellar through second floors. The upper floors will house condominiums. Residential square footage hasn’t been announced or filed. So, unit sizes aren’t yet available. Demolition began over the summer on the site’s former three-story building.
Lyco Investment Corp. and Nexus Development are planning to build an eight-story, six-unit mixed-use building at 258-260 Bowery, in Nolita, according to Bowery Boogie. The project has not been submitted to the DOB, but permits are already on file to demolish the existing three-story building. A rendering includes some form of commercial space on the ground and second floors, and condos begin on the third floor, meaning full-floor units are likely. Morris Adjmi is designing, and the façade is required to be masonry.