Extell Development has acquired the four-story, 17,000 square-foot commercial building at 530 Sixth Avenue, located on the corner of West 14th Street in Greenwich Village. According to Crain’s, the site could accommodate 126,750 square feet of residential space in the form of a new building. Zoning also allows for commercial and community space, and retail would more than likely be included in a new building. The developer acquired the property for an undisclosed amount from the Duell family, who has already sold a number of other properties around Manhattan to Extell chief Gary Barnett. Development plans have not yet been disclosed and the building’s commercial tenants remain operative for the time being.
A synagogue whose structure served varied purposes before becoming a house of worship will be getting a somewhat unusual expansion and facelift. On Tuesday, the Landmarks Preservation Commission approved a proposal from the Conservative Synagogue of Fifth Avenue, located at 11 East 11th Street, between Fifth Avenue and University Place in Greenwich Village.
This year marked the 50th anniversary of the New York City landmarks law, which empowered the Landmarks Preservation Commission to designate landmarks and historic districts in the five boroughs. With 2015 coming to an end, we thought it would be a good time to review what the commission has protected this year. Six individual landmarks and four historic districts were designated, adding up to protection for over 2,000 more structures.
A four-story building dating back to well before the Civil War, but in quite the state of disrepair, won’t be demolished just yet. On Tuesday, the Landmarks Preservation Commission decided not to approve a proposal to demolish the structure at 327 Bleecker Street and replace it with a new four-story structure. While the commissioners did seem to be open to the demolition, especially given the endorsement of the Department of Buildings, the proposed replacement was not deemed appropriate.
Last year, Brack Capital Real Estate acquired the 12-story former factory building at 627 Greenwich Street, in the West Village, for $105 million, and now the developer is converting the building into 29 condominiums. The latest plans, filed this past summer, have the building measuring 117,594 square feet, which includes 9,257 square feet of retail space on the ground floor for three commercial units. The 29 condos will average 3,735 square feet apiece, and Issac & Stern Architects are designing.