Foundation work is now underway on the seven-story, six-unit mixed-use building under development at 34 East 13th Street, located on the corner of University Place in Greenwich Village. The site, on the right half of the image below, can be seen thanks to a photo posted to the YIMBY Forums. The latest building permits indicate the project will measure 22,995 square feet and rise 74 feet in height, not including the bulkhead. There will be 2,135 square feet of retail space on the ground floor, followed by full-floor residential condominiums on the second through seventh floors. The units should average 2,881 square feet apiece. Ranger Properties is the developer and Financial District-based Morris Adjmi Architects is behind the design. Completion is anticipated in 2017.
Taconic Investment Partners, TH Real Estate, and Squire Investments have acquired, for $109 million, the 14-story, 114,000-square-foot commercial building at 817 Broadway, located on the corner of East 12th Street in Greenwich Village. The new owners plan to let the leases of existing office and retail tenants expire so that a top-down renovation can begin, Real Estate Weekly reported. The building would get a redesigned lobby, a complete façade restoration, renovated retail and office space, and upgraded mechanical infrastructure. A construction timeline has not been disclosed. A $102 million acquisition and construction loan has already been secured.
Manhattan is on its way to getting a new historic district. On Tuesday, the Landmarks Preservation Commission calendared designation of the Sullivan-Thompson Historic District.
The chief executive officer of telecom company Altice, Dexter Goei, has filed applications to convert the three-story, 11-unit residential building at 138-140 West 11th Street, in Greenwich Village, into a single-family mansion. The plans were initially revealed over the summer when Goei acquired the 12,000-square-foot property, but the alteration permits offer additional details.
A deteriorating piece of Greenwich Village dating back to the time of President Andrew Jackson will be demolished. On Tuesday, the Landmarks Preservation Commission approved a proposal for a new building at 327 Bleecker Street.