Nolita

Developer Buys 260 Bowery Site, Plans Eight-Story, Six-Unit Mixed-Use Building, Nolita

10:00 am on November 24, 2015 By Reid Wilson

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.

Two-Story, 4,800 Square-Foot Retail Building Filed At 50 Spring Street, Nolita

2:00 pm on October 22, 2015 By Reid Wilson

Zachary Kleinhandler, of KLM Equities and Brannon Realty, has filed applications for a two-story, 4,826 square-foot commercial-retail building at 50 Spring Street, in Nolita, right around the corner from the 6 train’s stop at Spring Street. The building will contain a mezzanine level between the first and second floors, effectively pushing the building’s roof height to 36 feet above street level. Long Island-based Steven Levine is the architect of record, and permits were filed in August to demolish an existing four-story, three-unit building.

134-138 Bowery in October 2014, image via Google Maps

Developer Closes On 138 Bowery Assemblage, Eight-Story Mixed-Use Development, Nolita

10:00 am on October 22, 2015 By Reid Wilson

Early last September, YIMBY reported on filings for an eight-story mixed-use building, with 64 hotel rooms and 21 residential units, at 134-142 Bowery, in Nolita. Now, developer Emmut Properties has purchased the assemblage for $47 million. The new development will measure roughly 47,000 square feet, and the residential units will probably be rentals, averaging just 659 square feet. Demolition permits were filed over the past year to raze the existing two- and three-story buildings.

New Look: School to Condo Conversion at 34 Prince Street

8:00 am on October 15, 2015 By Rebecca Baird-Remba

The lovely 19th century building at the corner of Prince and Mott Streets in Nolita has been an orphanage, a school, and a convent, but now a developer has begun transforming the landmarked structure into condos. Today, YIMBY has a new rendering of the structure’s restored facade, as well as a series of images based on historic photographs of the property at 34 Prince Street.

Eight-Story Building Revealed At 260 Bowery, Nolita

6:30 am on September 30, 2015 By Reid Wilson

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.

Three-Story Building At 216 Bowery Hits Market As Development Site, Nolita

10:00 am on September 25, 2015 By Reid Wilson

Property owner Robert Balter has tasked Eastern Consolidated to market the vacant three-story, 4,900 square-foot building at 216 Bowery, in Nolita, according to Commercial Observer. The property is being advertised as a development site, and a new building could measure 15,000 square feet. The marketing team estimates the building is likely to fetch north of $4.1 million.

City Pushes Forward With Affordable Housing Development At 211 Elizabeth Street, Nolita

2:00 pm on August 26, 2015 By Reid Wilson

The Department of Housing and Preservation has applied for a $6 million grant from the Lower Manhattan Development Corporation to develop affordable housing at 211 Elizabeth Street/21 Spring Street, in Nolita, where the Elizabeth Street Garden currently operates. According to DNAinfo, the city has had plans to build up to 75 residential units at the vacant site since 2012. In September, the LMDC plans to hold a public hearing for the project.

Seven-Story, Seven-Unit Condo Project At 152 Elizabeth Street Lands Financing, Nolita

11:00 am on August 7, 2015 By Reid Wilson

This past spring, The New York Times revealed full renderings of Sumaida + Khurana’s planned seven-story, seven-unit condominium project at 152-154 Elizabeth Street, in Nolita, the same time crews began demolition work on the existing four-story building. Now the developer has landed a $40 million construction loan. The building will have 26,012 square feet of residential space, and units will average a luxury 3,716 square feet apiece. Tadao Ando is the project’s design architect, while Gabellini Sheppard Associates is the applicant of record, and completion is expected in November 2016.

DHA Capital To Develop Mixed-Use Building At 75 Kenmare Street, Nolita

10:00 am on June 9, 2015 By Reid Wilson

DHA Capital is in contract to purchase the three-story parking garage located at 75 Kenmare Street, in Nolita, for roughly $50 million, according to Bowery Boogie. The new owner plans to develop a 68,000 square-foot mixed-use building featuring luxury residential units and retail space. Most units will measure closer to 1,000 square feet, smaller than other new-construction condos in the area, according to The Real Deal, who was also the first to report the news.

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