The five-story mixed-use building at 25 Mercer Street and the three-story property at 27 Mercer Street, located in the SoHo-Cast Iron Historic District, are expected to be converted into a single five-unit condominium building, according to Curbed NY. There will be four full-floor units and a duplex penthouse, and the residences are expected to hit the market this spring. GDS Development is developing and Fogarty Finger is designing the project, dubbed 25 Mercer. Alterations that would go into the conversion would have to be approved by the Landmarks Preservation Commission since the property is located within a historic district.
Aby Rosen’s RFR Realty is planning to open their newly renovated, 221-key boutique hotel at 11 Howard Street, in SoHo, this March. According to the Wall Street Journal, the developer has partnered with several nonprofit groups, including Global Poverty Project and Conscious Commerce, and will give away a percentage of revenue earned from each booking to the charities. The 14-story building will also have a restaurant on the ground floor headed by French chef Stephen Starr. Beyer Blinder Belle is the architect of record, and Walter Radtke’s MGA Architecture headed the design of the restaurant, per filings.
New office buildings are a rarity in SoHo, because a combination of landmarking and incredibly high property values normally push developers to build condos if they want a return on their investment. But one builder has bucked the trend and filed plans for a seven-story office building at 134 Wooster Street, between Houston and Prince Streets.
The Gural family is planning to reconfigure and make upgrades to their six-story, 122,454 square-foot commercial property at 560 Broadway, in SoHo, according to Crain’s. The building, built in 1890 and located within the SoHo-Cast Iron Historic District, will have its main entrance moved to Crosby Street. In the process, Converse – one of two ground-floor retail tenants – will gain 1,500 square feet of space and 30 feet of street frontage. In addition, two of the building’s four stairwells will be removed in exchange for elevators and 8,000 square feet of extra office space. The Landmarks Preservation Commission would have to approve the project, which would also rename the building to 100 Crosby Street. Rosen Johnson Architects is designing.
An over century-old commercial building in SoHo will see new life as a mixed-use building, thanks to the Landmarks Preservation Commission, which approved the conversion on Tuesday. 10 Greene Street, located between Canal Street and Grand Street, will become home to four residential units atop ground floor retail. There will also be restorative work and a rooftop addition.