Soho



19 East Houston Street

Developers Close on Acquisition of 19 East Houston Street, Site of Approved Six-Story Commercial Project, SoHo

Back in October of 2014, developers of the planned six-story, multi-use commercial building at 19 East Houston Street, in SoHo, met with city and community officials and agreed to limit the project’s retail space to under 10,000 square feet, as well as widen the sidewalk. That was after the City Planning Commission already approved the proposal with more retail in August of 2014. Last week, Madison Capital and Vornado Realty Trust closed on the purchase of the triangular, 6,174-square-foot development site for $25.8 million from the New York City Economic Development Corporation (NYCEDC), the Wall Street Journal reports. The latest building permits indicate a 98-foot-tall, 41,267-square-foot building is planned. The commercial space will be broken up between 11,500 square feet of retail space on the cellar through second levels, and 22,751 square feet of boutique office space on the third through sixth floors.

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529 Broadway

Construction Wraps on Six-Story, 44,000-Square-Foot Retail Building at 529 Broadway, SoHo

In September of 2013, the Landmarks Preservation Commission (LPC) approved the design for a six-story, 44,243-square-foot commercial-retail project at 529 Broadway, located on the corner of Spring Street in SoHo. The site, along with much of the neighborhood, is located within the SoHo-Cast Iron Historic District, which means projects are subject to LPC approval. Construction at the building, technically an expansion of an existing two-story structure, is now wrapping up, as seen in photos by Tectonic. The new structure has already received a majority of its curtain wall and work is likely now focused on the interior. When it opens later this year, the entire building will be leased as retail space. BKSK Architects designed the building, and Aurora Capital Associates, Wharton Properties, Thor Equities, and the Adjmi family are the developers.

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