We've been watching the drama unfold on Pearl Street in the Financial District for years now...back to the days in 2003 when preservationists worked to rescue 211 Pearl St. from demolition by Rockrose Development Corp. Well. You know how this story ends. At least they were able to save the façade...
In case you don't know all the back story, here's a quickie from Downtown Express in 2003:
One of only a handful of existing Greek revival buildings that survived the great fire of 1835, 211 Pearl St. was constructed in the early 1830s by William Colgate, the founder of Colgate-Palmolive. Colgate used the building as a warehouse at a time when Pearl St. bustled as a hub for trading in dry goods.
The building's current owner, Rockrose Development Corporation, received demolition permits for 211 Pearl from the city's Buildings Department on Dec. 13, 2002, a Buildings spokesperson said. Rockrose is considering plans to demolish the building to make way for a rear entrance for a new, 650-unit residential development the company is constructing west of Pearl St., near Maiden Lane, Platt and Gold Sts.
"It's kind of ironic that, after having endured the tragedy of 9/11, we're talking about destroying a building that symbolizes the strength and endurance of New York," said Councilmember Alan Gerson.
Curbed ran an update on 211 Pearl yesterday...I don't have much to add to their recap from what I had ready to go...except...the What's Going on Here? sign for the project gives a finish date of Dec. 31, 2008. Definitely by Dec. 31, 2009!
And it's probably a good thing the northern side of the building is windowless...Someday they'll likely be a hotel next door...
Meanwhile, there's just that empty lot...
Complete with a handy place to sneak in...looks like a nice spot for some tags.
By the way! Before 211 Pearl St. was demolished, M. Fine Lumber Co., Inc. in Greenpoint bought all of the building’s pine ceiling beams -- roughly 350 in total. According to an article from the Oct. 7, 2003, Downtown Express:
At 211 Pearl St., only a silver remains of the historic Greek revival building that had stood there since the early 1830s. But elsewhere in the city, parts of the demolished interior have found new life, in a restaurant on the Upper West Side, in a tree guard on E. Fourth St., and possibly even on a music video set for Madonna and Britney Spears.
See if you can spot any pine ceiling beams:
Here's a post I did on the space for Curbed:
Development Plans on Pearl Street Now Short Term