Part of the existing structure will be used in the conversion and vertical enlargement of five to six floors for residential use.
The plywood rendering lists a Winter 2026 completion date.
The garage closed in April 2023 after the Department of Buildings issued a vacate order on the property following the deadly collapse at the Little Man garage on Ann Street in the Financial District.
Per the DOB vacate order: "The occupied parking structure with concrete framing observed to be in a state of disrepair at several locations in cellar level... crushed column base observed at several locations in cellar level ... vertical cracks observed inside elevator shaft and on masonry walls."
The address was offered as a "redevelopment project" in August 2023.
According to public records and the TradedNY account, Arcus Development, operating through Astor Nine LLC, is the new owner of the vacant property.
Previously on EV Grieve:
1 comment:
Hope you're all sitting down.. I love the design of the new building. Hints of late 19th century Vienna without the obvious clunkiness of most post modern buildings. I applaud the architect(s) and the developer for breaking away from the overdone factory windows facade and most thankful for not using that horrible gray brick which is everywhere now.
Post a Comment