Posted Oct 11, 2017, 2:26 AM
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NYC/NJ/Miami-Dade
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Join Date: Jul 2013
Location: Riverview Estates Fairway (PA)
Posts: 45,859
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Eh, not a fan. Also, that dumpy 6 floor mid rise looks like it's not budging. But who knows... might be a good development opportunity. Sure would suck for those windows adjacent to it on the future 537 Greenwich.
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Financing Secured For 27-Story Condo Tower At 537 Greenwich Street, Hudson Square
Quote:
Post-rezoning, Hudson Square is bustling with residential redevelopments, with sites like 100 Varick, 100 Vandam, and 565 Broome Street now rising all at once. Another tower will soon join the mix, as Eastern Consolidated has now secured a $215 million construction loan for 537 Greenwich Street, which will be developed by Cape Advisors and Strategic Real Estate LLC.
Permits for the site were filed last year, and its scope will be quite substantial. The zoning area of 228,000 square feet will cover 27 floors and 170 condominiums, which will average over 1,200 square feet apiece.
The rendered design was created by Loci Anima, with Adamson Associates serving as the executive architect, and serves as a “luxurious modern interpretation of a traditional SoHo or Tribeca loft building.”
While the plans show a design that is certainly historically-minded, they won’t actually be realized, as the developers are moving forward with a somewhat different design. However, it will retain the same unit count and general envelope specifications.
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NYY
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