Posted Feb 7, 2022, 10:04 PM
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New Yorker for life
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Join Date: Jul 2001
Location: Borough of Jersey
Posts: 52,878
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NEW YORK | 570 Washington Street | 450 + 400 FT | 36 FLOORS
https://nypost.com/2022/02/07/15-cen...village-tower/
15 Central Park West developer to build $1B luxury tower in West Village
By Steve Cuozzo
February 7, 2022
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Another “Limestone Jesus” — the popular nickname for 15 Central Park West — is poised to soon rise over the Hudson River downtown.
A joint venture partnership of Zeckendorf Development, builders of boldface-filled 15 CPW, and Atlas Capital Group have just signed a hush-hush contract to purchase 570 Washington St. — a 1.3-acre empty lot between Houston and Clarkson streets on the West Side Highway, sources told The Post exclusively.
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The developers plan to erect a $1 billion-plus, roughly 36-story, super-luxury condo tower affording open river and skyline views, according to the sources. Apartments will be priced in the $5,000 per square foot range — unheard of for downtown.
“It’s s all but guaranteed to top every downtown sale price record. The Zeckendorfs plan to replicate their uptown luxury standard,” one source said.
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The Washington Street location at the juncture of the West Village and Soho is immediately north of Google’s planned complex in the St. John’s Terminal building at 550 Washington St. and overlooks Pier 40 in the Hudson River.
It wasn’t immediately known how much Zeckendorf and Atlas are paying current site owner Westbrook Partners. The purchase is expected to close within a few months.
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No brokers were involved, the sources said. The buyers are said to have out-dueled Gary Barnett’s Extell, Steve Roth’s Vornado and Miki Naftali’s Naftali Group for the site.
Details regarding the planned tower are sparse. But sources said it will rise to about 400 feet, nearly three times the height Tribeca’s 70 Vestry St. where some condo units sold for $4,600 per square foot.
The Vestry project was designed by architect Robert A.M. Stern, who also designed Zeckendorf’s 15 Central Park West and Billionaires Row project 520 Park Ave. It wasn’t known whether Stern would also work on 570 Washington St., however.
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Last edited by DetroitSky; Feb 8, 2022 at 1:29 AM.
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