Moving past a resounding rejection from the local community board, Property Markets Group (PMG) is forging ahead with a smaller, as-of-right plan to build a condominium and townhouse development at 111 Leroy Street. On a Belgian block stretch of the street, bestriding leafy West Village and mixed-use Hudson Square, the development will replace a long-time parking lot and small commercial building at the northeast corner of Leroy and Greenwich streets.
Permits filed last year indicate PMG is seeking to build a 10-story condo tower with five adjoining townhouses. In all, the development will span 44,000 square feet, just half the scope PMG asked the community board to approve last year. That abandoned option called for a larger 30-unit condo building anchoring the site’s corner and spanning much of the Leroy Street frontage. Towards the eastern end of the site, they proposed a modest five-story affordable senior supportive housing facility as a concession to build bigger.
PMG’s scaled-down plans call for a narrow condo tower rising 125 feet with just 12 apartments. The five adjacent townhouses at 115, 117, 119, and 121 Leroy Street, as well as 621 Greenwich Street will decrease in height as they approach the Greenwich Street corner. Twenty percent of units constructed will be set aside as affordable housing, and a narrow leg of the project site that touches Morton Street will be reserved as publicly accessible open space.
The contemporary architects at Workshop APD remain the project’s designers. From what we can tell by the sole drawing posted on the construction fence, the collection of buildings will be unified by a consistent rhythm of fenestration and moments where their facades will peel back in layers to yield deeply inset windows. This concept may be a nod to the neighborhood’s history as the Printing District. The layering is most evident along the larger condominium tower where the entire eastern end and the glazed upper five stories feature the motif. Altogether the collection of buildings may resemble a shelf of books, stacks of pages, or the trays of a linotype machine.
Site preparation has just begun, and the small building on the eastern side of the lot is being readied for demolition. A 2008 rezoning legally allowing residential uses to be built in the area, coupled with a scarcity of buildable lots, has turned this last light-manufacturing corner of downtown into a hotbed of condominium activity. On the same block as 111 Leroy, Brack Capital is reimagining the large commercial loft building at 90 Morton Street (627 Greenwich) into 29 large residences. Two blocks west, Ian Schrager with Herzog & de Meuron as architects are prepping an entire block front at Leroy and West Streets for an undulating condominium known as 160 Leroy. Lastly, Workshop APD is wrapping up the design overhaul of condominiums and several townhouses at the nearby Printing House. The few remaining units on the market are priced at an average of $2,166 per square foot.
To view future listings at 111 Leroy Street, visit CityRealty.
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Neighborhoods : West Village