Who would have thought the hottest new address downtown would be along the approach to the Holland Tunnel? Recently, we published a new set of images showing a Renzo Piano-designed condo tower to rise at 565 Broome Street, last week we unveiled S9 Architects’ renderings of a 30-story residential building to rise at 111 Varick Street, and now here’s our first look at another stack of condos slated for 570 Broome Street.
The rendering posted on the project site’s construction fence shows a smart design of staggered setbacks and window groupings that offer an interesting solution to the area’s tightly prescribed building envelopes. Designed by Tahir Demircioglu, builtd‘s facade is composed of a warm stone that clads both the lot-line walls and frames three-story high expanses of glass.
Building plans were approved earlier this year and detail a 60,000 square foot building containing 33 large condominium residences. The owner of the site is listed as SoHo Broome Condos LLC who is suspected to be the Agime Group and their affiliate company, KSK Construction Group. According to The Real Deal, Agime purchased the lots for $31 million in 2014.
The filed floor schedule reveals that there will be a bike room, tenants’ storage, a children’s playroom and a fitness center within the cellar levels, while commercial space will span the first floor. There will be just one unit on the second floor, two units apiece on floors 3–5, three units apiece on floors 6–12, and four full floor units above. The entire 15th and 16th floor will be a single capacious duplex with a private terrace.
While the entrance to the Holland Tunnel sits at the building’s doorstep, we doubt it’s the easy access to Jersey that has sparked the boom. Rather the Hudson Square rezoning approved several years back allows for residential uses to be built in the area. Also, the dearth of buildable sites in the West Village, Soho, and Tribeca may explain why this once overlooked area is receiving more attention.
Units at the nearby condo-hotel, Trump Soho, has attained closing prices well over $2,000 per square foot over the past several years, and new to the market 70 Charlton Street are asking an average of $2,082 per square foot for its 37 available units.
The project site is directly next door to Madigan Development’s 111 Varick Street and replaces the more than 100-year old Our Lady of Vilnius Church that was founded by Lithuanian immigrants in 1910. Image Courtesy of TJ/CityRealty
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- New Views Inside and Out of Renzo Piano’s First New York Residential Building
- S9 Architecture Reveals New Design for Apartment Tower at 111 Varick Street