Construction and engineering mega-firm HAKS brings the first full look at the Lower East Side’s Ace Hotel, slated to open next year at 225 Bowery. The ten-story building was formerly the 101-year home of the Salvation Army Chinatown Shelter, which provided rooms, meals, and services to the city’s homeless population until it shuttered in 2014. The 62,000-square-foot building was purchased for $30 million through a joint venture between the Omnia Group and North Wind Development Group. Building alteration permits were filed by Nataliya Donskoy of ND Architecture and approved that same year, and the historic structure is undergoing a complete gut-renovation and will be topped by a four-story rooftop addition.
Once upon a time, when 6sqft was not yet launched, a group of writers were asked for their thoughts on their favorite building in New York City. Their choices, some easily recognizable and others a little further from the beaten path, were mixed together with those of a few folks a lot like our readers—interested in and passionate about all things New York. The result? A wonderful blend of what makes this city great: its diversity, not simply demographically but also in the opinions of those eight million souls who weave together the fabric of all five boroughs to create the most interesting city in the world. And it stands to reason the most interesting city in the world is home to quite a few interesting buildings. As one might expect, there was barely a duplicate in the bunch. Some weren’t even on our radar!
Is your favorite on the list? If not, we’d love to know what you think in the comments.
Real Esate Wire: Ace Hotel Definitely Coming to Brooklyn; Harlem Penthouse Renting for $10.5K a Month, Fri, July 11, 2014
- Is Jared Kushner plotting to turn 20 apartments into one giant West Village mansion? [Curbed]
- ACE Hotel is indeed coming to Downtown Brooklyn. Permits were just filed for a site along Bond Street. [Brownstoner]
- Harlem rents are up and a landlord is looking to rent a penthouse at 1080 Amsterdam Ave. for $10,500 a month. [NYDN]
- The city’s Industrial Development Agency, an offshoot of the Economic Development Corporation, will vote on $170M tax break for Tishman Speyer’s $3.2 billion Hudson Yards office-and-retail tower. [Capital NY]
- Cities and real estate developers are all peddling bike lanes. [Treehugger]
Images: Ace Hotel in Manhattan (left); Harlem penthouse (right)
New York’s ever-changing culture is reflected in the surge of new neighborhood names that have sprung up recently — LeDel (below Delancey Street), RAMBO (right around the Manhattan Bridge Overpass), or, one of the most inventive, BoCoCa (the area that is intersected by Boerum Hill, Cobble Hill, and Carroll Gardens). Fortunately or unfortunately, none of these creative monikers have stuck. One that has, though, is NoMad (north of Madison Square Park), bound by 25th Street, 30th Street, Avenue of the Americas, and Lexington Avenue.
NoMad has become a go-to place for culture, food, business, and residential opportunities. During the last five years, the neighborhood has seen price-per-square-foot averages rise by 40 percent; the average price per square foot for a condo is now $1,791 compared with $1,279 in 2010.
- Condo Back on the Market After 1 Day: Talk about a fast turnaround. Just one day after selling for $31.7 mil, this condo is being flipped for $10 mil more!
- Design Q&A with Erinn Valencich: The NBC Dream Builder‘s contestant answers a few questions about her design inspirations
- Fort Tilden Beach is Finally Open to the Public: The beach quietly reopened after Hurricane Sandy shut it down for well over a year.
- $250K/Month Palace Suites City’s Priciest: No, you read it right. A month in one of these pricey suites will set you back the cost of a starter home in Atlanta.
- There’s a New Gang in Manhattan: Made you look. Chicago’s most famous architect has just opened a new office in New York City
- Declutter Your Digital Life: It’s time to Spring clean your digital devices. Apartment Therapy will show you how
Images: Erinn Valencich (left), Studio Gang’s Solar Carve Tower (right)
Considering GFI Capital Resources‘ recent acquisition of several Bond Street parcels at the corner of Schermerhorn Street, downtown Brooklyn continues to be ripe for development in the vicinity of the Barclays Center.
According to sources close to the deal, hotel developer Allen Gross, president and CEO of GFI, may be looking to bring Ace Hotel’s unique brand of lodging to the location, joining a growing list of hotels already planned for the area.