The West Village will soon see a major rise in construction of many new luxury condo buildings, some welcome, some not.
Real Estate Development Update, July 12: According to GVSHP, the State Legislature approved a measure allowing “… the ‘air rights’ from commercial piers within the Hudson River Park to be transferred for use one block inland. This was done without notice, analysis, or the opportunity for the public to comment, and will mean even greater development along our waterfront.
125 Perry Street The 40,000-square-foot Greenwich Village Garage at Greenwich Street is set to be converted or demolished to make way for luxury housing, according to therealdeal.com.
Greenwich Lane This project marks a sad loss that doesn’t add much to the quality of life in the West Village except for a donation to local arts organizations — promised as part of the contentious approval process. The former St. Vincent’s Site will offer 200 Condos in 10 buildings and will go on sale this Fall. It seems unlikely that anyone who currently lives in the neighborhood would be interested in purchasing from the much-despised Rudin Group, but who knows? To see more of the project, go here…
150 Charles Street The old Whitehall Storage building is being remade into 16-story structure with setbacks, allowing for the continued circulation of air and light in the surrounding area. The low, wide building was designed to include a massive amount of green space, and will have red brick exterior walls, as did the old warehouse.
Steven Witkoff, the sponsor of 150 Charles Street Holdings, has made a concerted effort to make the future building and its residents become an integral part of the neighborhood. His love and passion for the West Village is evident when he discusses 150 Charles, and he has reached out to neighborhood groups to assure them that his company and the building will be involved in keeping our community a great place to live. For more information, go here…
130 Seventh Avenue South The one-story structure at Seventh Avenue and 10th Street, which was formerly home to Veranda Restaurant, has been purchased by Keystone group with plans to build a seven-story condominium with retail space at street level. Many in the neighborhood object to this project, and planned to go before The Landmarks Preservation Commission to raise their objections.