Posted on: May 20th, 2014 at 5:15 am by Elie
While Ian Schrager’s new Public hotel on Chrystie Street is not a secret by any means, most of the news has been about behind-the-scenes updates (i.e. permits approvals, etc). Our first real world encounter with the project, however, arrived on scene yesterday. That’s right. The plywood fencing is now a semi-permanent mainstay here at 215 Chrystie Street for the foreseeable future. Get used to it.
With the new addition is also a preview of the madness. A rendering. It shows some layered glasswork that towers far above the Avalon mothership, casting shadows on Sara D. Roosevelt Park.
215 Chrystie Street is the first ever New York City location for Schrager’s “Public” brand, and carries a payload of 28 stories (314 feet). As we’ve previously documented, the first eighteen floors are designated lodging (161,170 square-feet), while the remainder is earmarked for residential use (33,386 square-feet).
Schrager purchased the former Cooper Square Urban Renewal Area development site – currently a garden and parking lot combo – in 2012 for $50 million. Development firm Beyer Blinder Belle, also involved in the new Essex Crossing project, has been retained to design the new lodge.
Winter 2016 is quoted as projected completion date. Seems like a rather rosy prediction, though.