NEW YORK | Greenwich West (110 Charlton St.) | 290 FT | 27 FLOORS


#1

Robert Burton of Massey Knakal, the broker on the transaction, confirmed that the building was sold. Burton, who represented seller Stuart Minton, has been working with the owner since 2006, he said.

Real estate attorney Robert Sorin, who represented buyer 537 Greenwich Owner LLC, did not respond to requests for comment.

In 2010, the building was presented by Massey Knakal as part of a possible assembly with adjoining buildings. Although 537-545 Greenwich Street would be the centerpiece of any assembly on that block, the other buildings are not part of this transaction, Burton said.

It’s the first time the building has changed hands in more than four decades.

The building is home to multiple tenants – including Chista, an art showroom. It’s unclear what the new owners will do with the building.

While the property is in “very good shape,” Burton said, some renovations will be needed.


#2

REVEALED: 290-Foot Cantilevering Condo Coming to Hudson Square/West Soho

http://ny.curbed.com/uploads/537-Greenwich-Street-2.jpg
http://ny.curbed.com/uploads/537-Greenwich-Street-11.jpg

A development site at Greenwich and Charlton Streets promises to be among the first to bear fruit from Hudson Square’s 2013 rezoning. Images uncovered on the website of Fernando Romero EnterprisE (FR-EE) detail a 26-floor, 116-unit condominium along the quiet commercial edge of the neighborhood. The L-shaped lot is owned by the developer Cape Advisors, whose forward-thinking projects include 100 Eleventh Avenue and One Kenmare Square.

According to the New York Observer, the 57,500-square-foot warehouse at 537-545 Greenwich Street was purchased along with 42,500 square feet of additional air rights this past spring for the sum of $52 million. The 2013 rezoning allows for as-of-right residential development in the hope of turning the sleepy area into a more vibrant mixed-use neighborhood.

A height limit of 290 feet was set along major avenues and 210 feet on narrower side streets. This partly explains FR-EE’s vigorous use of cantilevering projections and the tower’s energetic, blossoming form. Since the additional air rights from neighboring properties could not be utilized vertically a la “billionaire’s row” the architects masterfully disguised the potentially hulking and jarring horizontal protrusions with a billowing form blown by the Hudson’s hearty down-river winds.

The architects also note: “The cantilevered floors exemplify the strategy of having more square feet in the most profitable area, while also generating outdoor spaces and unique interior layouts.” Amenities will also include on-site parking and a common garden.


#3

#4

I think that design is out and this not as good one is in.


#5

Jesus those faces


#6

seems the new design is confirmed, bummer.

http://www.crainsnewyork.com/article/20171004/REAL_ESTATE/171009954/developers-get-215-million-loan-for-27-story-greenwich-street-tower


#7


#8

the eastern face is very attractive. Some art deco going on here.


#9

This looks good