Emmut Properties Plans Another 8-Story Development (Condo/Hotel) at Bowery and Broome
With all the recent talk of Emmut Properties on the Bowery these days it’s disheartening to learn of plans in store for the southeast corner of Broome Street. The heart of the endangered lighting district.
The Hell’s Kitchen-based developer acquired the three-story building at 331-337 Broome (aka 151-153 Bowery) back in March 2014. And unlike their new project across the street at 138-142 Bowery – the one that destroyed more than 200 years of NYC history – this development will be both hotel and condo. However, as we’ve previously noted, the east side of the Bowery lacks the height and contextual restrictions. This development will rise eight stories, a “unique blend of retail at street level with hotel suites and residential above,” according to the Emmut literature.
Timetable provided is for demolition/construction to begin later this year (or early 2017), with completion in 2018. So far, there are no permits listed on file with the Department of Buildings, for demolition or otherwise. Expect that to change.
Of course, this means the end of the line for two nascent lighting stores.