Developer Tears Down 260 Bowery for 8-Story Condo Building
Over at 260 Bowery, nearly two years of posturing culminated this week with the arrival of a wrecking crew. Demolition permits were issued for the Bowery relic back in July 2015, even before its sale and replacement was announced. Nevertheless, the takedown is full speed ahead.
At least two floors are gone from the three-story structure, and all the art with it.
As previously reported, Premier Equities purchased 260 Bowery in November 2015 for $10 million, shortly after word leaked of the forthcoming eight-story replacement. Plans for the newcomer were initially filed with the city six months later (January 2016), yet weren’t approved until last month.
According to the revised paperwork, the new luxury building contains four full-floor apartments capped by a duplex penthouse and rooftop recreation area, all divided across 14,623 square-feet of space; there is also 4,898 square-feet of retail to occupy the ground, cellar, and second floors.
Morris Adjmi Architects is the designer of record on the high-end project, which is the same firm behind its newcomer neighbor 250 Bowery.
260 Bowery previously housed Dixon Place (now on Chrystie Street) and a Chinese kitchen supply company.