Another Look at the 7-Story Rental to Destroy 200-Year-Old Federal Row Houses on Grand Street
A row of historically significant Grand Street buildings is one step closer to demolition. Applications were filed with the city last week to erect the seven-story residential structure at 282-286 Grand Street.
We first broke news of this development back in April.
The property owner – former oncologist-cum-art dealer Marc Straus – has major plans to redevelop the 200-year-old assemblage of Federal row houses into a luxury rental with heavy focus on art. Straus, who currently maintains a showroom at 299 Grand Street, partnered with architectural firm Peterson Rich Office and Vito Errico. This latest endeavor is a marked departure from the November 2015 pitch, when the slate of properties initially hit the market as commercial rentals under the “Grand Galleries” moniker.
The revised plans afford twenty one-bedroom apartments encompassing more than 20,000 square-feet, plus ground floor gallery.
Even though demolition permits were filed earlier this year, there hasn’t been much onsite activity. Tentative completion date, however unlikely, is fall 2018.
Here is an updated look at the newcomer…