The 7-Story 50 Clinton Street Sets Up Sales Office up the Block at Former 20 Peacocks
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Things are rolling along fairly smoothly for DHA Capital, which shelled out $28 million for the seven parcels 50-64 Clinton Street earlier this fall. Now that all the businesses are gone – including the permanent loss of WD-50 – work can commence on dismantling the one-story row and the eventual seven-story replacement. In the meantime, we hear word that the sales office for the new project is already taking shape.
Look no further than 20 Clinton Street, formerly home to 20 Peacocks. The store has been on the market ever since the fashion boutique shuttered in August 2013. Renovations just began this week.
As previously reported, DHA Capital seeks “first-time buyers and young professionals” to fill the one- and two-bedroom apartments, of which there are thirty-seven. The homes will cost north of $1 million. There is also a three-bedroom penthouse. All are on the smaller end of the spectrum. Amenities include roof deck, gym, bicycle storage, and 24-hour doorman.
This predatory development site spelled the end of a half-dozen mom-and-pops that operated in these stores.