88 Clinton Street is Ready for Its 4-Story Vertical Enlargement

Posted on: December 16th, 2014 at 5:00 am by
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There’s just so much upscaling on Clinton Street these days, what with all the recent property sales in the multimillion-dollar range. It’s open season, for sure, and the character of this former frontier is forever changing.

Both 86-88 Clinton Street are still on course for total transformation; renovations have been underway at both properties since fall of 2013. These adjacent properties were snatched up by Seagram properties for $4.5 million and $3.4 million respectively; the estate of William Gottlieb was the previous owner. Scalpel is at the ready.

Let’s start with the stout 88 Clinton Street. This three-story building is to receive a “vertical enlargement” of four additional levels, doubling in height to eighty feet. Before the sale, the unique brick structure had boasted two loft units. DOB permits issued in April of this year, however, indicate that the housing stock will increase by five, including a duplex on the sixth and seventh floors. There will also be a 1,617 square-foot commercial space on the ground level. Aside from the behind-the-scenes paperwork, nothing of note transpired during these interim months. Until last week.

After a brief respite from the ironwork earlier this year, a new sidewalk bridge is back in front of number 88. Here we go again. Blue tarps also stretch across the rooftop to shield from the elements.

And lest we forget the taller sibling at number 86. This storefront was always one of our favorites on Clinton Street. Yet the recent spat of butcher work forever discarded the old-school style of the four retail spaces. Even though those businesses foundered years ago, the classic signage was too cool to remove. According to paperwork with the DOB, the new owners gutted several apartments and combined one residence with the retail space.

These two buildings were previously owned by the billion-dollar estate of William Gottlieb, whose portfolio includes over a hundred properties citywide. They’re also notorious for sitting on real estate for lengthy periods of time.

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86 Clinton Street, January 2012

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