‘Partial Demolition’ of Elizabeth Street Parking Garage Begins Ahead of Luxury Conversion; Hype Banners Arrive Onsite

Posted on: December 4th, 2014 at 5:37 am by
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Nine months ago, developer duo Sumaida + Khurana acquired the commercial building at 152 Elizabeth Street for $21 million with the intention of developing the property. The brick box at the corner of Kenmare Street was subsequently boarded up in anticipation of the wrecking ball. Its replacement is more upper crust glass – a seven-story, 32,000 square-foot luxury condoplex with eight units (including penthouse with roofdeck). Famed Japanese architect Tadao Ando is chief designer, who will reportedly “incorporate a bit of the area’s gritty character.” All residences are two- to five-bedrooms ranging from 1,900 square feet to over 5,000; “bespoke interiors” by Gabellini Sheppard.

Now the conversion begins. And the onsite hype. There’s little in the way of progress, but triumphant banners announcing the eventual arrival are already affixed to the sidewalk bridge.

Meanwhile, the Department of Buildings approved “partial demolition” permits last week to begin the process of conversion. However, formal plans submitted for this “vertical extension” were disapproved by the city agency in October.

Completion date remains pegged at sometime in 2016, give or take a couple years.

The finished facade will look something like this…

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