New 8-Story Residential Building Planned for 210 Bowery
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210 Bowery has a date with death
It’s been a minute before someone knocked down a Bowery building. Time has come for 210 Bowery. Ready the wrecking ball…
Acadia Realty Trust snapped up 210 Bowery two years ago for $7.5 million, but only now are we seeing their intentions. This is Bowery 2.0, after all, and its architectural stock is apparently not good enough. So, the old-timer will fall for some new luxury development. Naturally.
The Markell-owned restaurant supplier Soho Sammy reportedly triple net-leased the ground level space through the end of last month. And it already vacated, having consolidated its footprint next door in the building it owns – 212 Bowery. When we passed by yesterday, the place was in complete shambles. Our first thought was more nightlife. Plans on file with the Department of Buildings suggest something way bigger.
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Acadia is spending some $3.8 million to erect an eight-story (85 foot) residential building. Presumably condos. The new construction will boast seven full-floor units comprising 12,824 square-feet of floor area; the single commercial space is slated for 1,989 square-feet. Amenities include roof deck, basement storage, and seven bicycle spaces, according to documents on file with the DOB. Plans were approved by the city on Monday, including the zoning diagram below:
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Because 210 Bowery is situated on the west side of the street, it’s beholden to zoning set forth under the Special Little Italy District. That means building heights are limited to 85 feet and facades composed “predominantly of masonry.”
This structure was once upon a time the Monroe Hotel, a haven for the destitute back during the area’s skid row days of the 1930s.
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