This Ugly Copper Condo Tower is Proposed for 57 Orchard Street
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The future of 57 Orchard St.
The re-imagining of the Ridley Department Store building (aka Pink Building) on Orchard Street has taken a sudden turn to development. Developer Continental Worsteds, working in tandem with property owner Orchard Street Equities LLC, is in the planning stages to eliminate the stout 57 Orchard and replace it with a monstrous beast of gentrification.
YIMBY reports this morning that a “copper-clad tower” will rise 15 stories and comprise 24,000 square-feet reserved mainly for condo space. Taking design cues from the New Museum, this boxy cantilevered condo will continue the destruction of old-world character on the historic street. DXA Studio is responsible for the design.
Thus far, there are no permits on file for 57 Orchard Street, but an anticipated project completion is sometime in 2017.
Meanwhile, the Pablo’s Birthday gallery still operates on premise.
57 Orchard Street was part of a package deal with the Pink Building back in 2013 that netted $27 million.