260 Bowery will be Razed for 8-Story Condo Building

Posted on: September 29th, 2015 at 5:10 am by
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Following in the footsteps of its neighbor, the squat commercial structure at 260 Bowery is ready for upper crust life. Eight stories of luxury, in fact.

Demolition permits were filed two months ago for 260 Bowery, so it’s only a matter of time. From what we understand, property owner Esther Yip (aka Lyco Investment Corp.) is tearing down the building to erect an eight-story condo building with six units. Scope of the project (i.e. skyline status) is somewhat limited due to its zoning restrictions as part of the Special Little Italy District, which caps heights at 85 feet and requires frontage composed mainly of masonry.

The new development is in partnership with Nexus Development and Morris Adjmi Architects. Here is an early rendering of the new condo project, courtesy of Buzz Buzz Home.

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This isn’t completely surprising. While 250 Bowery rose on its southern flank, 260 Bowery suffered. Fissures developed in the exterior masonry, but were eventually plugged once development wrapped. All the while, the building remained vacant, a veteran which previously housed Dixon Place (now on Chrystie) and a Chinese kitchen supply company.

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