Ian Schrager’s Public Hotel Tops Out on Chrystie Street at 28 Stories
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It’s the latest product to cast a shadow on the park. Yep. Ian Scrager’s in-progress Public Hotel at 215 Chrystie Street has ups. The 28-story development finally made it to the top late last week. And without significant impediment (i.e. minimal stop-work orders). It took nine months to ascend, and the condo-hotel now counts itself in the Bowery skyline.
The requisite American flag fluttering in the brisk wind is the tell-tale signal that vertical progress concluded. Now it’s on to beefing up the superstructure.
As previously reported, the self-described “tough luxe” development – acquired by Schrager in 2012 for $50 million – will boast eleven ultra-pricey “one of a kind” condos atop the 370-room Public Hotel. There are three 4BR apartments that are still on the market, according to Streeteasy.
215 Chrystie Street is the first Public-branded hotel for New York City. A second location is also planned for the Dumbo neighborhood in Brooklyn.