12-Story Luxury Condos to Rise at Soon-to-be-Demolished 40 Bleecker Street

With the addition of yet another luxury condoplex, NoHo is becoming too upper crust for its own good. Next to fall is 40 Bleecker Street, which will be resurrected as twelve stories of residential living.

Preparations for demolition of the brick buildings at 40 Bleecker began earlier this month with the installation of token scaffolding and netting. Now we know why. A teaser site launched yesterday morning reveals the slayer.

Developer Broad Street Development, which scooped up the property for $178.5 million back in 2015 (h/t Curbed), is finally ready to rechristen the spot. Here, a new 12-story tower will rise, boasting 61 one- to three- bedroom apartments (penthouses, too). Other amenities include private parking and a pool. Apartments will begin at under $2 million, with sales expected to launch later this year.

This is an early rendering, and the building is not subject to approval from the Landmarks Preservation Commission. Indeed, this small block is excluded from the protections of the NoHo Historic District.

40 Bleecker joins a well-endowed class of new one-percent constructions in NoHo – Annabelle Selldorf’s 10 Bond, Morris Adjmi’s 11 Great Jones Street, Herzog & de Meuron’s 40 Bond Street, and the under-construction 1 Great Jones Alley.