3 Years Later, 50 Clinton Street Condos Come into Focus

Posted on: June 1st, 2017 at 5:15 am by

There it is. The pseudo-complete condo project at 50 Clinton Street.

Three years after Icon Realty sold its parcels at 50-62 Clinton Street to DHA Capital – it was a record $28.95 million transaction (and a story we first broke) – the development it spawned now boasts its new masonry. The remainder of scaffolding and netting was deposed over the last few days to reveal the facade. You’ll notice that one vertical section is glaringly absent brickwork.

Once fully complete, the luxury development will contain thirty-seven condo apartments (designed by Paris Forino) priced between $1.35 and $3.25 million, 24-hour doorman, gym, and rooftop terraces. There are still only five available units that remain for purchase.

But there is still plenty of construction work ahead, while residents and businesses are stuck holding the bag. Demolition commenced in June 2015, and  while operating a backhoe in head-to-toe Armani. In the intervening years since celebrity broker Fredrik Eklund desecrated the spot in head-to-toe Armani, the constant flow of work between Rivington and Stanton Streets certainly took a toll. Several small businesses voiced concern over a drop in foot traffic due to the bottlenecks and obstructions, and at least one was forced to close (Little Shoe Store). Not to mention the (temporary) loss of public park space in Nathan Straus Playground … and WD-50.

October 2011

Recent Stories

‘Bill Graham and the Rock & Roll Revolution’ Opens at the New-York Historical Society

For many who grew up in a certain era, the name Bill Graham sparks Proustian memories of life-changing rock-and-roll shows. And if you were in San Francisco or New York City, the music impresario’s Fillmore concert venues were the greatest places in the world to see live music. Starting in 1965, Graham was booking and […]

Delancey Street Bodega Robbed at Gunpoint, Suspects at Large

Police are after two men suspected of holding up a Delancey Street bodega at gunpoint. The robbery – caught on camera – happened shortly before 4:30pm at the N&N Delancey Smoke Shop near the southwest corner of Allen Street. One suspect asked the clerk for cigarettes, while the other reportedly demanded money with an assault […]

A Decade Later, the Lowline is Stopped in its Tracks

More than a decade after its conception, the ambitious Lowline project is kaput. Stopped in its tracks due to financial constraints, Crain’s reports. The founders of the $83 million subterranean park – Dan Barasch and James Ramsey – announced this week that the project is no longer viable. That despite years of neighborhood outreach, appearances […]

It’s Enough with the Film Crews in Chinatown [OP-ED]

For Chinatown, it’s a perfect storm. At a time when area businesses are reeling from the “Double-Whammy” of closed streets (due to the fire at 70 Mulberry) and tourists avoiding the area fearing Coronavirus, film productions are also taking away curbside parking. More than four blocks’ worth last Friday. Chinatown stores have long suffered a […]

‘Bulletin Broads’ Feminist Boutique Quits Prince Street

Update your bulletin board. The Bulletin Broads are through with Prince Street. The Brooklyn-based store and feminist collective lasted about three years at 27 Prince before its recent shutter. A poster taped to the window bids farewell to the neighborhood and spins the news. “Peace out, Nolita, it’s been real,” it reads. And also, that […]