Imminent Demolition of 68 Spring Street Leads to 8-Story Mixed-Use Rental Building
The scruffy one-story building at 68-70 Spring Street has a date with demolition. Marching orders were given to the collection of sneaker shops and assorted retail (and FedEx Office before its move across the street) within the last couple months. In other words, the City Marshal paid a visit.
The other sign of demolition, quite literally, were the asbestos abatement printouts that appeared in the windows. Now, it’s the assembly and placement of new scaffolding and sidewalk shed out front.
Once razed, property owner John Zaccaro will impart an eight-story, mixed-use rental building on the site. Per his website:
Ground-up construction of a 8-story mixed use building between Crosby and Lafayette Streets in SoHo. Zaccaro Associates will develop state-of-the-art rental residences. The project is fully entitled and is expected to break ground in January 2017. Due to its prime location, the residences will have views of all of lower Manhattan. With its 14’ high ceilings, the building will be visible from the crossroads of Houston and Broadway.
As of today, however, the luxury project still carries a “disapproved” status by the Department of Buildings.