8-Story Commercial Development Planned for Chinatown ‘Diamond Center’ on the Bowery

Posted on: December 8th, 2017 at 5:00 am by

The Chinatown diamond district is getting cut once again. It wasn’t enough that the Diamond Corner at Hester Street and the Bowery was sacked and replaced with a Bank of America branch.

76 Bowery is coming down, too. And like its neighbor one door to the north, it’ll be redeveloped into an eight-story commercial building.

Prolific Chinatown landlord Stephen Dadourian, owner of 76 Bowery, obtained city approval for demolition back in March. Shortly thereafter, all the vendors in the nondescript Diamond Center were given marching orders. Most dispersed and relocated to the exchange a couple doors north at 82 Bowery. Dadourian also submitted plans for the aforementioned office building earlier this fall, yet, according to public records, the city has yet to approve.

The new construction is constrained by the Special Little Italy District, and will rise 85 feet. It’ll feature 14,488 square-feet of office space divided between the eight floors. The prolific C3D Architecture firm is architect of record on the project.

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