The Slow Rise of Morris Adjmi’s Bowery Condo
The latest condo compound to join the Bowery skyline is finally on the rise. Designed by Morris Adjmi Architects, the new luxury development at 260 Bowery is now out of the pit, so to speak, and ascending past a height of roughly five stories.
The eight-story project has been a crawl ever since the building was demolished back in December 2016. Underpinning and foundation work dominated much of the interim, along with a few stop-work orders.
As previously reported, Premier Equities purchased 260 Bowery in November 2015 for $10 million, shortly after word leaked of the forthcoming eight-story replacement. The revised luxury building contains four full-floor apartments capped by a duplex penthouse and rooftop recreation area, all divided across 14,623 square-feet of space; there is also 4,898 square-feet of retail to occupy the ground, cellar, and second floors.
According to the offering plan accepted by the Attorney General, the total sellout price for the building is $37.67 million.
260 Bowery previously housed Dixon Place (now on Chrystie Street) and a Chinese kitchen supply company.