Public Hotel-Adjacent Condo Ascends 4 Stories
The north end of Chrystie Street continues its gilded march toward luxury. Despite the scruffy park at its doorstep.
Owner-developer KD Sagamore, which scooped up 199 and 201 Chrystie over the last several years for a combined $20 million, filed for re-development back in December 2017. The plans included merging both parcels into one tax lot, according to Department of Buildings filings.
As previously reported, the new fourteen-story development will yield 39,188 square-feet of residential space split between 14 apartments, ground level retail, gym, and rooftop terrace. Each apartment will measure roughly 2,565 square-feet on average.
Architect of record is R. Wade Johnson.
Expected completion is Spring 2021.
The elephant in the room, so to speak, is still Sara D. Roosevelt Park, which has been battling a violent drug and homeless problem for years. K2 is prevalent.
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