Forever Stalled Delancey Street Condo Tower is Finally Rising

Posted on: March 4th, 2021 at 5:04 am by

Stop the press – there is actual real world progress to report on a long-stalled development at the east end of Delancey Street.

The 12-story “boutique condo” at the corner of Delancey and Pitt Streets has seen some serious progress in recent months, after spending most of its life cycle as a stalled steel skeleton. It’s now nearly halfway to the top.

You’ll recall that the Delancey Bridge Tower – its official birth name in 2012 – changed hands in December 2017 for $29 million. China-based developer New Empire Real Estate Development purchased the property from a group of investors led by Andy Zhu, which had paid $8.7 million six years earlier.

Photo: New Empire Real Estate Development

As previously reported, the design spun a U-turn from the original vision. ODA Architecture is now aboard the 12-story luxury condo project (120 feet), which introduces curved windows and protruding terraces. The final product will boast 58,600 square-feet of residential across 70 condo units that could fetch $2.6 million apiece. Amenities include roof deck, laundry room, lounge, outdoor recreation areas, pet-grooming station, on-site parking, bike room, and storage.

Recent Stories

Gigs to See on the Downtown Music Circuit the Month of August

The downtown music scene is approaching pre-pandemic levels, thanks in large part to increased bookings at many bars, restaurants and nightclubs. August looks more promising than any schedule in the past 16 months. Here are some highlights of upcoming shows this month, along with photographs from a few of the more active venues in July. […]

The Double-Decker Dining Shed on East 4th Street that Almost Happened

The dining shed as we know it is moving on up. Literally. Outside the Izakaya NYC on East 4th Street, workers were spotted assembling a double-decker dining shed on Friday morning. Complete with stairs, second floor, and astroturf. With the mezzanine at eye level with the first-floor apartments. By the evening, word was out and […]

Nolita Sommelier Charged with Setting Fire to Downtown Dining Structures

Photo: Forsythia Fire Department brass last week announced charges against a celebrated sommelier for setting fire to downtown dining structures. Caleb Ganzer, sommelier and partner at wine bar La Compagnie des Vins Surnaturels on Centre Street, was arrested and charged with two counts of felony for three instances of arson, including two at outdoor dining […]

Exit through the Ludlow Street Food Court

Exit through the food court. Indeed, the vacant Ludlow Street lot made famous by Banksy over a decade ago is now a mini food court. Under the radar, too. The first day of operations at 159 Ludlow was apparently Friday, including two food trucks, produce vendors, and picnic table seating. One of the vendors is […]

Stringer Punts on East Side Coastal Resilience Contract

For advocates of East River Park, a brief reprieve. City Comptroller, and former mayoral candidate Scott Stringer did not sign the $1.2 billion construction contract with IPC Resiliency Partners that would kickstart city funding for the East Side Coastal Resilience project. It apparently boils down to missing info and the review period having elapsed. “As […]