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Lighthouse Real Estate Ventures of Lynbrook, N.Y., was granted a zoning variance from the New York City Board of Standards & Appeals yesterday to build an 11-story residential condominium project at 350 West Broadway in SoHo.

The site is currently occupied by a two-story retail structure that has long been vacant and which will be incorporated into the new structure. Thaddeus Briner of Rogers Marvel PLLC, the architectural firm for the project, told CityRealty.com today that about half of the existing structure will be demolished for the new project.

According to Stephen J. Rizzo, who represented Lighthouse before the board, construction is likely to begin early next year and be completed in the middle of 2007.

Mr. Rizzo said that the project will have about 20 condominium apartments.

The mid-block site is located between Broome and Grand Streets. It has a 120-foot frontage of West Broadway, which is probably the largest such retail space in SoHo.

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Architecture Critic Carter Horsley Since 1997, Carter B. Horsley has been the editorial director of CityRealty. He began his journalistic career at The New York Times in 1961 where he spent 26 years as a reporter specializing in real estate & architectural news. In 1987, he became the architecture critic and real estate editor of The New York Post.