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Construction is up to the fifth floor on a new, mid-block, 7-story, through-block residential condominium building at 92 Greene Street in SoHo.

The building also has a 109 Mercer Street address. Both streets, between Prince and Spring Streets, have cobblestones.

The building, which will be known as Mercer Greene, will have 15 apartments. A two-bedroom apartment with 1,534 square feet is priced at about $2,225,000 and a three-bedroom apartment with 3 baths and 2,305 square feet is priced at about $3,515,000.

The building has wider frontage on Greene Street than on Mercer and its location is convenient to many boutiques and well-known restaurants.

The building has been conceived by Andres Escobar and will have a white facade that is reminiscent of many cast-iron 19th Century buildings in the area and it will have a setback at the 6th floor.

The two structures on the site will contain a total of 31,675 square feet and 5,000 square feet of retail space.

The project's sponsor is 92-94 Greene Street Developers LLC, of which Amir Chaluts, is a member, and Team Soho LLC., of which Daniel Perla is a member.

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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.