The Extell Development Company has obtained financing from the Anglo Irish Bank Corporation PLC to convert the apartment building at 31 West 11th Street in Greenwich Village to residential condominiums.
The attractive, mid-block, 8-story building has about 32 apartments and is on one of the prettiest blocks in Manhattan.
It has a 3-step-up entrance with a 1-story limestone base with three pairs of columns at its entrance. The dark red-brick building has stringcourses at the 2nd, 4th, 5th and 8th floors and attractive marble lunettes above the third floor.
The building has a cornice and an exposed rooftop watertank. Its facade is distinguished by two bays of bay windows in the center.
The pre-war building has globe lanterns on stanchions at its entrance and the facade has a few protruding air-conditioners. It has consistent fenestration with 9 over 1 windows. It has no sidewalk landscaping.
The February 7, 2006 acquisition loan mortgage is for $11,534,220 and a construction loan mortgage is for $4,634,720.
Extell has submitted a "red-herring" offering plan to the Attorney General's office.
Extell Development, of which Gary Barnett is a principal, has become one of the city's most active developers in recent years.
Its projects include the conversion of the former Stanhope Hotel on Fifth Avenue at 81st Street and the Altair on West 20th Street and new projects such as the Orion on West 42nd Street, two towers on Broadway between 99th and 100th Streets, and the southeast corner of Lexington Avenue and 86th Street.
The attractive, mid-block, 8-story building has about 32 apartments and is on one of the prettiest blocks in Manhattan.
It has a 3-step-up entrance with a 1-story limestone base with three pairs of columns at its entrance. The dark red-brick building has stringcourses at the 2nd, 4th, 5th and 8th floors and attractive marble lunettes above the third floor.
The building has a cornice and an exposed rooftop watertank. Its facade is distinguished by two bays of bay windows in the center.
The pre-war building has globe lanterns on stanchions at its entrance and the facade has a few protruding air-conditioners. It has consistent fenestration with 9 over 1 windows. It has no sidewalk landscaping.
The February 7, 2006 acquisition loan mortgage is for $11,534,220 and a construction loan mortgage is for $4,634,720.
Extell has submitted a "red-herring" offering plan to the Attorney General's office.
Extell Development, of which Gary Barnett is a principal, has become one of the city's most active developers in recent years.
Its projects include the conversion of the former Stanhope Hotel on Fifth Avenue at 81st Street and the Altair on West 20th Street and new projects such as the Orion on West 42nd Street, two towers on Broadway between 99th and 100th Streets, and the southeast corner of Lexington Avenue and 86th Street.
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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.
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