The 7-story commercial building at 111 Fulton Street on the northeast corner at William Street in the Financial District is being enlarged to 10 stories and converted to a residential condominium building by Leviev Fulton Club LLC of which Joseph Klaynberg and Lev Leviev are partners.
At one point, the project was being designed by H. Thomas O'Hara and was anticipated to contain 289 apartments, but Karl Fischer is now the architect and the project will contain 163 apartments.
Apartments will range in size from about 450 to 1,800 square feet and the average size is about 900 square feet. Studio apartments are anticipated to be priced initially in the low $400,000s.
The project, which is located between Dutch and William Streets, is expected to be completed in the fall of 2007. It will be clad in limestone and glass.
The redevelopment project will create a new center atrium whose floor area is deducted from the existing building and transferred to its top.
It is close to the former Keuffel & Esser Building at 127 Fulton Street that is being converted into 6 condominium apartments by Andy Kettler of 127 Fulton LLC.
It is also to the east of the planned Fulton Street Transit Mall along Broadway that is being designed by Grimshaw, City Hall Park and Ground Zero and it is not too far from the South Street Seaport.
Mr. Leviev has previously been a partner with Shaya Boymelgreen on several large residential projects here such as 20 Pine Street and 15 Broad Street and this is his first development on his own here.
At one point, the project was being designed by H. Thomas O'Hara and was anticipated to contain 289 apartments, but Karl Fischer is now the architect and the project will contain 163 apartments.
Apartments will range in size from about 450 to 1,800 square feet and the average size is about 900 square feet. Studio apartments are anticipated to be priced initially in the low $400,000s.
The project, which is located between Dutch and William Streets, is expected to be completed in the fall of 2007. It will be clad in limestone and glass.
The redevelopment project will create a new center atrium whose floor area is deducted from the existing building and transferred to its top.
It is close to the former Keuffel & Esser Building at 127 Fulton Street that is being converted into 6 condominium apartments by Andy Kettler of 127 Fulton LLC.
It is also to the east of the planned Fulton Street Transit Mall along Broadway that is being designed by Grimshaw, City Hall Park and Ground Zero and it is not too far from the South Street Seaport.
Mr. Leviev has previously been a partner with Shaya Boymelgreen on several large residential projects here such as 20 Pine Street and 15 Broad Street and this is his first development on his own here.
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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