The very handsome, linked pair of buildings at 72-76 Greene Street, which were once known as the "King of Greene Street," has been acquired by Red Brick Properties from Extell Development Corporation for about $23 million.
The buildings are united by two projecting center bays with free-standing columns on fluted bases that has a portico at street-level and a pediment on the roof-line. The side bays have flat pilasters.
They were originally a warehouse for the Gardner Colby Company, a dry goods dealer, and were designed by Isaac F. Duckworth in 1872 in a very robust style influenced by the French Renaissance revival and Second Empire styles. Mr. Colby endowed the college that is named after him in his hometown of Waterville, Maine.
The building is 10 bays wide and fire escapes were added because of city regulations.
According to Deborah Gutoff of Eastern Consolidated, who represented the buyer with Heidi Burkhart of the same office, the buyer intends to convert the property to large residential condominiums with first floor retail uses. Eastern Consolidated also represented the seller.
The buildings are united by two projecting center bays with free-standing columns on fluted bases that has a portico at street-level and a pediment on the roof-line. The side bays have flat pilasters.
They were originally a warehouse for the Gardner Colby Company, a dry goods dealer, and were designed by Isaac F. Duckworth in 1872 in a very robust style influenced by the French Renaissance revival and Second Empire styles. Mr. Colby endowed the college that is named after him in his hometown of Waterville, Maine.
The building is 10 bays wide and fire escapes were added because of city regulations.
According to Deborah Gutoff of Eastern Consolidated, who represented the buyer with Heidi Burkhart of the same office, the buyer intends to convert the property to large residential condominiums with first floor retail uses. Eastern Consolidated also represented the seller.
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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