Beck Street Capital, which is headed by Kevin D. Corner, a former head of real estate equity at Deutsche Bank, is converting the commercial building at 30 West 21st Street to residential condominiums.
Karl Fischer is the architect for the conversion.
Last September, the Landmarks Preservation commission granted a certificate of appropriateness for the conversion, which includes a two-story rooftop addition, new window openings, the demolition of an existing fire stair and roll down gate and constructing a new building on a largely empty adjacent lot.
The neo-Renaissance-style loft building was designed by Buchman & Fox and erected in 1907. It is within the Ladies Mile Historic District. The Landmarks Commission noted that "the construction of a new building on this largely vacant lot will create continuity in the streetwall, and therefore contribute to the streetscape."
A building permit for the project issued January 8, 2008 indicated that the 12-story building will have 18 housing units.
An article by Max Abelson in today's edition of The New York Observer reported, however, that the building was sold for $12.5 million in 2004 and was sold the next year for $25 million to Beck Street Capital.
The article also stated that the plan for the building, which is now called Alma, calls for 11 floor-through apartments with about 4,000 square feet each plus a duplex penthouse with rooftop pool and about 3,038 square feet and six terraces and a bigger "townhouse apartment."
The article also noted that Madonna used to be a hat-check girl at Danceteria, a popular disco that was located in the building in the early 1980s.
In February, 2006, Kevin Comer of Beck Street Capital acquired the 12-story commercial building at 625 Broadway between Bleecker and Houston Streets for $37 million.
Other Manhattan properties converted by Beck Street Capital include 369 Bleecker Street.
Karl Fischer is the architect for the conversion.
Last September, the Landmarks Preservation commission granted a certificate of appropriateness for the conversion, which includes a two-story rooftop addition, new window openings, the demolition of an existing fire stair and roll down gate and constructing a new building on a largely empty adjacent lot.
The neo-Renaissance-style loft building was designed by Buchman & Fox and erected in 1907. It is within the Ladies Mile Historic District. The Landmarks Commission noted that "the construction of a new building on this largely vacant lot will create continuity in the streetwall, and therefore contribute to the streetscape."
A building permit for the project issued January 8, 2008 indicated that the 12-story building will have 18 housing units.
An article by Max Abelson in today's edition of The New York Observer reported, however, that the building was sold for $12.5 million in 2004 and was sold the next year for $25 million to Beck Street Capital.
The article also stated that the plan for the building, which is now called Alma, calls for 11 floor-through apartments with about 4,000 square feet each plus a duplex penthouse with rooftop pool and about 3,038 square feet and six terraces and a bigger "townhouse apartment."
The article also noted that Madonna used to be a hat-check girl at Danceteria, a popular disco that was located in the building in the early 1980s.
In February, 2006, Kevin Comer of Beck Street Capital acquired the 12-story commercial building at 625 Broadway between Bleecker and Houston Streets for $37 million.
Other Manhattan properties converted by Beck Street Capital include 369 Bleecker Street.
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.
6sqft delivers the latest on real estate, architecture, and design, straight from New York City.
