64 University Place via Bsafal
Money is typically the driver of great design in New York City, and pricey Lower Manhattan neighborhoods continue to receive the city's most notable architectural additions. Underway within the beautiful, urbane, and staunchly-protected confines of Greenwich Village is an 11-story residential venture to bring a cascade of rosy-red arched windows to a midblock site at 65 University Place, between East 10th and 11th Streets. The 55,000-square-foot development will host just 28 condominium residences likely to debut within the next two years.
Construction permits filed in August 2021 call for a modest structure that will accommodate retail space, a community facility, and 28 residential units above. The project represents Indian-based developer Bsafal’s
first foray into the United States. The firm, in partnership with Argo Real Estate, purchased the site for $30 million in July 2019 and in February 2021, demolition permits were filed to take down the nondescript four-story commercial building at 64-66 University Place. While the offices on upper floors were long vacant, the ground-floor retail tenant, gourmet grocer Agata & Valentina, had announced plans to close following a dramatic rent increase at the end of 2019.
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While designer Kohn Pedersen Fox's New York City portfolio includes such skyscrapers as Two Waterline Square and 111 Murray Street, the new building will rise to a more moderate scale of 125 feet high. Renderings depict a context-sensitive structure that holds University Place's strong streetwall and faces its main facade with oversized arched windows framed by corbelled brickwork.
Previous building via Avison Young
(February 2022)
The development site is located just outside the Greenwich Village Historic District, which local preservationists have fought to expand east towards Broadway for a number of years. They also argued for the protection of 64-66 University Place on grounds that it was once the offices of Grove Press. While only a tenant in the building from 1959 to 1964, prior to moving to a larger space up the street, the influential yet controversial publisher was quite busy during that time: They completed successful legal challenges on behalf of Lady Chatterley’s Lover and Tropic of Cancer, released the American edition of Naked Lunch, and published gay-themed fiction and the previously banned writings of the Marquis de Sade.
The demolition of the pre-existing building is now complete; but in September 2021, New York State determined that a proposed South of Union Square Historic District (which would include this site) is eligible for the State and National Registers of Historic Places. The Landmarks Preservation Commission has yet to weigh in on the designation.
Homes will overlook genteel University Place lined with historic buildings such as Devonshire House
Facade detail of 64 University Place via Bsafal
According to the team, the building will host a diverse mix of layouts, ranging from studios to palatial penthouses. There will be nine one-bedrooms, 13 two-bedroom units, four three-bedrooms, and two penthouse units. Amenities are to include a 24-hour doorman and a state-of-the-art gym with a steam room.
While prices have yet to be disclosed, we can say with certainty that the apartments will be expensive: CityRealty data puts the average price of a Greenwich Village condo at $2,160 per square foot. With just a smattering of condos rising in recent years, cooperatives remain the prevalent housing type. (Of the 146 publicly-listed sales units in Greenwich Village, only 16 are condos.)
64 University will stand just two blocks south of 116 University Place, a Morris Adjmi-designed building with only five units and an average closing price of $2,220 per square foot. On the same block, the Annabelle Selldorf-designed 21E12 rose on the former site of Bowlmor lanes and reports an average closing price of $2,598 per square foot.
64 University will stand just two blocks south of 116 University Place, a Morris Adjmi-designed building with only five units and an average closing price of $2,220 per square foot. On the same block, the Annabelle Selldorf-designed 21E12 rose on the former site of Bowlmor lanes and reports an average closing price of $2,598 per square foot.
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Nearby Greenwich Village Listings
The Albert via Douglas Elliman
From the Listing: This sprawling loft at the historic building, The Albert, has been meticulously renovated to seamlessly integrate the unique architectural details with contemporary luxury. This 4-room, 1.5-bath loft is highlighted by dramatic 12’ ceilings, 7’ 5" windows, floor-to-ceiling exposed brick and the original etched slate and brass decorative fireplace mantle dating back to the 1800s. The living room faces west, overlooking University Place, and the rest of the apartment faces north. See floor plan and full details here.
832 Broadway via Compass
From the Listing: Bring your architect! This grandly scaled pre-war 4,100-square-foot full-floor loft with soaring 13-foot ceilings braced by giant corinthian columns with 43 feet of west-facing frontage is a rarity. A loft in this breathtaking 1896 landmarked building rarely comes available. One enters the building through a classic marble and mahogany lobby and a richly paneled mahogany and bronze keyed elevator. The current configuration is a 3-bedroom, 2.5-bath with a large laundry room and massive 43’ entry gallery. The floor plate allows for multiple options with additional plumbing risers. See floor plan and full details here.
Delos Residences via Brown Harris Stevens
From the Listing: Some buyers seek an environment that is the healthiest from every perspective. A prominent proponent of good health is the former owner, Leonardo DiCaprio, environmental activist and Academy Award-winning actor, who selects eco-friendly homes designed to promote well-being. This apartment is a full floor loft where living spaces benefit from 4 massive windows spanning 42 feet over East 11th Street and 11’ high ceilings. A remarkable list of built-in eco-friendly elements include vitamin C-infused showers, purified air and water, in-duct aromatherapy, circadian rhythm lighting system, and posture-supportive heat reflexology flooring. See floor plan and full details here.
30 East 10th Street via Core Group NYC
From the Listing: Renovated by AD100 designer Giancarlo Valle and featured in The Wall Street Journal, the Penthouse at 30 East 10th Street is a unique offering for those seeking an authentic, full-floor loft with unobstructed panoramic views in coveted Greenwich Village. Boasting approximately 3,700 square feet of interior space, one is immediately captured by the 11-foot ceilings, 19 oversized windows, and two generous skylights which provide an abundance of natural light. Much of the iconic architectural history has been carefully restored during the recent renovation of this magnificent space, including the millwork around all the windows, with 10” wide-plank floors throughout, and a completely renovated second bathroom. See floor plan and full details here.
12 East 12th Street via Compass
From the Listing: Endless possibilities and extraordinary living await you at this coveted prewar Gold Coast Greenwich Village Condominium, in a premier location between Fifth Avenue and University Place. A private key-locked elevator transports you directly into a sprawling light-bathed loft, where you have the opportunity to enjoy the home ’as-is’ or customize the interior to create an incredible one-of-a-kind 5,800 sqft dream loft space a rare offering in Greenwich Village. With voluminous living quarters spanning over 57 feet wide and 92 feet long, plus 2 outdoor terraces on the south side of the apartment, there is truly no place like this in the entire neighborhood! Soaring 11’8’ ceilings throughout are complemented by expansive windows facing south and north that flood the space with air and natural light. See floor plan and full details here.
Would you like to tour any of these properties?
Just complete the info below.
Or call us at (212) 755-5544
Would you like to tour any of these properties?
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