While a new building is in the works at 74 Grand Street, the old one is not totally gone. Before the demolition of the original Neo-Grec building onsite, its façade was dissembled, stored, and planned to be incorporated into any future building that would rise on the site. Architect Joseph Pell Lombardi is restoring the façade, and it will be applied to a new six-story building with four full-floor units and grade-level retail. Construction has just topped out on its concrete frame.
Construction progress circa May 2019 via Ondel Hylton
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The construction milestone represents the latest step on 74 Grand Street’s odyssey. It rose at the end of the nineteenth century as a store-and-loft building that was later converted to a cooperative. In 2004, foundation excavation at a lot next door caused the building to start tipping over. However, owing to its location in the Soho-Cast Iron Historic District, demolition did not take place until 2010. In the interim, the Landmarks Preservation Commission determined that the historic façade must be incorporated into any new construction as a compromise that Curbed dubbed “Frankenbuilding.”
Historic photo via Landmarks Preservation Commission
Rendering via Joseph Pell Lombardi
Details and prices are not yet available for the planned residential units, but the location may be the biggest draw of all. While located in the heart of Soho, it allows easy access to Tribeca and the best restaurants, shopping, nightlife, and culture that two of New York’s hottest downtown neighborhoods have to offer. According to CityRealty listings, the median price of a Soho condo is $3.86 million
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