A new modular condo building on the Lower East Side has been fully stacked over the course of six days. The ground-up project rises at 193 Henry Street between Clinton and Jefferson street, just south of the Essex Crossing master plan and several blocks from East River waterfront.
Designed by Brooklyn-based Think! Architecture and Design, the seven-story structure was stacked in just six days, according to the firm’s Instagram feed. The neighborhood blog, the Lo-Down, first reported installation beginning in early April, an enormous crane was used to lift the rectangular units in place. The condo is being developed in conjunction with 201 East Broadway — a ten-unit building to rise directly behind the site that will also be modular.
With construction costs skyrocketing, prefabrication techniques have long been thought of as a method to offset increasing labor prices. Though Pacific Park’s 461 Dean has shown high-rise modular still needs some work, several successful smaller-scale ventures such as Carmel Place, The Stack, and the citizenM New York Bowery Hotel which is now the tallest prefab structure in the city. Last March, the Real Deal reported Deputy Mayor Alicia Glen aims to “crack the code on mid-rise multifamily development, in the hopes this will be a new chapter for modular.”
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Google Earth aerial showing location of the through-block development sites (CityRealty)
193 Henry Street is being developed by Daniel Wise who snapped up the 25-foot-wide parcel in 2015 for $4.15 million. The Attorney General’s offering plan shows the building’s five units plus commercial space will have a total sellout of $14.45 million. Sales are expected to begin later this year and Brown Harris Stevens Development Marketing will be handling the sales and marketing.
The project replaces a characterful red-brick walk-up that once held The Mount Zion Church of Christ. Its sister building at 201 East Broadway was purchased for $8.5 million in August 2015 and replaces the former headquarters of United Hebrew Community of New York.
193 Henry and 201 East Broadway (Think! Architecture & Design)
Would you like to tour any of these properties?
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