Rendering of 147-149 Grand Street and new park via Empire Capital Holdings
In nearly 200 years, 147-149 Grand Street has been home to dwelling units, several small businesses, and, most recently, acclaimed hair salon Spoke and Weal with rental apartments on top. Newly revealed renderings show another use for the landmarked buildings: A penthouse addition and reconfiguration into a luxury building with prime retail space at base level.
Renderings by marketing agent Empire Capital Holdings show an open-plan home on the inside, a possible commercial roof deck for a restaurant or bar, and the removal of fire escapes on the exterior. Plans do no appear set in stone and permits have not yet been filed. However, owing to the buildings' landmark status and location in the Soho-Cast Iron Historic District Extension, the Landmarks Preservation Commission would need to approve the changes.
Renderings by marketing agent Empire Capital Holdings show an open-plan home on the inside, a possible commercial roof deck for a restaurant or bar, and the removal of fire escapes on the exterior. Plans do no appear set in stone and permits have not yet been filed. However, owing to the buildings' landmark status and location in the Soho-Cast Iron Historic District Extension, the Landmarks Preservation Commission would need to approve the changes.
Rendering of 147-149 Grand Street via Empire Capital Holdings
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Interior rendering via Empire Capital Holdings
Rooftop rendering via Empire Capital Holdings
147-149 Grand Street’s location puts it near the best restaurants in Chinatown, the best shopping in Soho, and the best nightlife and culture both neighborhoods have to offer. It is also a few blocks away from the Annabelle Selldorf-designed condominium at 42 Crosby Street, where condos closed at an average of $3,137 per square foot. A three-bedroom, three-bath home is on the market for $9.2 million.
Park rendering via Empire Capital Holdings
A planned park further sweetens the area's prospects. According to DNAinfo, the buildings are across from a vacant lot turned over to the Department of Environmental Protection for work on shafts connected to tunnels that supply the city’s drinking water. Upon completion of the work, the city promised to turn the site into a 12,500-square-foot public park. Its location in the historic district means that Landmarks approval is required for this as well.
According to the Soho-Cast Iron District Extension designation report, 147-149 Grand Street “embodies nearly 200 years of Soho’s history, from its residential beginnings in the early 1800s, through its commercial development for the next century-and-a-half to its present position as a desirable residential neighborhood.” Both buildings were erected in the early 1820s and each had a fourth story added in 1888. Several years and uses later, the two were joined internally in 2009.
147-149 Grand Street facade via Empire Capital Holdings
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Michelle Mazzarella
Michelle is a contributing writer and editor for real estate news in New York City
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