Tribeca's "Leaning Landmark" Finally on the Mend; Ten Apartments Coming to Beleaguered Gem | CityRealty

Tribeca's "Leaning Landmark" Finally on the Mend; Ten Apartments Coming to Beleaguered Gem

Tribeca's "Leaning Landmark" Finally on the Mend; Ten Apartments Coming to Beleaguered Gem

By Michelle Mazzarella | From Future New York Wednesday, April 4, 2018

What a difference a decade makes! This time ten years ago, the landmarked 287 Broadway was unsafe to occupy and held up with steel beams. Now, plans filed with the city to convert the offices in the building to 10 high-end resiences have been approved.

In a review of Tribeca condominium Reade57, architecture critic Carter Horsley said that the building is “squeezed between two of Lower Broadway’s more attractive older structures.” He briefly mentioned how construction put one of those structures at risk: In late 2007, excavation work on its site caused 287 Broadway to dramatically lean eight inches.

In this article:

Reade57, 57 Reade Street

Reade57, 57 Reade Street Tribeca

287 Broadway

287 Broadway Tribeca

The site back in 2009 (Ondel)

Reade57’s developer erected steel bracing to keep it upright, but tenants and local architecture enthusiasts were dismayed to learn that the building’s future was in serious doubt. The cast-iron building was designed by prominent architect John B. Snook, designer of the original Grand Central Station, in the early 1870s. Its combination of Italianate and French Second Empire styles made it a standout, and its high mansard roof and early Otis elevator indicated its prestige. It was designated a landmark in 1989.

via Landmarks Preservation Commission (LPC)

Would you like to tour this property?

Just complete the info below.

Or call us at (212) 755-5544

287 Broadway

via LPC

It's not every day that a developer's purchase of a landmarked building is celebrated, but that's what will bring about a renaissance for 287 Broadway: United American Land bought the building for $8 million in 2013 and made grand plans for the space. A multi-million-dollar renovation is underway to restore the facade to its former glory and put in 10 luxury apartments to give its neighbor some competition: Apartments at Reade57 are currently listed at an average of $1,768 per square foot.

287-Broadway-1

287 Broadway (corner) via Ondel Hylton

287-Broadway-3

Reade57 (background) and 287 Broadway (foreground) via Ondel Hylton

Would you like to tour any of these properties?

Related Links

Tags:

Related Articles

From Get To Know Six tax credits every NYC homebuyer should know + Listings under $1M with tax abatements Friday, February 16, 2024
From Future New York Bucking the Norm: NYC streets to pedestrianize and apartment listings on them Friday, April 19, 2024
From DUMBO Sustainable living in NYC: LEED and Passive House buildings + 21 Availabilities inside Friday, April 19, 2024
From Future New York Price Cuts: Several waterfront trophy homes receive haircuts; Kathie Lee Gifford's former apartment slashed by $400K Wednesday, April 17, 2024
From Future New York Manhattan Sales: Full-floors at The Benson sell for nearly $30M; Billionaire's Row penthouse comes in over $4,500 per square foot Tuesday, April 16, 2024
From Get To Know Pre-war vs. Post-war: The pros and cons of buying in each + Great listings inside Friday, April 12, 2024
From Future New York New look for residential building proposed for 307-309 Sixth Avenue + Beautiful Village listings under $2.5M Friday, April 12, 2024
From Get To Know Apartments of the Affluent: Park Avenue homes available in J.E.R. Carpenter buildings Thursday, April 11, 2024

Content Specialist Michelle Mazzarella Michelle is a contributing writer and editor for real estate news in New York City

Read Full Bio | Contact Michelle Mazzarella

RLS IDX Data display by CityRealty.com, LLC. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 The Real Estate Board of New York, Inc., All rights reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and for no listing shall the number of bedrooms listed be considered a legal conclusion.

All closed sales data has been provided by the New York City Department of Finance via the Automated City Register Information System (ACRIS). No warranty or representation is made as to the accuracy of any data provided by ACRIS or any other sources.

CityRealty is committed to ensuring digital accessibility for individuals with disabilities. We are continuously working to improve the accessibility of our web experience for everyone, and we welcome feedback and accommodation requests. If you wish to report an issue or seek an accommodation, please contact us at accessibility@cityrealty.com.

An equal housing opportunity

{"1":[40.775,-73.94,"East Side","_es"],"2":[40.79,-73.99,"West Side","_ws"],"11":[40.76,-73.98,"Midtown","_m"],"3":[40.736,-73.99,"Downtown","_d"],"13":[40.711309,-74.01,"Financial
District\/BPC","_fd"],"4":[40.682676,-73.973007,"Brooklyn","_b"],"12":[40.8444,-73.9376,"Upper Manhattan","_um"],"5":[40.7477089,-73.930411,"LIC \/ Queens","_qns"],"18":[40.8889782,-73.9025,"The Bronx","_bx"]}