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54 Bond Street: Review and Ratings
54 Bond Street: Review and Ratings
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Carter Horsley's Building Review Carter Horsley
Dec 23, 2011
82 CITYREALTY RATING
  • #6 in NoHo

Carter's Review

Alan Gordon began marketing in 2009 this landmark building at 54 Bond Street, which is also known as 330 Bowery, as a three-unit residential condominium with ground floor retail spaces.

The building for many years housed the Bouwerie Lane Theater and is one of the most attractive buildings on the Lower East Side. It was designed by Harry Engelbert in 1874 and originally housed the Atlantic Savings Bank, then the Bond Street Savings Bank and subsequently the German Exchange Bank. Its ground floor became a theater in 1963.

Mr. Gordon acquired the ornate cast-iron building in 2007 for $15 million and late announced plans to sell is as a single-family home for $36 million.

His new plans call for two full-floor, 2,274-square-foot, residential condominiums each priced at $5,800,000, and a triplex, 4,863-square-foot penthouse with roof terrace priced at $16,500,000.

The penthouse has a 41-foot-long "great room" with gas fireplace and eight windows and flows into a 31-foot-long dining room. The roof includes a full kitchen.

H. Thomas O'Hara and Steven Harris are the architects for the project and Mr. Harris is also the architect for Mr. Gordon s 8-unit residential condominium, limestone-clad project across the street at 41-43 Bond Street that will have shutters on its front façade and a very modern glass and metal rear façade. Mr. Harris also designed Mr. Gordon's townhouse at 92 Jane Street.

The cobblestone street is also home to several notable new residential buildings at 25, 40 and 48 Bond Street.

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