The 12-story building, designed by Philip Johnson/ Alan Ritchie Architects, is located at 22 Renwick Street and will offer two-bedroom units starting at $1.375 million and three-bedroom-plus units starting at $4.12 million.
The developer is DelShah Capital, which acquired the mortgage debt on the building last fall from Eastern Consolidated’s David Schechtman and Alan Miller. The property went into foreclosure after the financial crisis.
Brown Harris Stevens SELECT will handle marketing at the building. “There is very limited new ground-up construction product coming onto the market in Soho and the surrounding area, making this a rare opportunity for buyers,” Shlomi Reuveni, senior managing director of Brown Harris Stevens SELECT, said in a statement issued last month.
The condo will have 18 units, including full-floor penthouses with private rooftop terraces, The Real Deal reported. Amenities will include a doorman, bike storage, private storage available for purchase and in-unit washer and dryer for each residence.