Good Property Co.’s conversion of 31 Bond Street on a hot NoHo block is coming to fruition.
The site is located between Lafayette and Bowery streets, on a cobblestone breeding ground for posh development. Permits were filed yesterday for a $4.125 million renovation of the Renaissance Revival loft building, which dates back to the 1880s (as Curbed pointed out, that $4.125 million figure seems low, but that’s what the permit says). The proposed plan would add a new floor to the existing six-story structure and create three apartments spread over 16,412 square feet of residential space, or more than 5,000 square feet per unit.
Matthew Baird Architect is the architect of record. The revamped seven-story building would have a gym and a private rooftop terrace. The trio of apartments would be a ground-level triplex, a duplex on the third to fourth floors and a crowning triplex on the fifth to seventh floors.
Crain’s first reported the sale of 31 Bond, which traded in a quiet off-market deal in December 2013, with CORE representing the buyer. Good Property’s Joshua Gurwitz told Crain’s that he planned to build a “handful” of new luxury units. Public records show that the property changed hands for $16 million.
The conversion is across the street from Ian Schrager’s ferociously flashy 40 Bond Street and next door to the BKSK Architects-designed 25 Bond. Also on the same stretch is DDG‘s seven-unit condo project at 41 Bond.
Let’s start the design titan photo tour with 40 Bond, designed by Herzog & de Meuron. The bottle-green glass facade of the 11-story building is a play on the traditional cast iron and brick loft buildings in the area. At street level, the development’s famed graffiti-inspired gate in cast aluminum provides privacy for townhouse residents.
Second up, the relatively restrained, asymmetrically layered 25 Bond, developed by Goldman Properties. The bronze and glass window wall peeks from behind a limestone facade.
Across Lafayette, on the next block west, is Annabelle Selldorf’s 10 Bond. Brought to you by SK Development, Ironstate Development, The Chetrit Group and Ed Scheetz, the seven-story corner building will have 11 residences, with completion slated for early 2015. Up-to-the-moment construction shot (you’re welcome):
Just give it up for the whole street, really. You’re all winners.