Skidmore House on the Bowery Ready to Rent
A long-neglected city landmark just off the Bowery now has a renewed lease on life. The Skidmore House, which was one of the first historic city buildings to receive protected status in 1970, is now ready to rent. Yup. The New York Times is reporting that the 10,000-square-foot Greek Revival town house has been converted to ten units of luxury rental apartments. And, get this. These homes are reportedly priced higher than those of its neighbor in 2 Cooper Square, which currently fetch the highest of any property in the neighborhood.
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[Photo Credit: New York Times]
Located at 37 East Fourth Street, the house was originally designed and built in 1845 by T. Thomas & Son Architects for the Skidmore family of ten. Mr. Skidmore was a drug merchant at the time. Over a generation later, the landmark began to deteriorate, nearly to the point of no return. In 2004, the city sued owner Sol Goldman for neglect, and ordered the estate to restore the building to “good repair.”
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These days, 37 East Fourth is leased and tended to by the Atlantic Development Corporation, who took up restoration duties in exchange for a zoning change that enabled the construction of the 133-unit 2 Cooper Square. The ten units split as follows – two studios, seven one-bedrooms and one two-bedroom.
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