14-Story Luxury Tower Planned for Chrystie Street Corridor

Posted on: December 13th, 2017 at 5:06 am by

JR and Os Gemeos, August 2015

Once again, art was employed as precursor to demolition. In this case, it was JR and Os Gemeos as it relates to 199 Chrystie Street, an old tenement walk-up that’s been slated for a gold-crusted makeover.

Both this building and its immediate neighbor to the north are slated for destruction in the coming months to make way for a 14-story luxury tower on the spot.

Owner-developer KD Sagamore, which scooped up the two properties over the last couple years for a combined $20 million, recently filed the requisite permits for demolition and re-development. Also submitted were plans for the 14-story, 39,188 square-foot condo with 14 aparments, ground level retail, gym, and rooftop terrace. According to the Real Deal, each unit will measure roughly 2,565 square-feet on average.

This busy corridor of Chrystie Street is slowly being picked off by the one-percent. There are currently two ten-story, ODA-designed condo projects underway just south of Rivington Street. The Public Hotel (plus condos) across the street is also accomplice.

Recent Stories

Chinatown Garment Industry Hanging by a Thread

Once a hub of manufacturing for the city’s garment industry, there are only a few remaining factories in Chinatown from a peak in the hundreds. The localized industry, which once employed thousands of immigrant women and men, sparked an area restaurant boom in the 1970s. Yet, began to decline in the late 1980s when manufacturers started […]

Residents Unite Against Developer Plans to Swap Park for Parking on LES Waterfront

Residents on the Lower East Side waterfront may soon lose more publicly accessible outdoor space. The developer of a new super-tall plans to reduce a children’s playground to a parking lot. As excavation work commences on Chetrit Group’s 70-story, twin-towered development at 265 South Street, tenants in the adjacent building – Lands End II – […]

Chinatown Homeless Murder Suspect Still Awaiting Trial

More than two years since the horrific murder of four homeless men in Chinatown, the suspect has yet to be held accountable for the crimes. In the early morning hours of October 5, 2019 Randy Santos stalked, then allegedly bludgeoned to death Cheun Kwok, Anthony Manson, Florencio Moran and Nazario Vasqez-Villegas while asleep on the streets. In […]

Excavation Begins for 70-Story South Street Towers

Cranes, and plywood, and pile-drivers, oh my! Such is the story down on the Lower East Side waterfront. Department of Buildings on April 12 issued official approval to the Chetrit Group to begin foundation activities for its dual 70-story tower at 265 South. A month later, the big trucks are mobilized. While excavation is now […]

For 7th Year Running, Greek Jewish Festival Returns to Broome Street this Weekend

After a more subdued outing last year, the Greek Jewish Festival this spring is on the rebound, pulling out the stops. It returns on Sunday for another go-round. Founded by Kehila Kedosha Janina on Broome Street seven years ago, the event celebrates the culture and traditions of the Greek Jewish community. Years past saw crowds […]