Rebirth of 63 Pitt Street is a 12-Story Residential Tower
A new luxury rental building is on the docket for Pitt Street.
In due course, the pre-war tenement building at 63 Pitt Street will be destroyed to make way for a twelve-story apartment complex. Plans have been underway for the last couple years. However, Department of Buildings issued permits late last month for both the demolition and redevelopment of the property.
The newcomer is to boast 59 apartments split as follows – 11 studios, 39 one-bedroom units and nine two-bedroom units. Eighteen of the lot are earmarked as affordable. All units feature washer/dryers, full size kitchens with upgraded appliances, hardwood flooring throughout, and oversized windows. On-site amenities include rooftop deck, gym, package room, basement storage, laundry, and bike storage.
Completion is anticipated for July 2022.
Paul Stallings, honcho behind the Hotel on Rivington, owns the property. Parkview Financial last week announced a $30 million construction loan for the project. Architect of record is of Demmerle Design Studio & Partner.