When Tribeca's 71 Reade Street (also known as 87 Chambers Street) came tumbling down last spring, it was pretty clear that the ODA-designed plan to build a boutique hotel behind the original facade would need a bit of tweaking. Indeed, after months of inactivity at the site, The Real Deal now reports that the remaining portion of the five-story building has been marked for death. The owner of the loft building has filed for a full demolition permit, and a permit approved in August calls for a new, eight-story hotel or dormitory building. Back in the day, the partial collapse of the building was blamed by the 71 Reade peeps on the rising condo project next door. That building, designed by 25 Bond masterminds BKSK Architects, is now partially built. Maybe 71 Reade will repay the favor during the demolition process. Grudge match!
· Full demo set for half-collapsed Tribeca loft [Real Deal]
· 71 Reade Street coverage [Curbed]