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Soho Mews Developer Taking Canal Street Landmark Rental

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The argument has been made that sales at luxury condo complex Soho Mews were slowed up by bootleg handbag hawkers outside. Which might explain why Soho Mews developer Albert Laboz chose to put the main entrance to his latest Canal Street project (right) at 53 Howard Street even though the building actually takes up the block of Canal between Howard and Mercer. He shares some details on that new project, a rental, with the Times: the 18-unit project is a conversion of the Arnold, Constable Building, an 1857 building that once housed a department store. Units, all one- and two-bedrooms between 950 and 1,250 square feet, will start leasing in January for $5,000-$7,000/month. For that price, tenants get to keep the building's old wood beams and the now-sealed metal hatches that once led next door. Plus double-paned windows to keep out those pesky Canal Street sounds.
The Times also walks down Canal to the Washington Street intersection, where 471 Washington is slowly coming back to life. Developer Zach Vella says the prices for the building's dozen units will be in line with nearby river-view luxury condos, so perhaps hovering around $1,600/square foot. We're guessing double-paned windows are a given.
· Canal Street, Is That Really You? [NYT]
· 471 Washington Street coverage [Curbed]