With a facade collapse and failed hotel plan in its past, the troubled property at 71 Reade Street was saved in our favorite way: with plans for a new condo building, the Reade Chambers. The teaser site for the geographically-named building launched today, and reps sent along some details about the 17-unit project. It's being developed by CBSK Ironstate, a partnership between SK Development and Ironstate Developmentthe same team behind the Jefferson in the East Village (aka the Mystery Lot building) and the Annabelle Selldorf-designed 10 Bond Street in Noho. They plan to bring that same starchitect power to Reade Street, as Selldorf is designing the interiors, with Goldstein, Hill & West as the executive architect.
Pricing will start at $1.4 million and units, including three penthouses, will range from one- to four-bedrooms. Per DOB permits (it's filed under 87 Chambers Street, as it's a through-block site), the building will have on-site underground parking, plus laundry, storage, and rooms for recreation, pets, and kids. As the rendering shows, the Reade Street side, where residents will enter, rises six-stories, but the building tops out at eight stories (plus a rooftop deck) so it must get higher on Chambers Street. Sales should launch in the first quarter of 2014.
· Reade Chambers [official]
· 71 Reade Street coverage [Curbed]