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Condos at Former Bond Street Eyesore Will Ask Up to $20M

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After years of tumult and stalled construction, the building at 22 Bond Street/25 Great Jones Street is finally making progress towards becoming something other than an infamous downtown eyesore. TRD reports that the 11-story building at the corner of Bond and Lafayette streets now has an offering plan, and the condos certainly come at a price. Starting at $9.26 million, the building's six apartments will all be 3BR/3BA duplexes, have at least 20-foot-high ceilings, and offer outdoor space. The building's smallest apartments, the $9.26 million Unit A and the $9.84 million Unit C, both measure 2,895-square-feet. The building's most expensive apartment is the $19.88 million Penthouse 2, which covers 3,977-square-feet. For those doing the math, that's a bonkers $4,999 per square foot.

The building at 22 Bond Street was originally intended to house the Great Jones Hotel, but hit a snag in 2007 and stopped rising as a half-built concrete shell. Developers Richport Group and SDS Brooklyn won back momentum on the project in front of the Landmarks Preservation Commission—the building is in the Noho Historic District—with a plan to go residential and adopt the BKSK design rising today (pictured above). When complete, one facade of the building will be covered with a mural by artist Jose Parla.
· Pricing of boutique condo at 22 Bond Street [TRD]
· All 22 Bond Street coverage [Curbed]

25 Great Jones Street

25 Great Jones Street, New York, NY