Here now, sort of unwelcome proof that not everything Ben "My Parents Sued Me" Shaoul is involved with is tasteless and generally offensive: renderings for Shaoul's Magnum Real Estate Group's conversion of Tribeca's Verizon building into condos have surfaced, and like other Ralph Walker-designed tower conversions before it (Walker and Stella), it looks lovely. The Magnum and CIM Group-led redevelopment of 100 Barclay Street, formerly known as 140 West Street, will bring 161 apartments ranging in size from 1,200 to 3,500 square feet to the 32-story building's top 22 floors. YIMBY notes that the Times has quoted asks in the building starting around $2,000 per square foot. Champalimaud and GRADE are reworking the building's interiors, Ismael Leyva is the project architect, and DXA Studio is the landmarks and exterior design architect. Things must really be moving along; the building has launched its teaser site which says occupancy will begin in 2015.
Crain's reports that the developers have also purchased the building's ground floor retail space, swaddling Verizon, who will remain on floors two through ten, in a figurative impenetrable blanket of luxury. Shaoul, who paid $274 million for the tower in 2013, has purchased the 40,000 square feet of ground floor area for $40 million with plans to convert it into high-profile retail space.
· New Look: 100 Barclay, Ralph Walker Conversion in Tribeca [YIMBY]
· Developer pays $40M for retail space at old Verizon HQ [Crain's]
· Details Revealed for Ben Shaoul's Verizon Tower Conversion [Curbed]
· All 140 West Street / 100 Barclay Street coverage [Curbed]