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Checking In On The Village's Massive Greenwich Lane Complex

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The Greenwich Lane complex that is assuming the site of defunct St. Vincent's hospital in Greenwich Village has new renderings, and they prove how truly massive the 200-unit, multi-component development really is. The nearly full-block site, bounded by Seventh Avenue and 11th and 12th streets, will be comprised of five apartment buildings and five townhouses, all designed in slightly varying styles to imitate the history and texture reflected throughout the historic neighborhood. The project is designed by FXFOWLE, who is working around preserved facades at the project's sites other than West 11th Street's five townhouses and tower at 155, which are new. The Greenwich Lane is developed by the Rudin Family with Global Holdings. All interiors will be designed by Thomas O'Brien. Construction is moving forward at the U-shaped complex with an interior courtyard, where New York YIMBY reports that the site's largest component—the apartment building at 155 West 11th Street—is in the midsts of gaining a foundation amongst its rapidly rising neighbors.

The apartments and townhouses that have been released are selling swiftly. Units began leaking onto the market in November, and as of the beginning of February, 50 percent of the homes had been sold at an average price of $3,500-per-square-foot; that's $1,635 more per square foot than is average as of now for the neighborhood. Currently, 22 homes remain available with some 76 homes yet to arrive on the market. The homes that have been released and are both available and in contract range in price from $1.26 million for a 500-square-foot studio to $25 million for a 4,927-square-foot three-bedroom, three-and-a-half bathroom penthouse.

You can see the complex's huge variety of floorplan porn here. The development is expected to be completed in late 2015 or early 2016.
· New Renderings: The Greenwich Lane [YIMBY]
· The Greenwich Lane [StreetEasy]
· The Greenwich Lane [official]
· All Greenwich Lane coverage [Curbed]