Japanese architect Tadao Ando, who is laden with industry awards and has tons of awesome designs under his belt, was just handed his first ground-up, residential New York City assignment. Sure, he designed Chelsea's Morimoto restaurant in 2006 and 43 Crosby's lobby and penthouse, but this is different and oh so much better. Developer Sumaida + Khurana tapped the master of Zen-like concrete-and-glass creations from museums to temples to build eight condominiums at the corner of Elizabeth and Kenmare streets. The duo just closed on the Nolita site (official address: 152 Elizabeth) for $21 million.
Crain's reported on the deal, noting that construction will start on the 32,000-square-foot building later this year with an eye towards completion in 2016. The interior designers will be Gabellini Sheppard, who are pretty respected in their own right. Though this is the first collaboration for Saif Sumaida and Amit Khurana, they've both worked in New York City real estate for a long time. Needless to say, we can't wait for a render of this one.
· Small NoLita property fetches $21M [Crain's]