First the lot on Charlton and Varick in Hudson Square was supposed to be a hotel. Then, Extell decided to switch gears and resort to the old stand-by: condos. As of last year, the plan was two connected buildings, with one holding co-ops and the other affordable housing. Now the teaser site for 70 Charlton Street is liveh/t New York YIMBYand it looks like the end result is... one- to four-bedroom condos over two 21-story structures, in some neighborhood called "West Soho," "priced from approximately $995,000." Plans call for 116 units, with 20 percent earmarked as affordable.
As opposed to Extrell's other projects, which tend to be incredibly glassy, this one looks like it'll be industrial in nature, with a brick-and-metal facade.
When Extell reps presented plans for 70 Charlton (then known as 68 Charlton Street) to the community last year, they emphasized that while there would be two buildings, with one dedicated to market-rate units and the other to affordable, there would be no much-maligned "poor door," or separate entrance to the affordable apartments.
YIMBY has a zoning diagram, and while the two-building plan is definitely still on the table, with connection via an enclosed hallway and a green space, there is no update on how the 72 Charlton-facing apartments and the 44 Vandam Street-facing ones will be divided, affordability-wise.
Sales will apparently launch soon. Add it to the roster of dozens of new developments launching this spring.
· 70 Charlton [teaser site]
· New Look: 70 Charlton Street, Extell's Hudson Square Condo Project [NYY]
· Extell May Bring First Affordable Housing to Hudson Square [Curbed]
· All 70 Charlton Street coverage [Curbed]