Yet another parking garage will bite the dust to make way for apartments. This one is located at the corner of Varick and Broome streets in Hudson Square, an area currently seeing a lot of development thanks to a recent rezoning, so it's no surprise that owner Madigan Development wants to cash in. The Real Deal and New York YIMBY report that plans were filed with the Department of Buildings for a 15-story, 49-unit building. The Stephen B. Jacobs Group is the architect of record, and it's not clear yet if the apartments will be rentals or condos. But considering the neighborhood and the fact that units will average 1,254 square feet, our money is on condoseven though the site faces the entrance to the Holland Tunnel.
The first floor will hold a retail space, and there will be automated parking for nine cars on the second floor. The third and fourth floors will hold amenity space, including bike parking, and mechanical rooms, plus the super's apartment. The rest of the apartments will begin on the fifth floor. From floors five to nine, there will be six units per floor, and 10 to 15 will have just three units per floor. A rooftop deck will top the building.
· Madigan putting up 15-story apartment building in Soho [TRD]
· Permits Filed: 15-Story Apartment Building At 111 Varick Street, Hudson Square [NYY]
· Mapping The Development Boom Displacing New York's Cars [Curbed]
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