Tribecans hopes, dashed. When Greystone bought a one-story building at the corner of Church and Chambers last year, developers said they planned to keep some of the existing tenantsa hardware store, a coffee shop, and a liquor storein place. That gave neighbors false sense of security that a big ol' tower of condos wasn't immediately going to rise on the site, whose address is 108 Chambers Street. Well, that's gone now. Tribeca Citizen reports that the residents of 38 Warren Street, a condo building whose side facade faces Church Street and whose back faces the southern end of Greystone's development site, got a letter telling them that 108 Chambers was going to be demolished, and that a 10-story building would rise in its place. Is anyone surprised?
As recently as April, Greystone said it had secured retail tenants "for the next decade." But maybe that meant retail tenants at the bottom of a new building?
Currently, there's no new-building permit application on file with the Department of Buildingsjust one for a heavy-duty sidewalk shed. Demolition must lie ahead.
· A New 10-Story Building on Chambers [TC]
· Investment firm Greystone buys one-story TriBeCa property for $17M [Crain's]
· All 108 Chambers Street coverage [Curbed]