Never ceasing to amaze, developer Aby Rosen has snatched up the building at 350 Lafayette Street at the corner of Bond Street in Noho with plans to convert ita 43-bed mental health center for homeless womeninto something involving ground-floor retail. TRD reports that Rosen's RFR Holdings inked a $26 million deal with property owner Admar Group not long before slapping a listing up for a "single tenant" retail opportunity available later this year, meaning that the shelter which has operated out of the location since 1988 and says it is "the first ever dedicated to helping homeless NYC women suffering from mental illness to obtain permanent housing," won't be around all that much longer.
The 15,000-square-foot building, just across the street from Annabelle Seldorf's ritzy new co-op 10 Bond, was built in 1913 and is included as part of the Noho Historic District. Not one to give f***s about the city of yore, Rosen also just gave the boot to longtime Seagram Building tenants the Four Seasons restaurant in favor of bringing a new opportunistic team and eatery to the locale.
[UPDATE: A previous version of this post stated that the building is excluded from the Noho Historic District, but it is in fact protected under that designation. Curbed regrets the error.]
· Aby Rosen's RFR pays $26M for Soho homeless shelter [TRD]
· Get to Know Aby Rosen, the Developer Gentrifying 190 Bowery [Curbed]
· All Aby Rosen coverage [Curbed]