Just below Canal Street, scaffolding has been removed from the long-awaited 443 Greenwich Street restoration. Dating back to 1882, the former book bindery has had several industrial uses over the decades but has been vacant for the past 10 years. The $300 million conversion project includes 53 condos, starting at $3.5 million and is slated to open in 2016.
Non-penthouse apartments, most of which are three-bedrooms between 2,600 and 4,600 square feet, will cost around $3,000 per square foot. The eight penthouses will be around $4,500 per square foot, with the priciest one selling for $53 million. Every apartment will have direct elevator access, which eliminates hallways and creates more space in the apartments. Building amenities include a full-service lobby, valet parking, an indoor lap pool, and a fitness center with adjacent children’s playroom. You can see floorplans over at Curbed NY.
One of the most talked-about features of 443 Greenwich Street is the 4,000-square-foot interior courtyard, which residents will have access to. The courtyard will be lined with hundreds of windows with 19th-century-style shutters, some of which were restored from the original building. The courtyard will have a garden lined with sassafras trees, and will provide some much-needed greenspace in largely industrial Tribeca.
The residence is being developed by Metro Loft, a company specializing in commercial to residential conversion. While Metro Loft has developed many rental properties, this will be their first time converting condos. CetraRuddy, who has worked for the likes of New York University, Embassy Suites, and Related Companies, is behind the design of these luxury condos.
Please let me know if you’re interested in living in this beautiful restoration.