20 Henry Street Conversion Getting in Gear
Less than three months after purchasing the 38,000-square-foot former candy factory at 20 Henry Street for $19.6 million, Urban Realty Partners has hired a new architect and filed plans to begin converting the 43-unit rental building into 14 condominium residences; the architect for the conversion is Joseph Pell Lombardi, who has overseen countless conversions of…
Less than three months after purchasing the 38,000-square-foot former candy factory at 20 Henry Street for $19.6 million, Urban Realty Partners has hired a new architect and filed plans to begin converting the 43-unit rental building into 14 condominium residences; the architect for the conversion is Joseph Pell Lombardi, who has overseen countless conversions of historic loft buildings in Soho, Tribeca and elsewhere. Still unknown, the Eagle points out, is whether the developer plans to stick with the LPC-approved plans for a four-story new building in the adjacent courtyard that fronts Poplar and Henry Streets. (Click here to see the rendering.)
New Architect Hired for 20 Henry Conversion [Brooklyn Eagle] GMAP P*Shark DOB
Yeah, fuck those poor people. Fuck them for complaining, most especially. They should just shut up and go live in some fucking garbage dump and not bother the rest of us who actually do REAL work like trade money, and buy and develop property. How DARE they think they get to live in a nice building for a reasonable rent for more than 20 years? Jesus, some people. Fucking communists. They should just probably be deported to Libya. or Syria. Yeah, to Syria.
the main people organizing the tenants were an architect and a lawyer. both residents. hardly artists.
there will NEVER be programs like ML again if people can’t stick to a bargain. these tenants balked when their time was up — soemthing they’d known was coming for 20 years.
Let me play the world’s small violin for these poor artists. Let’s not forget that they got to live in such an awesome building in such a great location for so long. Let’s not forget that there are people who are willing to pay more and want to live there. New York libs are so incredibly idiotic. They think the sub-prime bailout is a good thing too. What about the taxpayers? What about the investors? What about prospective home-owners who were previously priced out? There, I’m done ranting.
“….they got plenty of money in the buyout”??! I don’t believe there was a buyout. There were tenants. Their leases expired. They lost their homes. End of story.
good riddance to the old annoying artists, don’t feel sorry for them they got plenty of dough in the buyout. probably enough to keep them in weed for the rest of their days.
Peaks Mason Mints!
Heartbreaking that this building was lost from the Mitchell-Lama program and all those middle income tenants — many of them artists — evicted. Leaves even more of a sour taste when one reads that the conversion will reduce the number of units by two-thirds.
I talked to the developer once, he asked me how’d I like it if he told what I could do in my apartment, if I wanted to buy the park and keep it then it’s for sale.
I love this building! But since I don’t expect to be hitting the lottery soon, I’ll just watch from the sidelines.