A model of this old cast iron building’s new triplex penthouse.
New York City’s second-oldest cast iron building, located on Reade Street between Church and West Broadway, is being renovated into five high-end condominiums. This building was built in 1857 and has now been taken over by WORKac for a total restoration project, including adding one floor and a mezzanine to the five-story high building.
When the building is complete, it is said to have three two-bedroom lofts and one triplex loft penthouse. The two-bedroom lofts will sell between $2.9 and $3.1 million, whereas the triplex loft penthouse will go on the market starting at $7.45. Recently, WORKac has removed all of it’s information about this restoration project, which may mean that they are not up to par with the standards people are expecting them to work at. But, according to an article written by Zoe Rosenberg, published by NY Curbed, before it was taken down, WORKac did provide a beautiful description of the penthouse which read as follows:
“Nestled under this undulating roof, the proposal for the 2.5 level penthouse unit proveds a wide variety of spaces and room types, from the dramatic entry and entertaining space above to the rich texture of family and sleeping spaces below. These terracing levels are linked by a single open staircase…”(Rosenberg, City’s Second-Oldest Cast Iron Building Reborn As Five Condos).
Though this description seems drool-worthy, why did WORKac take it down? Speculations have been circulating that neighboring apartment owners do not want to be bothered by construction and that it should wait until the spring or summer of 2015, where people will not be so inclined to spend their days snuggled up in the comforts of their own homes.
When will construction commence for this Reade Street historical building? Right now, nobody really knows, but the end result is sure to be nothing less than the beauty expected. The only problem right now: the neighbors. For more information on this building and a look inside WORKac’s construction and design plans, take a look at this article by Zoe Rosenberg.
