August 25, 2014 Construction, Real Estate
The ceiling seems to have been removed from 432-436 Washington, the garage that’s part of the Ponte development that includes 31 Desbrosses (blue box in the map below). Indeed, demolition plans have been filed for it and for 31 Desbrosses. No word yet on the scope of what’s to come. Intriguingly, one of the owners listed on the permit request is Vincent Ponte, but the email is tmccloskey@related.com. That makes me wonder if this is going to be like 460 Washington, a Related Companies building on land leased from Ponte Equities—unlike 264 West, which Related bought from Ponte. That would explain why the demolition appears to be being handled simultaneously, by Related, with plywood and sidewalk sheds that are the same for both properties. And that would mean the new building will be rentals (as opposed to the Related on on West, which will not).
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The waterfront sites in NW tribeca should be home to some of the best real estate in the city considering their absolutely prime inherent qualities. One can’t help but imagine what could have been had this area been included in the northwest landmarks district.
no kidding. I love 31 Desbrosses. Really sorry to see it go. For me, it resonated with a memory of the quieter, more desolate Tribeca of 20 years ago. Would have loved to have lived in that building, even assuming that it was in rough shape.
Look around you- they are selling off, dismantling & rebuilding swathes of Tribeca piece by piece. Wake up people!
I may be naive but I thought all these building ARE part of Tribeca’s northwest landmarks district….with the exception of Truffles? Hard to cry about those low slung garages – they are eyesores to me in a residential neighborhood. I thought the reason 31 Desbrosses was being demolished, was that it was in such bad shape and virtually uninhabitable, so was beyond being restored. I’ve heard that this was a Ponte strategy with all their landmarked buildings. Ignoring them until they are structurally unsound and dangerous leaving no choice but to demolish them.