In the News: Broadway/Canal corner will soon transform

A key Soho corner will soon be activated by developer Albert Laboz, who told Crain’s he will build a “boutique” office building at 419 Broadway (the northwest corner at Canal) as well as another site he has at 430 West Broadway, just south of Houston. (Crain’s called the Soho site “glitzy,” which is not the word that comes to my mind when I think of Broadway and Canal.) “Laboz, who operates the real estate investment firm United American Land with his two brothers, Jason and Jody, will start work on a roughly 40,000-square-foot office and retail property at 419 Broadway on the corner of Canal Street in the first quarter of next year. By the second quarter, he plans to begin raising a similar 45,000-square-foot building at 430 W. Broadway.”

Morris Adjmi has been hired to design both projects.

This will make a dramatic difference in the look and feel of that corner of the neighborhood.




  1. I’m all for transformation of that intersection.

    Also curious what’s happening (if anything) with the parking lot at Lispenard. Seems like a spot ripe for development; I’m surprised no builder has snatched it up.

    Anyone know what was there in the past? Must have been a building there at one point, but I couldn’t find anything in the NY photo archives.

  2. I know nothing about this building, but to me it looks like the ugly, retrograde, compromised result of appealing to the preservationists who insist on dictating proscriptions against building “outside the neighborhood character”. I hope I’m wrong and that this banal rendering is just a placeholder for something spectacular. Sorry to sound off unasked, but architecture is a statement that hangs in the air for a century or more, and it’s painful to see that squandered.