The Smith & Mills and Yves building has sold

Got a tip from K. and A. that the Smith & Mills building — 71 N. Moore, just east of Greenwich — had sold. Word was that the new owners want to turn it into a single-family residence. CORRECTION: a representative of the buyer emailed to say this is not correct. They said the commercial space will remain and there will be apartments above, not a single-family residence. And the city records seem to describe that the entire corner — 385 Greenwich Street, which includes Yves — has sold. So the gossip, while super helpful to me, has not quite caught up to the facts.

The building — four stories on the corner, and three stories above Smith & Mills and part of the Tribeca West Historic District — sold for $8.5 million in August (the documents describe it as 25 feet from the corner north up Greenwich, and 69 feet from the corner east on N. Moore). If I am reading the city records correctly, it was last purchased by the Gindi family, of Century 21, who bought it in 1997. I believe the Gindis own much of the real estate under the restaurants operated by Matt Abramcyk’s Neighborhood Projects.

Word is that Smith & Mills, which at 450 square feet bar remains so charming, has until the end of next year, but that is likely TBD.

From the Landmarks Commission’s designation report for the Tribeca West Historic District: The structure at 385 Greenwich was first built as a two-story house by Joshua Barker, a merchant and former alderman of the Sixth Ward, soon after he acquired the lot in 1805. Around 1815, Barker built a second dwelling on the lot, No. 71 North Moore Street. Just before his death, construction began on a third dwelling (no longer standing), No. 69 North Moore Street, which became the property of Barker’s widow in 1821.

The corner lot was later owned in the 1850s by Thomas Stillman, whose shoe business was located at 148 Greenwich Street, and in the 1860s by the Schabbehar family which was in the jewelry business.

In 1870 James P. Foster acquired the lot and in 1874 commissioned Peter L.P. Tostevin to alter and enlarge the corner structure from a two-and-a-half-story dwelling to a four-story tenement with a commercial base; the simple design was enhanced with a bracketed cornice.

In 1898 the storefronts were replaced, and projecting show windows and an angled corner entrance were installed. Since the 1920s the base of the building has housed restaurants. It is likely that the scored stucco facing was added around 1949 when the adjacent building, 71 North Moore Street, was faced with stucco.

 

8 Comments

  1. Would be unfortunate to have both Yves and Smith & Mills replaced by a single family home and completely lose the street activation that comes with those two spots. That’s one of the liveliest corners in the neighborhood.

  2. Wow. Tribeca is in its death throes. Prices will remain high because boring people will continue thronging the neighborhood.

  3. Let’s hope this is not true, this is a real neighborhood bar and restaurant with great outdoor life. What’t the point of moving into a neighborhood to close all the restaurants and bars that are presumably one of the reason you move there. Why do that ? are there any planning protections ?

  4. A family house would be great and charming .. there are a lot of eating places and not even so good .

  5. Anyone remember the “our suburb” situation at the other end of N Moore Street about 20 years ago? Easiest way to make a corner boring, but I can’t imagine why that particular corner would be an ideal situation for a luxury single family home with all the hubbub.

    My opinion: bring back the old pizzeria! :D

  6. Having started my career at Citigroup
    in 1983 a friend convinced me to purchase
    a loft in 1985 there was very little development
    back then those were the days of endless
    nights at Montrachet wonderful times having
    met Mr Deniro & having invested in Tribeca
    Grill sadly closed In 1990 I left for CT to start
    a family now with the kids on their own &
    the ex going her own way its only fitting to
    return I am glad on held on to my loft all
    these years Looking forward to returning in
    the Spring & curious to see if some of
    old time resident s remain See You Soon
    & I wish everyone the Best Gerry Post.

  7. Thank you Gary Post. 385 Greenwich aka 71 North Moore our our 3 full floor lofts since 1982. We brought the coffee warehouses up to residential code. Our lifesavings are invested in these gorgeous little landmarks. We saved from two major fires and our damage from adjacent property fromGreenwich Hotel and an illegal bar.

    Our lofts were illegally vacated over an “accident” and fire at Smith & Mills. The premises have been tied up on courts since 2007 where there are no time limits to restore us based on fraud.

    They bribed a city marshal to illegally vacate our lofts. The Supreme Court had jurisdiction after kids in a 199 sq ft illegal bar sued us. In a lawsuit asking the Supreme Court to grant them our 5,500 sq ft lofts with a story that belongs in the movie. We won!

    50 inspectors, marshals & property owners were arrested in Precinct 1. District Attorney Cyrus Vance lied nobody was illegally displaced. We have looked to sort this out. We cannot sort out civilly. This is criminal.

    We don’t feel we can remain silent. In a pattern of fraud that extends to 46 landmark & loft buildings over the rebuilding of lower Manhttan. City illegally vacated, evacuated and or demolished based on fraud. It puts our neighbors homes & businesses at risk in the massive Soho Rezoning.

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