Restored 19th-century townhouses to be revealed in Meatpacking District

The meatpacking area’s prettiest new project, and perhaps its costliest office space, will soon emerge from behind a loft at the busy intersection corner of Ninth Avenue and West 14th Street.

Tavros, the development firm headed by Dov Barnett and Nicholas Silver, is completing work on 50 Ninth – a set of historic 19th-century townhouses next door to the Old Homestead Steakhouse.

The work included replacing damaged facades on both Ninth Avenue and 14th Street with original bricks and older bricks from across America, which would be used for retail.

The project also includes a new, BKSK-designed, 57,000-square-foot, nine-story, glass-wrapped boutique office building behind the townhouses.

The fifth floor has already been leased to Sole Source Capital, a Dallas-based private equity firm.

The asking rent for 6,000 square feet of floor space was $180 per square foot, Considered the best in the region,


The project includes a nine-story, glass-encased boutique office building behind the townhouses.
The project includes a nine-story, glass-encased boutique office building behind the townhouses.
Credits: Javier Galindo / The Inner Frame

A deal is also rumored to be in the works for a luxury auto brand on a separate floor, where the “ask” is a record-setting $215.

JLL’s Clark Finney, Howard Hersh, Robin Olynick and Macy Parana represented Tavros on the Soul Source lease.

Tavros acquired the corner property in 2014.

The team is also behind The Dime, a large-scale, mixed-use project in Williamsburg.

Source link

Leave a Comment