Renzo Piano to Design Condos at 555 Broome Street
Having just finished the brand-new Whitney Museum along the High Line, Italian architect Renzo Piano has been selected to design the forthcoming condos at 555 Broome Street, formerly known as 100 Varick Street. Aside from a private home in Colorado, 555 Broome Street will be Renzo Piano’s first residential project in the United States. While his other work in New York City, like the New York Times Tower, has been more angular, this building will feature a more curvy appearance.
So far, we only have one rendering of the interior, and it’s still in black and white. Piano, who has become known for his museum commissions, designed the Kimbell Art Museum’s energy-efficient Piano Pavillion, with a green roof, solar panels, and energy requirements that are half that of the main museum building. Last year, he completed a minimalist, off-grid cabin in Weil-am-Rhein, Germany with photovoltaic solar panels, natural ventilation, and water provided by a rainwater retention tank. While detailed plans for 555 Broome Street are not yet available, I’m interested to see what sustainable practices will be incorporated in the building of this new development.
Situated in Hudson Square, 555 Broome Street offers proximity to great shopping in SoHo as well as cultural centers like Film Forum and the SoHo Playhouse. Hudson Square is also home to eco-friendly, sustainable eateries like Mas, Ellary’s Greens, and Mae Mae Cafe. The recent emergence of several residential construction projects in the area is turning the formerly sleepy neighborhood into an increasingly lively corner of Lower Manhattan.
The building is being developed by Bizzi & Partners, Itzhaki Acquisitions, and Michael Shvo, who bought the site in 2014. According to the Department of Buildings, the 280,000 square foot building will rise 290 feet (the maximum allowed by height limitations in the area) and will include 17,134 square feet of ground floor retail space, which will help drive foot traffic in the burgeoning neighborhood. 555 Broome Street’s 25 stories will also house 115 condos, at approximately 2,000 square feet apiece. Residents will enjoy fitness facilities, storage accommodations, a swimming pool, and a private driveway.
A completion date for 555 Broome Street has not yet been released, but I will have early access and they should hit the market in the first quarter of next year, so stay tuned to the blog for more information! You can also feel free to reach out to me if you think you might be interested in one of these condos.
Categories: Real Estate