10 Jay Street will be converted into residential condos with ground floor retail as previously reported. The Landmarks Preservation Commission approved plans for the ODA-Architecture-designed northern façade inspired by the building’s history as a sugar refinery. Interior demolition is expected to begin May 1 of this year with the project expected to be completed by fall 2016.
The Real Deal released more information about the apartments: “Joseph Stavrach, President and CEO of developer Triangle Assets, told Curbed that the 46 condominium units will range from two to five bedrooms and go up to 3,500 square feet. Most of the floors have 12-foot ceilings, though some will have 14-foot ceilings. They will all have views of the Manhattan skyline and the waterfront. He expects pricing to be in the range of other developments in the neighborhood, perhaps starting between $1,400 and $1,600 per square foot. Among the amenities will be a bike room, gym, and pet spa, and three passenger elevators.
