Rendering of 25 Sullivan Street
Since Broad Street Development is squashing a historic nursery school to put up a 25-unit condominium — and in a neighborhood that has fought fiercely to keep its low-key image — the developer has planned something that won’t stick out like a sore thumb.
Broad Street Development is razing a 100-year-old school run by the Children’s Aid Society at 215 Sullivan Street, including a playground and theater, to erect a 25-unit condo structure in its place.
But it could be worse, neighbors have said.
Broad Street’s plans for the $83 million building to fit right in with the Village, according to a report from the New York Times. Should everything go according to plan, the building would feature a brick facade with steel-and-glass sections, and would rise only six stories — much less ambitious than the 14 the property is zoned for.
The project will be marketed by Douglas Elliman’s Frederik Eklund, John Gomes and Sara Burke, as The Real Deal previously reported. [NYT] – Angela Hunt