Seven Story Condo/Commercial Building Coming To Waverly & Fulton

Add this to the list of buildings going up on and around Fulton Street–development firm Orange Management has filed permits to begin work on a 78 ft high, seven floor condo building at 502 Waverly Avenue (at Fulton Street), according to New York YIMBY.

The publication says the structure will include 49-55 units (discrepancies exist between permits and Orange’s website), 34 parking spaces, and 7,128 sq ft of commercial space. The development is being designed by Gerner Kronick + Valcarcel, and early renderings show a curved glass exterior with a staggered area above a portion of the fifth floor.

The building will rise on what is currently a parking lot (purchased for $9.2 million late last year from the nearby White Memorial Chapels), and is expected to be completed in 2016. Previously, Orange Management head Andrew Bradfield has tended to stick with properties in Manhattan’s Soho, Gramercy Park, and East Village neighborhoods.

Image via Orange Management