Update On The Multi-Million Dollar Condos Coming To Corner Of 7th Avenue & 2nd Street


The building at 187 7th Avenue, on the corner of 2nd Street, has long been a vacant, graffiti-covered mess. Rumors began in 2013 that it finally sold, and this past summer, news came out that a developer would turn the five-story building into luxury condos. Now the New York Times has taken a look at what’s to come, and boy will it be pricey — and have a pretty silly name.

Purchased for $4.2 million by the developer Sugar Hill Capital Partners, their subsidiary, New Amsterdam Design Associates, is working on the design of the project, which will turn the space into four three-bedroom condos. Though they apparently might have knocked down the building, now dubbed 2ND7TH, Sugar Hill’s Jeremy Salzberg told the Times they “wanted to restore it and bring back the original beauty of the building.”

Rendering by New Amsterdam Design Associates, via Corcoran

And that translates is into the rendering above. The Times reports they’ll add floor-to-ceiling glass windows in the turret of the building, which was built in the 1920s:

The restoration entails cleaning and replacing the light-colored brick and metal parapet, as well as rehabilitating distinctive architectural elements like a four-story turret, said Ignacio Alonso, the chief architect at New Amsterdam.
“All of the materials that we found in the building, we tried to reuse them for something else,” Mr. Alonso said, such as a custom-made bench fashioned from reclaimed wood beams that will be in the main lobby. The lobby will also have polished concrete floors with inlaid coco mat and a striking pendant light.

The building should be complete by the fall, though the units are already on the market — here’s the listing for the $3.5 million top floor apartment, which will be about 2,000 square feet and have a private rooftop deck.

The ground floor, once home to the Landmark Pub, whose owner previously owned the entire building, will be a retail space — based on the vacancies along 7th Avenue, including the former Sweet Melissa and Met Food spaces right on this block, it will be interesting to see what comes into (and can afford) this space.