The Real Deal New York

Chinatown hotel and condo plans filed

July 06, 2009 02:57PM
By Adam Pincus

The city is reviewing plans for a 27-story hotel and condominium tower designed by architect Peter Poon to be built at 50 Bowery in Chinatown across from the entrance to the Manhattan Bridge.

The owner, Alexander Chu and his Bowery Holding, filed plans June 29 for the parcel that extends from Bowery through to Elizabeth Street, just south of Canal Street, the Department of Buildings Web site shows.

Chu, son of well-known Chinatown landlord Joseph Chu, is chairman of Eastbank NA, a local bank based at 183 Centre Street.

Peter Poon Architects has designed several projects in New York City, including 52 Watts and 86-100 Canal Street.

The DOB filing proposes a 173,026-square-foot building with just under 100,000 square feet for the hotel and about 68,657 square feet for the residential component. There would be a total of 63 dwelling units, the plans indicate.

The project includes 6,824 square feet of community facility space as well, the DOB site showed.

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