The Real Deal New York

Permits filed for scaled-down 92 Fulton Street

Latest plans shrink FiDi residential building from 51 stories to 16

June 12, 2014 03:45PM
By Claire Moses

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92 Fulton Street and prior renderings

92 Fulton Street and prior renderings

Permits were filed for the construction of a 16-story residential building at 92 Fulton Street, Thursday’s property records indicate. The new proposal, however, is a dramatic revision from prior plans for the site.

Those plans at one point included the construction of a 51-story tower, to be built by the Mavrix Group and designed by ODA Architecture. An earlier plan for a residential development on the property featured a 22-story building with podium units and an outdoor communal pool. Those proposed designs envisioned a building ranging in size from 22,000 square feet to 250,000 square feet.

The newly filed permits call for a mere 18,520-square-foot development. That plan includes 650 square feet of commercial space and 17,870 of residential space.

Fisher Brothers bought the site, a 26-foot wide, 2,189-square-foot vacant lot between Gold and William streets in the Financial District, earlier this month for $10 million. The seller was 92 Fulton Partners LLC.

Mavrix had been looking to purchase seven parcels of land in the area, with an eye toward finishing 92 Fulton in 2015. But those plans did not materialize.

Mark Ginsberg, of Curtis and Ginsberg, is the current architect on record. He declined to comment on any details about the revised development.

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