Glassy condo, with controversial design, coming to Flatiron District

New York /
Jul.July 01, 2011 12:20 PM

Anbau Enterprises paid $18.5 million for a parking lot in the Flatiron District, and plans to turn it into a glass condominium with a highly unique exterior that extends beyond the brick structures surrounding it, the Wall Street Journal reported. The land, at 39-41 West 23rd Street, was previously owned by Horizen Global, a small company with a pre-downturn plan to build a glass hotel by Cooper Square Hotel architect Carlos Zapata on the site. The design — which architecture scholar John Messengale compared to Frank Gehry’s IAC building in Chelsea — prompted the local community board to request that City Planning not grant a permit for the building, which is located in the landmarked Ladies’ Mile Historic District. Nevertheless, the planning commission approved the plan with slight modifications, but the property was foreclosed on before Horizen could begin construction. Anbau, which also developed 110 Central Park South and 136 West 22nd Street, will use a design similar to the one conceived by Zapata and Horizen to construct a 22-story condo with 38 units. “We like the design and think it will be a great addition to the other towers in the Flatiron District. In fact, some people refer to it as the ‘Tower District,'” said Stephen Glascock, president of Anbau Enterprises, through a spokesperson. [WSJ]


Related Articles

arrow_forward_ios
Atlas Hospitality Managing Member Raj Guru and Vinod Chand with 711 Seventh Avenue (Atlas, Google Maps)
Atlas plans 401-room hotel at 711 Seventh Avenue
Atlas plans 401-room hotel at 711 Seventh Avenue
Lightstone Group CEO David Lichtenstein and 145 Bowery (Lightstone, Google Maps, Moxy Hotels)
Lightstone receives $130M construction loan for new Moxy hotel on LES
Lightstone receives $130M construction loan for new Moxy hotel on LES
Blackstone eyes return to hotel business as real estate fuels strong Q2
Blackstone eyes return to hotel business as real estate fuels strong Q2
Blackstone eyes return to hotel business as real estate fuels strong Q2
How a Singaporean REIT’s mighty US hotel investment sunk
How a Singaporean REIT’s mighty US hotel investment sunk
How a Singaporean REIT’s mighty US hotel investment sunk
525 Lexington Avenue and Ben Ashkenazy (Photos via Google Maps, Getty Images)
Court rules Ashkenazy must pay share of $135M Marriott loan
Court rules Ashkenazy must pay share of $135M Marriott loan
(iStock)
These hotel markets have entered a depression
These hotel markets have entered a depression
Blackstone CEO Stephen Schwarzman and Starwood CEO Barry Sternlicht (Getty)
Here’s an inside look at Extended Stay’s 62K-key portfolio
Here’s an inside look at Extended Stay’s 62K-key portfolio
Sam Chang and 525 Eighth Avenue
Sam Chang unloads Garment District hotel
Sam Chang unloads Garment District hotel
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...