Taconic, Thor break ground at West Village commercial building

TRD New York /
Oct.October 22, 2012 06:00 PM

Taconic Investment Partners and Thor Equities announced today the start of construction of a 55,000-square-foot office and retail property at 837 Washington Street. Occupancy is expected for the fall of 2013.

The existing two-story, 13,125-square-foot structure will be restored and integrated into the new development with the addition of four stories on top of it.

Three levels of retail will total 28,000 square feet with a corner presence on Washington and 13th streets, not far from the High Line and the Standard Hotel. The office section of the building will measure 27,000 square feet. There will also be exterior terraces: 500 square feet on the second floor, 3,500 square feet on the floor above and 3,000 square feet on the rooftop.

Morris Adjmi is the architect on record. The building has been designed for LEED Gold certification.

As previously reported, Thor paid $55 million for a 75-percent stake in the development. The Department of Buildings signed off on the zoning approvals for the development this summer. — Zachary Kussin

Related Articles

93 North 9th Street in Williamsburg, Thor Equities' Joe Sitt, and a KAWS statue (Credit: Google Maps and Jim Bowen via Flickr)

Acclaimed artist KAWS pays $17M to expand Williamsburg studio

LoanCore Capital's Mark Finerman and 125 West End Ave (Credit: Google Maps)

LoanCore lends Taconic, Nuveen $181M on West End Campus buy

Thor Equities' Joe Sitt and 725 8th Avenue (Credit: Google Maps)

Thor facing foreclosure at Theater District building

Thor Equities' Joe Sitt and a closeup of 545 Madison Avenue (Credit: Google Maps)

Thor Equities loses 545 Madison Avenue

Alderman Brendan Reilly (Credit: iStock)

The Chicago condo deconversion craze is dying

Clockwise from left: 270 Richards Street in Brooklyn, 72-01 Queens Boulevard in Queens, and 2069 Bruckner Boulevard in the Bronx (Credit: Thor Equities, Azimuth)

The top 10 biggest real estate projects coming to NYC

Joe Sitt and 1725 Shore Parkway in Bensonhurst (Credit: Google Maps)

Thor sells Bensonhurst big-box store for $75M

545 Madison Avenue and Thor Equities CEO Joe Sitt (Credit: Google Maps)

Thor Equities on the verge of losing another building in Manhattan