The Real Deal New York

Developer to bring 25-unit condo to Sullivan Street site

Broad Street taps Elliman's Eklund, Gomes and Burke to market project

Broad Street Development, the builder behind such projects as Maison East on the Upper East Side and 184 Thompson in the West Village, is slated to bring a new condominium project to a site in Greenwich Village formerly home to the Children’s Aid Society, The Real Deal has learned.

Douglas Elliman Development Marketing has been tapped to market the project, located at 209-219 Sullivan Street; the sales effort will be led by brokers Fredrik Eklund, of “Million Dollar Listing New York” fame, John Gomes and Sarah Burke.

Broad Street paid $33 million for the site, which is made up of a two buildings and a parking area, records show.

While both the developer and the brokerage team declined to comment on the exact plans for the project, city Department of Buildings records reveal that Broad Street has filed plans for a 65,000-square-foot project with 25 individual residential units spread over seven stories. Elements of the existing structure, designed by architect Calvert Vaux, will be preserved, while a new structure will be added to the site.

The majority of the building’s units will have access to private outdoor space, Eklund said, as well as private parking. He declined to comment on pricing.

Cushman & Wakefield represented the Children’s Aid Society in the 2011 sale of the site, known as the Philip Coltoff Center, which angered some members of the local community, including actress Brooke Shields.

Some also tried to speed up a proposed landmarking of the society’s main building before the sale went through. The building has not been landmarked, according to the website of the New York City Department of Planning.

The Elliman team said further details of the condo would be revealed with the opening of the sales office in the first quarter of 2014.

“Once revealed, it will be one of the most talked about new developments in the city,” Gomes said.