Bizzi, Halpern, Shvo file plans for Soho residential project

25-story building will house 115 units across 242K sf

TRD New York /
Jun.June 03, 2015 11:49 AM

Bizzi & Partners Development, Halpern Real Estate Ventures and developer Michael Shvo are planning a 25-story residential building at 100 Varick Street in Soho, according to permits filed Wednesday with the Department of Buildings.

The building, which will occupy the vacant lot at 100 Varick between Broome and Watts streets, will feature 115 units across 242,350 square feet of residential space. The project also includes more than 17,000 square feet of retail space on the first and second floors.

The development will house eight apartments on each of the third and fifth through 10th floors, while the fourth floor will have 10 apartments. Four duplex units will be spread across the 11th and 12th floors, while the 13th through 22nd floors will get four apartments each, according to the filing.

The 23rd and 24th floors of the project will house two apartments each, while two penthouses with roof access and a single apartment will top off the 25th floor. Building amenities will include a swimming pool, an exercise room and a 39-car garage.

Bizzi, Halpern and Shvo — in partnership with Itzhaki Acquisitions and Aronov Development — filed demolition plans for the site last June. The parties, who acquired the site through a joint venture for $130 million in January 2014, could not be reached for comment.

SLCE Architects, the project’s architect of record, could not be reached for comment. Renderings for 100 Varick Street were released in March.

Bizzi teamed with Shvo last year on the acquisition and residential development of 125 Greenwich Street in the Financial District.


Related Articles

arrow_forward_ios
TRD-Talks-Live-Shvo

Michael Shvo on the Bible, Batman and why NYC will bounce back

Michael Shvo on the Bible, Batman and why NYC will bounce back
Michael Shvo, Thor Equities’ Joe Sitt, Wharton Properties’ Jeff Sutton and 530 Broadway

Michael Shvo closes on Soho retail building for $382M

Michael Shvo closes on Soho retail building for $382M
The Coca-Cola building at 711 Fifth Avenue and Michael Shvo (Credit: Google Maps)

Michael Shvo, partners secure $545M loan for Coca-Cola building

Michael Shvo, partners secure $545M loan for Coca-Cola building
Michael Shvo and 530 Broadway with Joe Sitt of Thor Equities and Jeff Sutton of Wharton Properties (inset) 

Michael Shvo secures $210M loan for 530 Broadway buy

Michael Shvo secures $210M loan for 530 Broadway buy
The Transamerica Building in San Francisco and Michael Shvo (Credit: iStock)

Shvo, partners buy San Francisco’s iconic Transamerica Building for $700M

Shvo, partners buy San Francisco’s iconic Transamerica Building for $700M
Wharton Properties' Jeff Sutton, Thor Equities' Joe Sitt, 530 Broadway and Michael Shvo

Jeff Sutton and Joe Sitt are selling 530 Broadway for $400M

Jeff Sutton and Joe Sitt are selling 530 Broadway for $400M
From left: Adamson Associates' Alan Tearle, Handel Architects' Gary Handel, Aufgang Architects' Ariel Aufgang (Credit: Getty Images, iStock, Adamson, Aufgang)

These architects designed the most new dev in NYC this year

These architects designed the most new dev in NYC this year
685 Fifth Avenue and Michael Shvo (Credit: Shvo)

Shvo, partners land $120M construction loan for 685 Fifth Avenue

Shvo, partners land $120M construction loan for 685 Fifth Avenue
arrow_forward_ios

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

Loading...