Normandy, Ares file plans for office project in Greenwich Village

New 183K sf building to replace the historic St. Denis Hotel

New York /
Apr.April 12, 2018 12:10 PM

797-799 Broadway, Normandy’s David Welsh and Ares’ Michael Arougheti

Updated: Mon. Apr. 16, 1:32 p.m.: Normandy Real Estate Partners filed permit applications on Thursday for its upcoming office development at 799 Broadway, Department of Buildings records show.

The company previously announced a 190,000-square-foot development, though new plans call for 129,000 square feet, according to the permit filings. A spokesperson for Normandy, however, said the cited square footage does not include cellar and basement space. Rentable square footage of the completed building should be 183,000 square feet, he said.

The East Village site is home to the former St. Denis hotel, which is already being prepped for demolition.

Rendering for the new building (Credit: Perkins + Will)

As of February, the company was still looking for extra air rights in order to build out the entire 12-story property as planned, The Real Deal reported.

Meanwhile, Normandy’s development partner, Ares Management, is known to be shopping its 50 percent stake in the project. Normandy plans to break ground this summer, the spokesperson said.

A rendering for the planned building suggests a contrast to its surroundings, which include a cast iron loft building next door at 67 East 11th Street that was built in 1868.

The new permit applications call for office space on floors 2 through 12 of the building, with retail on the ground floor, where brokerage JLL will handle leasing. Most floors will have some outdoor terrace space.


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