Since Broad Street Development is squashing a historic nursery school to put up a 25-unit condominium — and in a neighborhood that has fought fiercely to keep its low-key image — the developer has planned something that won’t stick out like a sore thumb.
Broad Street Development is razing a portion of a 100-year-old school run by the Children’s Aid Society at 215 Sullivan Street, including a playground and theater, to erect a 25-unit condo structure in its place.
But it could be worse, neighbors have said.
Broad Street’s plans for the $83 million building to fit right in with the Village, according to a report from the New York Times. Should everything go according to plan, the building would feature a brick facade with steel-and-glass sections, and would rise only six stories — much less ambitious than the 14 the property is zoned for.
And the icing on the cake: Broad Street plans to keep the school’s 19th-century gabled building, according to a representative.
The project will be marketed by Douglas Elliman’s Frederik Eklund, John Gomes and Sarah Burke, as The Real Deal previously reported. [NYT] — Angela Hunt
Correction: An earlier version of this article didn’t specify which buildings the developer would demolish.