Developers Reveal Meatpacking District Renderings [Updated]
Another eye-popper is rising up next to the High Line in the Meatpacking District.
Jeffrey I. Sussman‘s Property Group Partners and Romanoff Equities raised the curtains on 860 Washington Street with the release of new renderings and a marketing website just in time for the beginning of the International Council of Shopping Centers‘ New York City National Deal Making Conference yesterday. The graphics by Williams New York display a 10-story, 113,848-square-foot structure with floor-to-ceiling glass windows that will open on the corner of Washington Street and West 13th Street in the third quarter of 2015, according to the website.
“860 Washington will set a new standard for commercial buildings in the Meatpacking District and around Manhattan,” Mr. Sussman said in a prepared statement.
The office and retail property commands asking rents over $100 per square foot on office floors three through ten and over $600 per square foot for a two-story retail space below, a representative for the developers said. The ownership team hasn’t announced any tenants for the site, but they opened leasing to coincide with the ICSC conference, the representative said.
The new building will mark a stretch of the High Line a block north from the Samsung-leased 837 Washington Street and The Standard, High Line Hotel, along with several other new developments surrounding the elevated public park.
Update: This story was updated with a quote from Jeffrey Sussman and to reflect retail asking rents over $600 per square foot. A representative for the developers initially stated the asking rent was around $500 then later amended the previous statement.