Development

111 Leroy Street

Developed by Property Markets Group and flaunting the architecture of Andrew Kotchen and WORKSHOP APD, this 10-storey building with 5 adjoining townhouses is a new condominium and townhouse development. Located in the intimate and desirable neighborhood of West Village, this building features open, gracious residences enveloped in charm, history, and style. The interiors showcase hardwood floors, oversized windows and open, airy, sunlit layouts that boast of a convenient, premium and luxurious living in New York City. The high ceilings and terrace complement the generously spaced rooms, with the walk-in closets adding a tinge of whimsical detail. The kitchens are custom-made, with a dishwasher, Glass Backsplash tiles, island, stainless steel appliances and wooden cabinetry. A robust amenity package features a gym, parking, laundry service, roof terrace, wine cellar, pet-friendly atmosphere, steam room, and fitness center.

THE REAL DEAL ARTICLE

After a thumbs-down from the local community board, Property Markets Group scaled down its condominium and townhouse project at 111 Leroy Street, and the developer has just released new renderings.

The Kevin Maloney-led firm originally planned a 125-foot-tall, 12-story building with 30 units at the site. After Community Board 2 rejected that design, the firm decided to move forward with a 10-story, 12-unit condo and five adjoining townhouses. 

The five townhouses get shorter as they approach the corner of Greenwich Street, according to 6sqft. Twenty percent of the units will be affordable. The original plans also called for an LGBT center, but PMG will instead build a five-story building that will have senior supportive housing.

PMG’s project is a stone’s throw from Ian Schrager’s 49-unit, 142,000-square-foot condo project at 160 Leroy Street.

PMG is also developing an ultra-skinny, 1,400-foot-tall tower at 111 West 57th Street in partnership with Michael Stern’s JDS Development Group. [6sqft] — Dusica Sue Malesevic

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