Real Estate Weekly
Image default
Construction & Design Residential

Japanese architect to design NoLita condo

Tadao Ando examines a model of the new condo
Tadao Ando examines a model of the new condo

Sumaida + Khurana, a New York-based development firm founded by Saif Sumaida and Amit Khurana, has announced plans to build an “ultra luxury condoˮ in NoLita designed by Japanese master architect Tadao Ando.

Hunton & Williams represented Sumaida + Khurana in a recently closed $21 million deal to acquire a site at 152 Elizabeth Street in New York City.

Sumaida + Khurana have also announced plans to develop the site into an approximately 32,000 s/f iconic, ultra luxury condominium building.

Featuring eight units, the building will be located at the corner of Kenmare and Elizabeth Street. Construction is expected to begin later this year and the building will be completed in 2016.

The developers have commissioned world-renowned Japanese master architect Tadao Ando to design the project.

It will be his first residential condominium project in New York City. American Institute of Architecture award-winning architects Michael Gabellini and Kimberly Sheppard will collaborate on the building’s interiors and serve as the Architect of Record.

The Hunton & Williams team advising the developers is led by Carl F. Schwartz and includes Sean P. Ducharme, Laurie A. Grasso, Lori Philipson and Kevin A. Wakefield (New York)

(Visited 1 times, 1 visits today)

Related posts

MassHousing Closes on $21.4 Million for the Refinancing and Extension of Affordability at the 103-Unit Wilkins Glen in Medfield      


ODA Announces Ombelle, A Duo of Towers for Downtown Fort Lauderdale


Bell Partners Acquires Two Multifamily Communities in Charlotte