Carter HorsleyFeb 13, 2015
Carter's Review
DHA Capital LLC, which Dan Hollander is managing principal, acquired the development site for a very handsome, 7-story building with 37 condominium apartments at 50 Clinton Street on the Lower East Side between Stanton and Riverton Streets for $28 million in the fall of 2014.
DHA Capital’s other projects in the city include 12 East 13th Street and 535 West 43rd Street.
Isaac & Stern is the architect and Paris Farino is the designer.
The site was formerly occupied by a one-story building that housed WD-50, a popular restaurant run by Wylie Duffresne.
Completion is expected in 2016.
Bottom Line
An impressive, “industrial-style,” red-brick building on a very hip street in the heart of the Lower East Side designed by the very elegant architectural firm of Isaac & Stern.
Description
The top two floors of the red-brick building have large, arched windows and all windows are multi-paned and inset between piers.
The center portion of the top floor is setback and the one-story base of the building is clad in dark metal.
Amenities
The building will have a 24-hour doorman, a landscaped roof deck, a gym and a bicycle room.
Apartments
Residential units will range in size from one- to three-bedrooms.
- Condo built in 2016
- 3 apartments currently for sale ($1.75M to $2.95M)
- Located in Lower East Side
- 37 total apartments 37 total apartments
- 10 recent sales ($1.2M to $3M)
- Doorman
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