Edward J. Minskoff Equities gets TCO for $96M condo project in West Village

Edward J. Minskoff Equities, on May 13, was issued a temporary certificate of occupancy for a $16 million change in use to a seven-unit, residential building at 17 Jane Street in West Village.

The plans called for an increase in the size of the building to a 74-foot tall, 6-story, building with seven residential units, from a two-story public garage building.

The residential condo project has a $95.975 million sell out price, and was declared effective November 6, 2019. It has not yet recorded a condo declaration. The condo filing number is CD180099.

The project is described in the filings as: partial demolition of existing parking garage and construction of six story residential building. The initial cost as reported in the DOB filing for the work described in this permit application is $16,000,000.

Building plans show that the cellar of the building will have a fitness center as well as offices, storage space, and a recreation room. The ground floor has a lobby and part of two townhouses. The other sections of the townhouse will both be on the second floor. Floors three and four have apartments while floors five and six will be used for the bottom and top sections of a duplex.

The property was acquired for $26 million on November 14, 2014, and Minskoff recorded a $60 million construction and development loan in August of 2017.

Direct link to Acris document.LINK

Direct link to DOB document.LINK

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