PMG gets TCO for 12-unit, $75.7M condo in West Village, five years after plans were filed

Property Markets Group, on March 2, was issued a temporary certificate of occupancy for construction of a 12-unit, 29,638-square-foot condo at 111 Leroy Street in West Village. Richard Lam, a partner at the firm, filed the plans.

The condominium, CD160101, currently has a sellout price of $75,765,000 with the New York State Attorney General.

The plans, pre-filed on December 8, 2015, call for the construction of a 124-foot tall, 10-story residential building. The time from pre-file to TCO was five years and three months.

The project is described in the filings as: erect new residential (R-2) building  at 111 Leroy Street.

The ground floor has a lobby, lounge, and one dwelling unit, per the plans. The second floor has one dwelling unit, the third floor has four dwelling units, while floors four through 10 each have one dwelling unit per floor. The roof has a recreation area while the cellar has a fitness room. The building also has a residential yard.

The developer’s website describes the units in the Workshop APD-designed building as private townhouses.

The property was acquired with 2 other properties for $19.1 million on May 5, 2014.

Direct link to Acris document. LINK

Direct link to DOB document. LINK

Direct link to C of O document.LINK