NEW YORK CITY-Developers Richard Born, Ira Drukier and Charles Blaichman, principals of Perry Street Development Corp. LLC, begin construction on 166 Perry St., an eight-story condominium building. The property is located between Perry Street and Charles Lane in the West Village area of the city.

Designed by locally based Asymptote Architecture, the roughly 60,000-sf property, which is scheduled for fall 2008 occupancy, has projected prices of $2100 per sf, notes James Lansill, senior managing director of Corcoran Sunshine Group, exclusive sales agent for the project. Richard Born, developer of the project, tells that construction costs are roughly around $500 per sf.

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