NEW YORK CITY—A new joint venture between Colt Equities and RubyVentures has acquired the leasehold of 11 Greene St. and plans tobuild a mixed-use development at the site.
Located on a historic, cobblestone SoHo street, the propertyoffers 172 feet of frontage on Greene Street and over 65 feet onCanal Street. The site—which is currently being operated as asurface parking facility—consists of a 13,090 square foot lot,which allows for the development of a building featuring more than75,000 gross buildable square feet, including sub-grade space in aseven-story envelope.
Plans for the property include approximately 16,000 square feetof ground-floor and lower-level retail space as well as over 30luxury residential rental units above, with a partial mezzaninelevel.
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