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.

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Rayna Katz

Rayna Katz is a seasoned business journalist whose extensive experience includes coverage of the lodging sector, travel and the culinary space. She was most recently content director for a business-to-business publisher, overseeing four publications. While at Meeting News, a travel trade publication, she received a Best Reporting award for a story on meeting cancellations in New Orleans during Hurricane Katrina.