By Kevin Korber of Village Confidential
Some condo conversion projects, like the St. Vincent’s Hospital plan or the Charles Street warehouse, are met with disapproval for the drastic changes they bring. The Printing House building at 421 Hudson Street is not one of those. Converted into a condominium in 1975, 421 Hudson Street has served as a residential building for more than thirty years.
The former printing building, which was one of the city’s first commercial-to-residential conversions, has been home to rental apartments for some time, but new owners purchased the building for $70 million with the intention of converting 421 Hudson Street into luxury condominiums. The building made headlines briefly after a bidder for the building filed a lawsuit against the former owner, Mountbatten Equities, claiming that the seller was not listening to their bid in good faith. (The Wall Street Journal has a summary of that controversy as far as it’s been reported here.)
In the meantime, renovations are planned for 421 Hudson Street. The current rental units will be vacated and re-designed as condo units. (The current size for a one-bedroom in the building is 750 square feet, so expect that to get bigger for the conversion.) Common areas, such as the building courtyard and the lobby, will also be renovated. The lawsuit is not expected to interrupt the conversion process.
Earlier this year, Equinox purchased and renovated the luxury, private gym located in the building and now known as the Printing House by Equinox. The facilities include sweeping skyline views from high floors, state-of-the-art equipment, and an extraordinary rooftop pool that opened earlier this year.
To schedule an appointment to view available apartments at 421 Hudson Street, please call us at (212) 400-4838 or e-mail keytothecity@AkerlyRE.com. To view online listings of other property currently available in the neighborhood, please view our map of NYC Sales Listings.
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