The Meatpacking area’s prettiest new project, and perhaps its most expensive office space, will soon emerge from behind scaffolding at the busy crossroads corner of Ninth Avenue and West 14th Street.
Development firm Tavros, headed by Dov Barnett and Nicholas Silvers, are wrapping up work on 50 Ninth — a set of landmarked, 19th Century townhouses next door to the Old Homestead Steakhouse.
The job entailed replacing the damaged facades with original brick and vintage brick from around the US on both the Ninth Avenue and 14th Street sides, which will be used for retail.
The project also includes a new, BKSK-designed, 57,000 square-foot, nine-story, glass-wrapped boutique office building set behind the townhouses.
The fifth floor has already been leased to Sole Source Capital, a Dallas-based private equity firm.
The asking rent on the 6,000 square-foot floor was $180 per square foot, believed to be the highest in the area.
A deal is also rumored to be in the works for a luxury auto brand on a different floor where the “ask” is a record-setting $215.
JLL’s Clark Finney, Howard Hersch, Robin Olinyk and Macy Parana represented Tavros on the Sole Source lease.
Tavros acquired the corner property in 2014.
The team is also behind The Dime, a large-scale, mixed-use project in Williamsburg.
[Written in collaboration with other media outlets with information from the following sources]
