Developer, designer, builder and property manager, DDG has raised the curtain on their highly anticipated condo development, 12 Warren. Its facade of roughly-hewn bluestone is meant to evoke the natural uneven stacking of the material. In what must have taken quite the effort to detail,variously dimensioned slabs, ranging from standard-sized bricks to large lintel blocks, protrude from the exterior at varying depths. While more commonly seen underfoot as sidewalk pavement, here the brittle stone’s soothing tone softens the building’s form, whose still-shrouded cliff-like top will incorporate a wild display of projecting volumes and terraces. As simply stated by architecture critic Carter Horsely, “DDG continues its elegant campaign to make New Yorkers lust after bluestone rather than brownstone.”
With a second Tribeca project soon to come at 100 Franklin Street, the 12-story, 13-unit building at 12 Warren Street is the firm’s first undertaking in the neighborhood, located steps from City Hall Park. The team, led by Joe McMillan, has been busy sprinkling bluestone and vegetation-laden buildings throughout the town.
Erupting mid-block between Broadway and Church Street, the long-planned project is an enlargement of a former five-story printing factory that DDG acquired for a bargain price of $14.8 million during the tail end of the recession.
Its wide building footprint allows for 13 spacious residences, consisting of a triplex, duplex and full-floor homes. The environmentally conscious building will seek LEED accreditation and will be equipped with an irrigated exterior planter system, green roof and vegetated marquee. Most homes feature private outdoor spaces, and building amenities will include a 24-hour doorman, concierge, fitness center, tenants’ storage, bicycle parking, and private elevator access to most of the residences.
According to data from CityRealty, the average closing price per square foot for Tribeca condos stands at $2,012, up a staggering 23 percent since October of last year and nearly double the figure of October 2009. Sales at 12 Warren are expected to launch later this year.
The project joins an eclectic block of old and new, whose neighbors include the Tuckahoe marble-clad condo at 8 Warren Street and the thin-skinned Tribeca Townhomes to the west.