These three landmark buildings in Soho’s cast iron historic district were combined into a single center core structure to create new residential condominium units and multi-level retail space. Millions of investment tax credit dollars were made available to investors by the Department of the Interior for conformance to their standards for historic rehabilitation.
In 2002, the building’s facade and interiors were restored and converted into luxury residential condominiums above retail stores setting record prices for the Soho luxury market. Four floors of commercial space improvements were funded through bonds issued by New York State’s Industrial Development Authority, which also exempted the project from realty, state and city taxation. High end retailers at the ground level are Tiffany & Co. and Icebreaker.
The three contiguous landmark cast-iron structures at 108-118 Wooster Street were restored into cooperatives, condominiums and high-end retailers. Together with its adjoining Greene and Wooster Street neighbors, they form the largest redevelopment in Soho.