Plans have been announced for a 149-unit residential tower at 122 Varick Street in Hudson Square , Manhattan. Developed by a newly formed joint venture between Global Holdings and MAG Partners, the structure will span approximately 192,000 square ...


Plans have been announced for a 149-unit residential tower at 122 Varick Street in Hudson Square, Manhattan. Developed by a newly formed joint venture between Global Holdings and MAG Partners, the structure will span approximately 192,000 square feet. The project will also include more than 5,000 square feet of ground-floor retail space. The property will utilize a long-term ground lease with Trinity Church NYC and is located at the southeast corner of Varick and Dominick Streets. The property’s rental units will be delivered under the 485-x program, with roughly 25 percent designated as permanently affordable housing. The project follows the firms’ previous collaboration on Anagram Turtle Bay, a 194-unit mixed-income development. The site is currently occupied by an open-air parking lot. submitted by /u/Lisalovesreading [link] [comments]