More than a year ago, we had the scoop on a new 12-story condo project planned on five parcels at Delancey and Pitt streets. A group of 53 investors bought the lots for $8.5 million with the intention of putting up a residential building that they and their families would eventually call home. The sale precipitated the closure of T&J Auto Repairs, which occupied one of the lots. Now Buildings Department permits have emerged indicating that the project is, in fact, moving forward.
The records indicate there will be 69 apartments and an 8,000 square foot community facility. The plans also call for a rec room, small gym and 11 parking spaces. As we reported last year, the architect will be Michael Kang. A corporation formed to buy the building, Delancey Bridge Tower, Inc., is made up of Chinese-Americans, currently living throughout the five boroughs.
The properties were previously owned by Tony Marano, who also operated the auto garage. They include 206, 208 and 210 Delancey St. and 49 and 51 Pitt St. We were told the building would be ready for occupancy in two or three years.