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Minskoff files plans for townhouses, apartment building on Jane Street

In a move that’s sure to provoke reaction one way or another, Minskoff Equities is planning to dev

From left: 11 Jane Street and Edward Minskoff

In a move that’s sure to provoke reaction one way or another, Minskoff Equities is planning to develop two townhouses and nine apartments on the site of a parking garage the company bought a little more than a year ago on bucolic Jane Street in the West Village.

The developer filed plans to build a pair of two-story townhouses and a six-story apartment building with nine units comprising 30,597 square feet at 11 Jane Street, according to an application processed by the Department of Buildings Friday.

Minskoff purchased the site, home a two-story parking garage, in late 2014 for $26 million.

The DOB rejected the plans by the site’s previous owner to build a six-story, 41-unit residential project on the property. And since the development site sits within the Greenwich Village Historic District, the plans will have to go before the Landmarks Preservation Commission.

“We and many in the neighborhood have been keeping an eye on this one for a while,” said Andrew Berman, executive director of the Greenwich Village Society for Historic Preservation. “It’s been a long time coming, and since it’s a sensitive location, I think this one will get a lot of attention.”

The Jane Street project appears to be Minskoff’s first move into ground-up development since 51 Astor Place, the mixed-use property that hit full occupancy in early 2015.

Source: The Real Deal