Astor Place Tower, Residential high-rise in NoHo, Manhattan, United States.
Astor Place Tower is a 21-story residential high-rise in NoHo with a glass and metal exterior featuring geometric patterns across its facade. Residential units occupy the upper floors while retail space on the ground level houses a bank branch.
The triangular site was a parking lot owned by Cooper Union, which leased it to The Related Companies for 99 years. An earlier plan by Ian Schrager and Related, with Rem Koolhaas or Frank Gehry as architect, called for a roughly 100-room hotel with a movie theater, due in 2002. That hotel was never built; Charles Gwathmey's residential tower replaced it, with a retail base including a Chase bank branch.
Critics read the tower as a symbol of gentrification in NoHo, and condo sales were slow after completion. Its developer was The Related Companies, working with architect Charles Gwathmey on the triangular former parking lot leased from Cooper Union.
The tower occupies a triangular lot on Astor Place in NoHo, with a retail base that includes a Chase bank branch at street level. Cooper Union owns the land and leased it to the developers for 99 years. The nearest subway is the 6 at Astor Place.
The triangular plot was leased by Cooper Union to the developers for 99 years, and the lease required the building to be an "original artistic invention". An earlier plan by Ian Schrager and Related, with Rem Koolhaas or Frank Gehry as architect, envisaged a roughly 100-room hotel with a movie theater, due for completion in 2002; it was never built.
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