Bond Street may soon be renamed “Condo Row.”
Self-storage king Adam Gordon recently told The Observer he plans to break ground on a nine-story condominium at 41-43 Bond Street later this year. Mr. Gordon’s Adam Gordon Holdings closed on the buildings located at that address earlier this week for $7.7 million, according to city records.
“I decided to go forward with the project because I really think that the cast-iron and terra cotta architecture and cobblestone streets make Bond Street unique,” Mr. Gordon told The Observer.
The block of Bond Street between the Bowery and Lafayette Street is rapidly becoming a designer condo haven. Mr. Gordon’s development will sit across the street from Ian Schrager’s 40 Bond and down the block from the Deborah Burke-designed condos at 48 Bond.
“We don’t have a name yet,” Mr. Gordon said. “But Steven Harris Architects is responsible for the design.”
41-43 Bond Street is not the only property on the block that Mr. Gordon snatched up recently. He also bought the Bouwerie Lane Theater at 54 Bond Street. He intends to make the landmarked building his home after he unloads his current spread at 92 Jane Street, which is on the market for $14.9 million.