New York–Izaki Group Investments USA (IGI USA) announced that its subsidiary has closed on the acquisition of 93 Worth Street in Manhattan.
IGI plans to complete a major renovation and restoration of the building at 93 Worth Street, creating a high-end condominium with CORE serving as the exclusive sales and marketing agency, and ODA-Architecture as the project architect. The 175,000-square foot building will be a modern luxury condominium with a total of 96 units, in addition to amenities such as a 24/7 doorman, a gym, a children’s playroom, a lounge and a 3,845-square foot roof top. In addition to the residential living space, the property will offer approximately 10,000-square feet of commercial/retail space. Built in 1924, the building at 93 Worth Street historically served as one of TriBeCa’s garment factories and was used as an office building over the past five decades.
Apartments will go on sale in 2013.