Gothamist: Fire in SoHo at 575 Broadway

Dave

Tue, 24 Jan 2006 23:02:41 -0500

I used to work on the 3rd floor from 1999 to 2004. Part of that floor has collapsed. The 3rd floor had original Warhol's on the walls and I remember seeing an original Haring piece on the top floor service elevator.

Jo

Sun, 22 Jan 2006 20:48:44 -0500

City assessor's estimate of market value = $15,300,000 (e.g., taxable value = 6.85MM, the property taxes are $790K). 128,000 sq ft 100 x 200 x 6.4 FAR 88K office, 40K retail Fair market value? $800 /sq ft = $102.4MM

hamish

Sun, 22 Jan 2006 15:08:57 -0500

Okay, I posted our pics from the inside of the building on Verbose Coma. http://blog.verbosecoma.com/archives/hamishs-diary/fire_sale.php

Andrew J. Lederer

Sun, 22 Jan 2006 12:02:20 -0500

Jeesh! I was in a building across the street and heard all the (annoying) sirens but didn't check it out or think anything of it because it didn't sound any worse than all the other times the masses of emergency trucks have come hollering by.

Jen

Sun, 22 Jan 2006 11:28:02 -0500

I think the work done to the Prada store cost $40 million - but the building/land itself was quoted in the Post as being worth $15 million (but perhaps not adjusted to 2006 market value). So crazy.

hamish

Sun, 22 Jan 2006 10:55:12 -0500

There were a lot of people taking pics. Especially since during all of this you could still pretty freely walk around, and IN the Prada store. It was pouring water from the ceiling. Everything in the building is ruined. I have no photos but we took video. Nuts.

Bobby

Sun, 22 Jan 2006 10:38:32 -0500

Huh? 15Million for the building but the store on the ground level is worth 40 Million? Maybe the building is 150 Million?! This building is also the home of Brandt Publication. Interview Magazine is in this building. Crazy stuff.

TJ

Sun, 22 Jan 2006 10:25:02 -0500

anyone have a link for pics?