The landmarked 19th-century Rundbogenstil Romanesque revival building at 73-81 Beaver Street will be converted from an industrial complex into a mixed commercial and residential one with 34 rental apartments.
A spokesperson for DXA said the historic building will undergo a full rehabilitation as part of the conversion. The ground floor and three cellar levels will be converted to commercial use.
The conversion and enlargement project will include a full restoration of exterior masonry, installation of new windows and glass storefronts for commercial tenants, and a new copper-clad rooftop penthouse.
As part of the renovations, the fire escapes on the building will be removed, and the penthouse has been designed to echo rooftop storage structures of historic Brooklyn breweries.
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