The hotly debated warehouse conversion at 333 Carroll Street is under negotiations to be acquired by Wilpon Development Co., which wants to tear it down and combine the lot with neighboring Regency Carts Hotel site, according to a tipster. Since Wilpon recently purchased the hotel at 337 Carroll, the tipster said, the developer wants to demolish both buildings to create a “jumbo lot.” Developer Isaac Fishman first filed permits to convert the red-brick warehouse at 333 Carroll to apartments in 2005, and according to DOB records, wanted to build 31 units. He then proceeded to put up a 40-foot steel addition so ugly (and illegal) that neighbors took to calling it the “Hell Building.” Although the addition came down in April 2011, construction for the rumored rental units continued through this summer.
Regency Carts Sale Hits Public Records [Brownstoner]
Conversion for Regency Carts, Rentals for Hell Building [Brownstoner]
Work Moving Along at 333 Carroll Street [Brownstoner]
What Goes Up Must Come Down [Brownstoner]
Warehouse Conversion at 333 Carroll Street Getting Closer to Completion [PMFA]