(Rendering: DHA Capital)

(Rendering: DHA Capital)

Permits were filed yesterday to tear down 52 Clinton Street in the Lower East Side, making way for the luxury condo development that is forcing the closure of wd~50. The Michelin-starred restaurant is running a countdown clock on its website, ticking down the minutes and seconds until its November 30 closure.

The demolition will set in motion plans for a seven-story, 37-unit residential development at 50-62 Clinton Street. There will be ground floor retail space as well as a roof deck, gym and round-the-clock doorman service, according to owner DHA Capital’s website. The latter puts the development, which is being overseen by Issac & Stern Architects, in the company of luxury buildings like The Ludlow and The Chrystie.

Other businesses on the Clinton Street stretch that met similar fates as wd~50 include Temple of Ankh, Blake Scotland and Rothstein’s Hardware, which moved over to Ridge Street earlier this year. Wylie Dufresne, who launched wd~50 in 2003, has yet to announce plans for relocation.

A call to Joshua Schuster, principal at DHA, was not immediately returned.