Development Assemblage, With Eight-Story Landmarked Building, Acquired At 226-232 East Broadway, Lower East Side

228 East BroadwayPresent-day 228 East Broadway. Credit: CityLand

The Ascend Group has acquired the eight-story, 44,000-square-foot former nursing home and individual landmark at 228 East Broadway, the four-story, 16,000-square-foot office building at 232 East Broadway, and the vacant plot at 226 East Broadway, all for $47.5 million. Plans for the Lower East Side assemblage have not been disclosed, although the Lo-Down has obtained a feasibility study on the site, by Space4Architecture, that includes two new 13-story mixed-use buildings.

No new building applications have been filed at this time, and demolition permits have not been filed for the four-story structure at 232 East Broadway. Any exterior alterations to the eight-story building at 228 East Broadway must be approved by the Landmarks Preservation Commission.

228 East Broadway

228 East Broadway feasibility study. Renderings by Space4Architecture.

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4 Comments on "Development Assemblage, With Eight-Story Landmarked Building, Acquired At 226-232 East Broadway, Lower East Side"

  1. Showing the whole of buildings on renderings, that wants to take part in an eight-story on development.

  2. Any building around a landmark must not be higher then the landmark!

  3. This is a horror show. Stop all the greedy building and blight on our neighborhood. Enough is enough. A landmark, no less. Keep your grimy mitts off, developers.

  4. I live in a leaky moldy HPD building | December 18, 2016 at 11:20 pm |

    BDB needs to look at how HPD is influenced by his good friends at REBNY. How is it that Ron Moelis from L&M and Donald Capoccia continue to get contracts from HPD? Good luck asking HPD how they track their developers to construction defects and year of building. Worst developers continue to get contracts.

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