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.
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