New renderings have been revealed of the redesigned eight-story, 22-unit mixed-use project under development at 75 First Avenue, located between East Fourth and Fifth streets in the East Village. The project’s developer, Colonnade Group, is expecting the building’s condominiums to sell for a combined $42 million, The Real Deal reported. The latest building permits indicate the structure will encompass 30,058 square feet and rise 80 feet to its main roof.
75 First Avenue
Back in 2014, YIMBY revealed renderings of Ozymandius Realty and Orange Management’s planned eight-story, 27-unit mixed-use building at 75 First Avenue in the East Village. Now, the long-time owners are selling the site to Colonnade Group. The site allows for an eight-story, 35,000 square foot building with retail, but it’s not known whether the new developer intends to follow the previously filed plans. The previous owners began assembling the site in 2005, when a 14-story building could have been built, before the city downzoned the East Village in 2008, according to The Real Deal. NO Architecture designed the old proposal.
The first renderings are up for an 8-story development at 75 First Avenue, in the East Village; the site’s developer is Orange Management, and the project’s designers are HTO Architects and NO Architecture. NO Architecture’s Architizer…