Katz’s new neighbor is rising quickly. Construction at 196 Orchard Street, next to the delicatessen on the Lower East Side, is moving along, though pushing past its original estimated completion date of late 2017. The 11-story structure has topped out, and façade installation has reached the sixth floor.
Construction is wrapping on the eight-story, 32-unit mixed-use building under development at 100 Avenue A, located between East 6th and 7th streets in the East Village. Photos of the progress can be seen in an EV Grieve report. The latest building permits indicate the project encompasses 51,121 square feet. The ground and cellar levels will host a 12,000-square-foot Blink Fitness, followed by 32 residential units. They will be condominiums and should average 950 square feet apiece. Amenities include storage for 46 bikes, plus laundry facilities, storage space, and a rooftop terrace. Ben Shaoul’s Magnum Real Estate Group is the developer and Issac & Stern Architects is behind the architecture. Built In Studio is designing the interiors. Completion is expected later this year.
The Lower East Side is in the midst of a new era of transformation. The Streit’s Matzo Factory has moved, construction of Essex Crossing is humming along, a neighborhood-wide beautification project should reach its goal this summer, and the Lowline is moving forward. The Houston Street corner opposite an iconic deli is also getting a new neighbor, and now there’s a new look at that project.
Earlier this year, YIMBY revealed renderings of Magnum Real Estate Group and Real Estate Equities’ 10-story, 83-unit mixed-use building planned at 196 Orchard Street, on the Lower East Side. Now that demolition is complete on the site’s old commercial buildings, excavation work appears imminent, per Bowery Boogie. A pile driver has appeared on-site as well as other excavation equipment. Once complete, the building will also have 13,463 square feet of retail space on the ground floors, and Ismael Leyva is designing.
In the beginning of September, concrete and rebar rose from the ground at 100 Avenue A, in the East Village, where Ben Shaoul initially planned a six-story, 29-unit residential building with retail space. EV Grieve points out the building has climbed to an unexpected seventh floor, and, per the DOB, an eighth floor is on the way. The building will now contain 44 residential units, averaging 735 square feet, and Blink Fitness is expected to take 12,000 square feet on the ground floor. Issac & Stern Architects have designed the project, and completion is expected next year.