Plans for the replacement at 119-121 2nd Avenue have been submitted to the Landmark Preservation Commission, allowing the public a first look at what may be coming to an East Village corner. The three lots previously on the site were cleared from the devastating 2015 East Village gas explosion, which injured 19 and caused two deaths. The two lots were purchased for $9.15 million in 2017, and permits were filed in late February 2018 for the replacement. Nexus Development will be responsible for the rebuild, first revealed by EV Grieve.
East Village Gas Explosion
Permits have been filed for a seven-story mixed-use building at 119 Second Avenue, in the East Village. The development will rise on the site of a tragic explosion from 2015, which claimed two fatalities. After the event, three buildings were demolished and cleared. The new project will fill one of the three addresses. Nexus Development is heading the project, partnering with Immobiliare Capital and Premier Equities. According to the Real Deal, Nexus purchased 119 and 121 Second Avenue in 2017 for $9.15 million. 123 Second Avenue was sold to Ezra Wibowo in 2016.