Daniel Wise, operating as an anonymous LLC, has acquired the four-story tenement buildings at 201-203 East Broadway, on the Lower East Side, for $8.5 million last month, according to Bowery Boogie. Last week, demolition permits were filed to knock the buildings down, and asbestos abatement notices were posted on-site. The site boasts 28,152 square feet of development rights, or 37,152 square feet if a community facility is included. New building applications haven’t been filed with the DOB.
Lower East Side
Since late 2013, a six-story, eight-unit mixed-use building has been under construction at 145 Ludlow Street, on the Lower East Side, and now, the building’s exterior has finally been revealed, per Bowery Boogie. Windows have not been installed yet, and interior work is still well underway, but the 12,875 square-foot project should be complete by 2016. Two retail units will split 2,158 square feet on the ground floor, and residential units will average 1,340 square feet, beginning on the second floor. David Howell owns the property, and DHD Architecture Design is the architect of record.
Back in January, YIMBY revealed renderings of Essex Crossing‘s 14-story mixed-use building planned at 175 Delancey Street, on the Lower East Side, where 100 units of senior housing will rise above a four-story podium. Now, NYU’s Lagone Medical Center has disclosed that a 40,000 square-foot medical facility will span three floors in the base, The Lo-Down reports.
A landlord accused of harassing his rent-stabilized tenants at another Lower East Side building has filed applications for a 10-story residential project at 255 East Houston Street.
At the beginning of the year, YIMBY revealed the first few buildings in the Essex Crossing development on the Lower East Side, including the 24-story, 195-unit mixed-use building planned at 115 Delancey Street/80 Essex Street. In the spring, demolition was underway to remove the old Essex Street Market building, and now excavation appears imminent, per Bowery Boogie. Handel Architects is designing, and a Regal movie theater, the Essex Street Market, and an urban farm will occupy the building’s base. Completion is expected in 2018.