Nazarian Property Group

Demolition Underway at 14 Gay Street in Greenwich Village, Manhattan

Demolition is progressing on 14 Gay Street, a landmarked three-story residential building in Greenwich Village, Manhattan. Located in the Greenwich Village Historic District, the 196-year-old structure was deemed at risk of imminent collapse by the city and was ordered to be immediately demolished. The current owner, Nazarian Property Group under the 14 Gay Street LLC, also owns the adjacent 16 Gay Street to the north and purchased both buildings along with three other nearby sites for around $12 million last April. Howard I. Shapiro & Associates is listed as the applicant of record for demolition permits that were recently filed for the property, which is located between Waverly Place and Christopher Street.

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