One Manhattan Papaya King is no more, with demolition permits filed for the former single-story structure at 3 Saint Mark’s Place in the East Village in mid-March. Now, permits have been submitted for a five-story retail and office building in its stead. Saint Mark’s has a vibrant and thriving cultural legacy, featuring a diversity of retail and restaurants. This permit will bring a bit of modernization to the Third Avenue gate to the street. Real Estate Equities Corporation is responsible for the development.
Real Estate Equities
Construction at 196 Orchard Street on the Lower East Side of Manhattan has reached a new milestone, with the installation of the building’s glazed-brick façade nearing completion. The 11-story residential building stands above Houston Street, beside Katz Delicatessen. It reaches a height of 120 feet, thanks to the purchase of air rights from the deli.
Permits have been filed for the demolition of four small structures along Madison Avenue, between East 88th and 89th Street on the Upper East Side. Both 1228 and 1230 were single-story commercial buildings. 1232 and 1234 were four-story commercial and residential buildings. Real Estate Equities Corporation is responsible for the demolition.
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.
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.