The blocks between Greenwich Village and Union Square have seen several developments rise over the past few years, especially on East 12th Street, between Fifth Avenue and University Place. While NIMBYs are attempting to pass another rezoning to restrict new construction even further, that will not stop progress at 21 East 12th Street, which has now officially topped-out.
Since topping out early this year, exterior work is now nearing completion on the tower portion of the 13-story, five-unit mixed-use project at 347 Bowery, located on the corner of East 3rd Street in the East Village. Bowery Boogie first spotted the scaffolding coming down, and the photo below, posted to the YIMBY Forums, is by Tectonic.
In September of 2015, Stellar Management acquired, for $12 million, the two-story, 7,500-square-foot commercial building at 130 Second Avenue. That’s located on the corner of St. Marks Place in the East Village. It has now been revealed that Stellar will renovate the existing building, formerly occupied by a Chase bank branch. It will become the headquarters of the currently TriBeCa-based non-profit art organization Swiss Institute, Curbed NY reported. Besides upgraded office space, new elements will include event spaces, a library, a bookstore, and a rooftop terrace. Selldorf Architects is designing the renovation and completion is expected in 2017.
William Macklowe Company is getting ready to start construction and launch sales for its 23-story condo tower at the corner of University Place and East 12th Street in the Village. YIMBY has the first renderings of the project, which will be known as 21 East 12th Street, courtesy of PR reps and a new teaser site.