Arthur Shapolsky is set to acquire the development assemblage consisting of 23-27 Third Avenue and 3 St. Marks Place in the East Village, across the street from Astor Place. The properties, set to trade for roughly $50 million, are currently occupied by a three-story townhouse and some retail structures. The site could accommodate a new building of 41,500 square feet, though plans have not yet been disclosed.
Venetian Management’s six-story, 30-unit residential building underway at 321 East 3rd Street, in the East Village, has topped out, according to EV Grieve. Cladding has yet to be installed, but the structure appears to in preparation for façade. The building will measure 23,000 square feet, which means units will average 767 square feet each, and Gerald Caliendo is designing. Completion is likely by the end of 2015.
Construction has begun to expand the existing four-story, single-unit residential building at 222 East 7th Street, in the East Village, into a six-story, eight-unit structure, EV Grieve reports. Residences will average 1,100 square feet, and Edward Guterman is the applicant of record on filings. Steven Salvesen is the property owner, and the completion date is currently unknown.
Excavation and drilling have commenced at Extell Development’s site spanning 500-524 East 14th Street (excluding No. 520), in the East Village, EV Grieve reports. A number of single-story retail structures were demolished to make-way for the two-building, seven-story mixed-use development, which will eventually have 150 residential units and 56,610 square feet of retail. Signage reveals an expected completion date of January 2017.
Renderings have been revealed of Amirian Group’s and Bridgeton Holding’s planned two-building residential development, dubbed Thirteen East + West, at 436 & 442 East 13th Street, in the East Village. At both sites, six-story, six-unit residential buildings were filed with the DOB last December, both measuring a spacious 10,000 square feet. Thomas Vail (of Vail Associates Architects) is designing. The existing two-story buildings were approved for demolition in April.