Nolita

Early last September, YIMBY reported on filings for an eight-story mixed-use building, with 64 hotel rooms and 21 residential units, at 134-142 Bowery, in Nolita. Now, developer Emmut Properties has purchased the assemblage for $47 million. The new development will measure roughly 47,000 square feet, and the residential units will probably be rentals, averaging just 659 square feet. Demolition permits were filed over the past year to raze the existing two- and three-story buildings.

Lyco Investment Corp. and Nexus Development are planning to build an eight-story, six-unit mixed-use building at 258-260 Bowery, in Nolita, according to Bowery Boogie. The project has not been submitted to the DOB, but permits are already on file to demolish the existing three-story building. A rendering includes some form of commercial space on the ground and second floors, and condos begin on the third floor, meaning full-floor units are likely. Morris Adjmi is designing, and the façade is required to be masonry.

Property owner Robert Balter has tasked Eastern Consolidated to market the vacant three-story, 4,900 square-foot building at 216 Bowery, in Nolita, according to Commercial Observer. The property is being advertised as a development site, and a new building could measure 15,000 square feet. The marketing team estimates the building is likely to fetch north of $4.1 million.