Maybe not much longer. As Patrick Hedlund reports in this week's issue of The Villager:
A prime corner property on the Lower East Side with residential development capabilities of nearly 20,000 square feet has hit the market with an asking price of $3.2 million.
The site, at 178 Delancey St. at the corner of Attorney St. near the Williamsburg Bridge entrance, allows for 13,500 square feet of development under the area’s new R8-A zoning designation.
Massey Knakal Realty Services has been retained to sell the 25-foot-by-100-foot site, which currently houses a vacant one-story structure.
With a voluntary inclusionary-housing bonus, which requires 20 percent of a planned project to be allocated to affordable housing for low- and moderate-income families, the residential floor-to-area ratio could allow for up to 18,000 buildable square feet. With a community facility, the F.A.R. would allow for 16,250 buildable square feet.
Here's the corner for sale:
A commenter wrote the following on my post from last September:
i live on this block, and it's a nightmare. despite the downside of developments "taking away from the LES" i gladly welcome them to come into this street and build. it's better than what's currently there.
due to the traffic patter of attorney street (one way, dead end street, that's hard to get to) it welcomes petty crime from car break-ins, to building vandalism, and dumping in that abandoned lot.
nobody cares about the street, as evident by the torches motorcycles, piles of dog shit, and broken car glass littered throughout the sidewalk.
there have been two fires set in that abandoned lot in the past month. if that's not dangerous enough, the twisted scrap metal that hangs off the boarded-up entrance will surely put your eye out. Conveniently, this all occurs within 20 feet of an elementary school.
I have called 311, the police, and the department of sanitation over a dozen times, and nothing seems to get done. I would gladly welcome developers coming down and cleaning up that street - certainly the city is in no rush to do it.
Clinton Papaya gutted (BoweryBoogie)