Wednesday, July 29, 2009

Former auto body shop REALLY ready for development

One-story structures seem to be a rarity in the East Village these days, which I wrote back in the fall. Take, for instance, 424 E. 10th St. between Avenue C and Avenue D. Sam's Auto Body Shop moved away awhile ago, I thought, and the building was put up for sale. Perhaps another mechanic can open shop? Ha!



I thought this was already a done deal. Another condo rising. Didn't think much more of this until...the property popped up on Trulia on Monday... According to the listing at Massey Knakal:

East Village residential development opportunity, with a curb cut. Currently a vacant, one story garage on East 10th street between C and D. This site has plans for a seven story, 18 unit, residential building, w/ a total of 16,793 gross SF above grade which includes a 3,679 SF parking garage. Prior to the June 30th 421-a deadline, the plans were submitted to DOB enabling the full property tax exemption benefits. Another option is to file an ?alt plan? and develop the property to custom specifications while still maintaining the 421-a tax benefits. This is a unique project for a developer or user and is ready to go.


So I stopped by 424 E. 10th St. for an updated photo. And what did I find there?



Oh, a seven-story residential building. Shh! Let's keep it our secret!

10 comments:

Goggla said...

lol, see what happens when you look away just for a second...

EV Grieve said...

Do you think if we hurried up and bought it they wouldn't realize there already a seven-story building at the address?

Goggla said...

I'm in!

EV Grieve said...

Cool! Hmm, let's see: I have $35. And some change in a plastic cup.

Goggla said...

I've got a rare copy of Don't Hassel the Hof that should go for meeellions on ebay...

BaHa said...

I've got commemorative spoons from the Jacobite rebellion, via my husband. Let's all go to Antiques Road Show, and then we can take over the neighborhood. (Being shanty Irish myself, I've got nothing of my own.)

Melanie said...

Was at Dry Dock pool earlier today and I saw this new building--I could not believe it myself--went up so fast-wow!!The boarding is down and the sidewalk is ascessible.

Jill said...

This 421a tax abatement is the biggest scam the developers have going for them now. It needs to be stopped.

Jill said...

This hideousness is the true definition of urban blight.

Auto Body Repair said...

It is a very nice and good post. Keep up the good work.