The developer, whose name was not disclosed, intends to build on the corner of Houston and Avenue D. There would be 166 rental apartments, 34 of them affordable. This past Tuesday evening, CB3 accepted the committee’s recommendation to approve the deal, with 18 voting yes and 11 voting no.
Anyway, I stumbled upon the ground floor retail listing the other day at Robert K. Futterman & Associates (RKF) ...
Per the listing...:
Ground Floor - 9,711 sf
Basement - 4,816 sf
120 feet on Avenue D
70 feet on East Houston Street
Fourth Quarter 2011
Banco Popular, Capital One, Duane Reade, FedEx Office, Dunkin Donuts, Subway and Baskin-Robbins
- Brand new 180-unit luxury residential rental building
- High ceilings
- Over 12,000 apartment units within a five-block radius
- In close proximity to Tompkins Square Park
Possession by the end of next year? Seems awfully ambitious, but OK... The "neighboring tenants" mostly seem to be the ones at Red Square or One Avenue B... obviously only chain stores could afford the asking prices for retail here... this will be a development that many people will continue to watch...
Previously on EV Grieve:
Avenue D's future