Tuesday, August 31, 2010

Doom and doomer: More of Cooper Square primed for development

As you can see, a brand-new "For Sale" sign has been hoisted up on the empty lot at Sixth Street and Cooper Square.... the sign just went up, and there's no listing for it just yet at the Massey Knakal site. Add this to the "doomed corners" list.

Previously on EV Grieve:
Your guide to the doomed corners of the Bowery


Anonymous said...

Anti-everything fervor on this site has gotten out of control - what good is the empty lot full of rats that currently occupies Bowery + 6th?

Anonymous said...

second #1: why is this a bad thing?

Anonymous said...

Seconding #1: this is good news right?

EV Grieve said...

Sure, there is the possibility of good news here... perhaps a community facility, senior housing, affordable housing... though given the hyperwave of luxury along here, we'll more likely get a hotel with $500-a-night rooms or luxury condos ... Do we really need more luxury here?

Anonymous said...

Forgive me if I'm mistaken, but it seems like most independent pundits, yourself included, have never attempted what they critique. That doesn't give you any less of a right to publish your opinion, but your opinion is wildly flawed and blind.

As a lifelong proud New Yorker, born and raised (something that most New Yorkers, unfortunately, can't say), I have more at stake in this city than everyone who comes here and offers their two cents on what this city should be. Being old enough to remember the grimy 70's and 80's, growing up riding the subway from Brooklyn to Manhattan, remembering how dangerous that was, gives me enough perspective to know that all development isn't good. Much of it whitewashes what I loved about this city, even though some may deem it to be dirty and dangerous.

That said, as a real estate developer, I also recognize the flaws in uninformed opinions such as yours. Do you have any idea how to finance a real estate investment? Do you have any clue how expensive land is in this city? Take a stab at it some time. Once you see how difficult the economics are in that business, you might understand that it's not that all developers are greedy and want to build luxury everything......it's that the economics usually don't make sense otherwise. And real estate developers are in it to make money, just like anyone else with a job. If you don't want to see vacant lots and dilapidated buildings but don't like how others handle that, go out and find some cash (beg, borrow, steal) and do something about it. Or, being the extreme leftist (read: ignorant idealist) that I suspect you are (again, please forgive me if I'm wrong), complain to the local officials until they provide more public subsidies for development in prime locations.

Anonymous said...

This is good news. That dirty sunken lot is an eyesore and "dead corner" in New York. Hopefully whatever is built there will be aesthetically pleasing.

(I write this as a long-time East Village resident).