Thursday, January 19, 2012

Is an 11-story residential building coming to Avenue D and East Eighth Street?

Back in July, we pointed out that the empty lot aka 401 E. Eighth St. at Avenue D was on the market for $5.2 million.

According to the Home section in the Post today, the long-stalled site is about to close ... "22,000 square feet of buildable space could accommodate an 11-story residential building."

Eleven stories?

The DOB OK'd permits for a six-story building in 2006. But those plans never materialized.

Previously on EV Grieve:
Meanwhile, before we christen Avenue D the next Greenpoint...

Stalled development site on Eighth Street and Avenue D asking $5.2 million


Anonymous said...

Actually, this is perfectly reasonable. As "Bloomberg's law" states, you simple take the number of stories called for in the permit, multiply by two, and subtract one to determine the final building height. This is physics, people. Come on!

glamma said...

and dont forget a fat wad of cash from the developer to the DOB

OWR said...

When I gre up there we called it Avenue 'D'eath. Amazing how times have changed. Who would believe it.

Kimberley said...

I welcome a new development in that lot. It's a huge eyesore.