Here's more on the saga of 50-58 E. Third St. As Curbed noted, the new owners are GRJ, a fund co-founded and co-managed by brothers Graham and Gregory Jones. (Pictured.) They closed the 78-unit, three-building package for $23.5 million.
Someone slipped this following note under the door of the building's remaining tenants...
I wanted to send you an email to introduce myself as I will likely see you around the building in the coming weeks. I work with GRJ who is the new owner of 50-58 East 3rd Street. As you may have heard, GRJ has extensive plans to renovate 50, 54, and 58 East 3rd Street and I am personally speaking with all tenants about relocation opportunities and buyouts.
Many units on your floor and the floors above you and below you are already vacant or will be vacant in the next few weeks. Heavy construction will begin in all of the units and hallways in 30 days and many tenants have accepted our offer as most people aren't interested in living in a building that is under construction and they would much rather move during the summer months.
Are you available to speak this week? Please give me a call at the number below. Thank you in advance and I look forward to speaking with you.
Meanwhile, we also hear that tenants who live in basement apartments were given notice that they had 10 days to vacate their homes ... given that that space was zoned with the city as storage/commercial space ... and their apartments were now deemed "illegal dwellings."
However, according to the tenants, the previous landlord renovated the spaces into habitable apartments. Some tenants still have time left on their leases for these units...
Previously on EV Grieve:
Reader report: Three apartment buildings sold on East Third Street
Advocate for East Third Street buildings moving to Washington Heights
More about the lease renewals at 50, 54 and 58 E. Third St.
Tenants at 50, 54 and 58 E. Third St. banding to together in face of building sale