Thursday, January 16, 2014
Back in December, news broke that two buildings on East Second Street between Avenue A and Avenue B — No. 170-172 and 174 — were sold for $17.5 million. (The buildings hit the market in July 2012 for $16.5 million.)
At the time, we didn't know who the new owners were. The Real Deal got the scoop yesterday … and, as the headline tipped you off, it's a familiar name now in these parts (and not really for good reasons): Jared Kushner.
Let's try to add up what Kushner has bought up around here of late … he handed over $58 million for an eight-building portfolio in August and September 2012 … then, in February 2013, he bought a $130 million portfolio of 17 walk-up apartment buildings. (And how many longtime residents have lost their apartments in the process?)
As for his latest acquisitions … the two buildings on East Second Street contain a total of four ground-floor retail spaces and 43 apartments. The original listing noted that No. 174 has nearly 3,600 square feet of air rights available.
As we've noted before, Allen Ginsberg lived in apartment 16 at No. 170 from August 1958-March 1961 ... one of the many places he lived in the East Village until his death in 1997.
Hope this plaque doesn't get in the way of that shiny new Westminster Management sign...
Previously on EV Grieve:
Two East 2nd St. buildings sell for $17.5 million; will new owner still honor Allen Ginsburg?
[Updated] Report: Jared Kushner buys $130 million portfolio of East Village rental buildings
Report: Jared Kushner paid $49 million for 7 more Ben Shaoul-owned properties in the East Village
More about Jared Kushner's East Village buying spree
Hotel Toshi takes over 325 E. 10th St.
Soon, we will all be writing our rent checks to Jared Kushner
Reader report: East Village tenants taking Kushner Companies to housing court