Having cleaned up Tompkins Square Park, the Post now turns its attention to the new luxury developments in the neighborhood.
The real-estate section today has a cover feature titled "Record-setting real estate gentrifies once-gritty Alphabet City."
Let's get to the best parts!
In talking about East Second Street between Avenue C and Avenue D:
Sure, this gritty East Village enclave saw its fair share of shenanigans related to drug use and violent crime not terribly long ago, and perhaps that’s one reason why new housing construction here has remained relatively dormant — until now.
Violent crime = shenanigans!
Yes, at last, Alphabet City is getting a healthy dose of nice housing, and experts agree the activity there comes hand-in-hand with downtown’s development boom. But it also marks developers’ discovery of the area’s cheaper land and convertible buildings. Combined with buyers’ strong demand for downtown living, this previously overlooked zone is filling up quickly with more upscale new options. (They’re a far cry from the rundown artists’ shacks immortalized in the ’90s hit musical “Rent.”)
Beyond the friendly atmosphere and better prices, sources say Alphabet City’s creative spirit — thanks to a long-standing community of artists — is another lure for house hunters.
“What’s nice about the East Village is that it’s finally becoming residentially amenable to everybody,” says Nest Seekers’ Ryan Serhant — who’s gearing up to launch sales at Magnum Real Estate Group’s 33-unit 100 Ave. A. Meanwhile, Magnum’s president, Ben Shaoul, says the area’s “very cool modern bohemian lifestyle vibe” is a winning factor for buyers.
Can we please have some video of Ben Shaoul actually saying the words "very cool modern bohemian lifestyle vibe" about the East Village?
Previously on EV Grieve:
The Post reports Tompkins Square Park 'has become a homeless haven' (105 comments)