An EVG reader shares the following about the plywood at the empty pit also known as 75 First Ave.:
I feel like this barrier on between Fourth Street and Fifth Street is going to collapse and flatten a child or small dog or old lady any moment now.
It even has crap leaning on it from the opposite side.
There is a complaint on file with the DOB from last October about the plywood, with the caller noting the fence "is in danger of collapsing." However, an inspector checked it out and said "site safe and secure." (The plywood did fall down during Sandy and Irene.)
Anyway, this reader query prompted us to take a look at this lot adjacent to Rite Aid. The space has been empty for years. There have been several variations of residential buildings in the works, but nothing ever materialized after nearly 11 years of efforts.
Last fall, Ozymandius Realty and Orange Management sold the property to the Colonnade Group for $12.9 million, as The Real Deal reported.
Now, here is info on what the Colonnade Group has planned for the lot via their website:
This striking cantilivered ground-up structure is located in the heart of the East Village, one of most exciting and vibrant neighborhoods.
Designed by HTO-Architect, the building will rise 8 stories and will stand out with its contemporary and timeless glassy structure. Comprised of 22 residential units, ranging from 1 to 3 bedroom condominiums, 75 I˚ AVE is the ultimate destination for New York sophisticated buyers looking for all the comforts of a high-end residence in a young and dynamic environment.
All of the units will benefit from a number of amenities, including Fitness Center, Lounge and Library, Private and Common Roof Deck, Storage, Bike Storage & Doorman.
Construction is anticipated to start at the beginning of 2016 and estimated completion is Fall 2017.
We didn't spot any full renderings of the project... but the Colonnade website had this tease of an image...
Also, a familiar name will be involved...
Previously on EV Grieve:
Developer: A shorter building in the works now for 75 First Avenue
High-rise for 75 First Avenue back in play
Long-stalled First Avenue site now has a brand-new rendering
Report: Long-dormant 1st Avenue development site changes hands