Demolition watch: 118 E. 1st St

Workers have pretty much taken care of the former three-level tenement at 118 E. First St. between Avenue A and First Avenue...



Through the blogger portal you can see that the front steps now lead to ... nowhere really... the pit...



As previously noted, the existing structure is yielding to a 9-story residential building. In total, there are seven units divided over 12,500 square feet of residential space (likely condos). The building will include a small retail space on the ground floor.

Still no sign of a rendering via Warren Freyer's Freyer Architects. You'll have to make do with the zoning diagrams on file with the city ...



No. 118 was one of five new East Village projects identified by the Greenwich Village Society for Historic Preservation as an oversized new development ... "in the neighborhood's affordable housing zones [that] were approved by the city without requiring affordable housing."

According to their investigation released in February 2016 (find the latter to the mayor here), the city approved new developments "with greater square footage than allowed for market-rate developments, without requiring any affordable housing either on-site or off, as mandated by law."

Previously on EV Grieve:
118 E. 1st St. arrives on the market with so many possibilities, and air rights

118 E. 1st. St. will yield to a new 9-floor residential building

Demolition of 118 E. 1st St. begins to make way for 9-story residential building

A sign of peace at 118 E. 1st St.

Can't say for sure when this happened here at 118 E. First St. between Avenue A and First Avenue... someone painted a giant peace sign on the front of the building. (I don't recall seeing it on Friday afternoon. Anyone?)

In any event, might be a good time for a quick recap on what's happening here. As previously noted, the existing structure is being demolished to make room for a 9-story residential building. In total, there are seven units divided over 12,500 square feet of residential space, as NY Yimby first reported. (Given the size — about 1,800 square feet, NYY figures these will be condos.)

And it looks as if the city approved the plans back in November...



...while I haven't seen any renderings, perhaps these zoning diagrams on file with the city about what's to come will hold you over...



And as noted in a few previous posts about this address, No. 118 was home in the mid-1980s to Darinka, the performance space operated by Gary Ray that featured They Might Be Giants as its house band.

Previously on EV Grieve:
118 E. 1st St. arrives on the market with so many possibilities, and air rights

118 E. 1st. St. will yield to a new 9-floor residential building

Demolition of 118 E. 1st St. begins to make way for 9-story residential building

118 E. 1st. St. will yield to a new 9-floor residential building

[Photo via Streeteasy]

Back in May, we pointed out that the 3-floor building at 118 E. First St. just off of Avenue A and East Houston was on the market for $5.15 million.

Among other things, the brokers were selling the space as either a development site with an additional 9,000 square feet of air-rights … or a "cash flow opportunity" with three apartments and a retail space.

Not surprisingly, the building's new owner has opted for the development site in the form of a 9-floor residential building.

Per New York Yimby, who first reported the news:

[A] developer operating under the name of Acacia 118, LLC – based in Nolita, and fronted by Cynthia Wu and Robert Marty – is planning to erect a new nine-story building, with seven much larger apartments.

As with many new projects in neighborhoods that once only supported rentals, 118 East 1st will likely be condos, with its seven units divided over 12,500 square feet of residential space. The average size is a quite hefty 1,800 square feet, with duplexes on the top and bottom and full-floor units in between, according to the building’s Schedule A filing.

As we've pointed out, 118 E. First St. was home some years ago to Darinka, the performance space that Gary Ray opened in 1983 (RIP — 1987). Darinka's many performers through the years included house band They Might Be Giants and cabaret nights hosted by Steve Buscemi and Mark Boone Junior.

Previously on EV Grieve:
118 E. 1st St. arrives on the market with so many possibilities, and air rights