Behold the future of 74-84 Third Ave.

As we first reported, the stretch of 74-84 Third Ave. has been cleared out, with Nevada Smith's moving on after Sunday.

Our sources said that a large apartment building would go on this site. According to Nevada Smith's goodbye-for-now message: "Our old home's almost done now with developers poised to demolish most of the block and replace our place, and yours, with a new luxury apartment block."

We're waiting for renderings of this new monstrosity ... Meanwhile, RFK (via PDF) is peddling the retail space. Here's what we're looking at...

That's likely a generic rendering. (Where's the theater? Unless that will eventually be a goner too.) Regardless, it's a large retail space — more than 13,000 square feet. This space anchors what RKF describes as a 126,000 square-foot building featuring studio, one-bedroom and two-bedroom residences.

Hope that the apartments have good soundproofing!

Compare this with how this stretch of Third Avenue looked in the late 1970s at Jeremiah's Vanishing New York.

Previously on EV Grieve:
Those persistent rumors about 74-76 Third Avenue and the future of Nevada Smith's

The East Village will lose a parking lot and gain an apartment building

That's a lot of gluten-free pastries and desserts

I was skimming over an article in Gourmet (no snickering!) on vegan bakeries ... and this passage about BabyCakes, on Broome Street between Orchard and Ludlow, jumped out at me...:

Since opening on New York’s Lower East Side in late 2005, it has enjoyed great success among vegans and non-vegans alike. BabyCakes reportedly grossed $1.2 million in sales last year, and, thanks to a significant number of customers whom McKenna describes as “celebrities who aren’t even vegan but [are] health conscious,” will open a second Los Angeles location in the spring, right around the time the BabyCakes cookbook is scheduled to hit shelves.

Entire East Village practically for sale

Jill mentioned this Wednesday at Blah Blog Blah. Now Curbed has all the gory details:

Brokerage giant Massey Knakal has announced, in an e-mailed press release and on its blog, that the firm has been retained to arrange the sale of 17 walk-up apartment buildings in the East Village. But not just any 17! The mix of buildings—sprinkled throughout the 'hood in many shapes and sizes and with widely varying numbers of rent-stabilized apartments per building—make up the "East Village Portfolio," purchased by megadeveloper Extell for $72 million in 2006 before the company spun if off to former cohort Westbrook Partners for $97.5 million in the summer of '07

The portfolio is going for $120 million.

According to Massey Knakal, "The rent regulated units are renting for as low as 20% of market creating a tremendous opportunity to increase revenue in the future. All of the free market units have been recently renovated featuring new hardwood floors, stainless steel appliances and granite countertops."

Curbed has photos of the 17 properties on the block.

Not to ruin your Friday evening, but....RUN FOR COVER!

Holy shit.

Hmm, what's on the news?






And why am I sitting in front of a computer at this hour? Seeking shelter?