Monday, November 10, 2008

Demolition on East Fifth Street

Given the small parcels of open space on either side of 532 E. Fifth St., this four-story house was a rarity...which, of course, made it an endandgered species in this era of build-a-condo-on-every-piece-of-open-space development. It has been a four-unit apartment building. (As of last fall, a three-bedroom apartment was going for $3,500.)

Sure enough, the building is now being demolished. Don't know what's going in the space just yet, but the rumor among some locals is, of course, a condo.

Those locksmith guys will even leave a card on a building being demolished.

One of the condo-rumor spreaders frets that such change will usher in even further development (even in this economy) on this little stretch of the East Village.

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