Monday, October 31, 2011

Villa Capri condos coming to Seventh Street

Big news on Seventh Street courtesy of Dave on 7th... changes are coming to 222 Seventh St. near Avenue C...


The following sign just appeared...



So it looks like a new building with additional floors... and by fall of 2012? Seems awfully ambitious... Looks as if the new owner bought the building in 2008. According to the Corcoran listing:

Four story building built in 1901 with an additional two stories of air rights. Currently configured as a three family with an owners duplex, and two floor through two bedroom apartments. Large south facing garden. Excellent opportunity to create a architectural dream home.

Streeteasy has the closing price at $3.2 million. We're tracking down more details on all this now.

Meanwhile, word is that this was the onetime studio of sculpturist Louise Nevelson. A look at Property Shark notes that she did own the building at one point.
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6 comments:

  1. AnonymousOctober 31, 2011 at 1:34 PM

    Built in 1901 and they can just tear it down?!? Can't the newly proposed historical district rules be applied retroactively to this adorable little house?

    ReplyDelete
  2. evflipOctober 31, 2011 at 3:39 PM

    I did a search on the DOB site. On Sept. 30th, two permits were issued: The first for removing and replacing tar paper on the roof and the second for structural work. On October 21st one was issued for plumbing and electrical work. Maybe it's not slated for demolition, but for two new floors and a new facade. Not much difference from tearing it down I guess...

    ReplyDelete
  3. TomOctober 31, 2011 at 9:03 PM

    According to New York City's ACRIS online land records: Louise Nevelson owned the building at one point, and sold it in 1973. The current owner is Steven Salvesen, who bought the building in 2008 for $3.2 million.

    ReplyDelete
  4. East Village EatsNovember 2, 2011 at 10:22 AM

    Oh Great! I live across the street, I'm really going to enjoy all of the noise & increased rat activity (7th street has enough already)!

    ReplyDelete
  5. glammaNovember 2, 2011 at 1:44 PM

    ruh roh. in my neck of the woods. it was bad enough when they were gutting the building next door for a year. now this!
    Hey landmarks - wake the f*ck up and stop letting the whole village turn into an ugly sea of glass and steel!!!!!

    ReplyDelete
  6. GrantNovember 14, 2011 at 2:37 PM

    It's going to be tough to get this construction financed without presales.

    ReplyDelete

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