Friday, July 13, 2012
Here's Arabella 101 on Avenue D
The Post yesterday noted the arrival of Arabella 101, the rental building that sits atop the new Lower Eastside Girls Club on Avenue D between Seventh Street and Eighth Street.
And the leasing office opens next week. Arabella 101 has 78 apartments (half of which are market-rate, the other half affordable).
Per the Post:
"Starting prices [for market-rate units] are about $2,500 for a studio, $2,900 for one-bedrooms," says Drew Spitler, director of development for the Dermot Company, Arabella 101’s developer. "And they're going up from there."
And the Arabella website has more details on the units... as well as the amenities like gym and roof deck...
Here are photos of the apartments from the website...
As we understand it, the Girls Club space is 30,000 square feet... while the residential portion of the building is 50,000 square feet. The main entrance into the Club will be on East Eighth Street while their cafe-bakery will have an entrance on Seventh Street, per Girls Club executive director Lyn Pentecost.
And the Girls Club is not developing or managing the residential component of the project, according to their website.
Previously on EV Grieve:
Passion and progress at the new home of the Lower Eastside Girls Club
Why there's an Airstream trailer inside the new Lower Eastside Girls Club home
Here is the new home for the Lower Eastside Girls Club
Posted by Grieve at 6:47 AM
Labels: Arabella 101, Avenue D, Lower Eastside Girls Club
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iB w/ glorious view of public housing where folks pay $600 a month for a 2 BR, for $3000 a month. unreal.
$2,900 for a 1BR on Avenue D?! I'll be amazed if they can get that.
This is the real estate project that Lynn Pentecost (with assistance from corrupt city councilmember Antonio Pagân) tried to pull off on the site of La Plaza Cultural at 9th Street + Avenue C that was foiled when several irregularities and illegalities were exposed by The SHADOW. (Everything we wrote was thoroughly-researched and documented.) Thankfully, La Plaza survives to this day.
The Girls Club was the perfect shill by which to acquire a city-owned parcel, above which could be created "market rate" housing priced beyond the reach of neighborhood residents.
One can only wonder what cut Pentecost gets from this sweet deal....
Thanks Chris - you are always such a beacon of truth! your neighbor : )
I love my 2BR rent stabilized tenement on D, which is cheaper than a studio at this place, and with the same view, same neighbors, etc. I can't imagine that too many people who'd pay 3K for a 1BR would come down here on the Ave, but we'll see.
Yhat's funny...that's exactly how my apartment looks. Can't remember having a photographer here, though.
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