Friday, March 29, 2013

Another 3-bedroom, $5,100 unit hits the market at 'East Village3'

Another three-bedroom, $5,100 unit is now on the market at the "East Village3" (aka "EV3"), the former tenement at 50-58 E. Third St. (GRJ, a fund co-founded and co-managed by brothers Graham and Gregory Jones, closed on the 78-unit for $23.5 million last spring.)

We saw three of the units a few weeks ago (ranging in price from $4,900 to $5,150...) the listings at Streeteasy now include a few more photos that show the result of the gut renovations that commenced as many longtime residents didn't have their leases renewed ...









Per the listing, the broker is "releasing over 50 2&3Br apts over the next 6 months" here.

Upon the unveiling of the first units here back on March 11, the Observer filed a blistering critique...

Even though the building was converted from a middle-market residential space to a middle-market residential space putting on airs, not a factory. But why not pretend? Just like many of the tenants who no doubt take up residence here will be pretending that their “making it” in New York even as their parents help them pay their monthly $1,700 share of the rent. As the listing helpfully notes, guarantors are accepted. Because what is the East Village now if not a post-collegiate play pen for rich kids?

Previously on EV Grieve:
Reader report: Three apartment buildings sold on East Third Street

Advocate for East Third Street buildings moving to Washington Heights

More about the lease renewals at 50, 54 and 58 E. Third St.

Tenants at 50, 54 and 58 E. Third St. banding to together in face of building sale

More drama at 50-58 E. Third St.; 'heavy construction' awaits tenants who stay

And now the renovations really begin at 50-58 E. Third St.

The 'East Village3' is ready for you; for that 'Industrial Chic feel'

9 comments:

  1. Funny to see any critique of "rich kids" in the Observer, which was founded by an investment banker before being bought by real estate mogul Jared Kushner.

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  2. Awww shit there is an open house on Saturday. I'm going to go just to take a shit in all three of the bathrooms.

    I love how the ad in the pictures lists "great closets" yet there are no pictures of said closets.

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  3. Anonymous 9:48, The closets were converted into bedrooms.

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  4. @shmnyc - But...there weren't any closets in this building before the renovations either..

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  5. The room with the closet is staged with a twin bed. How luxurious! The cubby holes above the bathroom look big enough to fit a fold out table and fold out chairs for the living room/dining area. Problem solved!

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  6. What the hell are those weeny little pieces of crown molding on the hidey-holes supposed to suggest? Swank luxury? Upscale insouciance? They look totally ridiculous.

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  7. I think everyone here who is posting negative comments are just jealous that they can't live in the beautiful apartments.

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  8. @Anon. 4;43 - Guess again, Nostradamus!

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  9. Do they list the square footage anywhere?

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