Abro Management, who purchased the building erected in 1996 from the Hudson Companies, plans "a long-term hold," per the article.
Units here range from $2,950 to $6,300. (Twenty percent of the units are also set aside for lower-income residents.)
And there is a lot of East Village history at the site, which dates to the 1920s.
We'll head to this article from the Times in 1997 for more:
Over time, the building was the Loew's Commodore movie palace, a Yiddish theater and a concert hall. In 1968, Bill Graham, the rock music impresario, turned the theater into the Fillmore East, which became a mecca for music fans. Among the acts that played at the Fillmore East before it closed in 1971 were B. B. King, the Grateful Dead, Janis Joplin and the Allman Brothers.
During the 1980's, the building was refurbished as the Saint, which for eight years drew crowds of several thousand gay dancers a night. And earlier this decade, there were plans to turn the empty structure into a six-screen movie theater. But that project went into bankruptcy.
The Hudson Companies bought the property for $1.6 million in 1995.
Said Hudson principal Alan R. Bill in 1997: "We believed the East Village was turning around," resulting in a demand for more rentals.
The four-floor building that houses the Apple Bank on Second Avenue is all that remains of the former theater complex.
Previously on EV Grieve:
The Loew's Commodore Theatre
Bank branch becomes bank branch at former site of the Fillmore East
$60 million, eh?
ReplyDelete"Lose yourself in unspeakable luxury."
ReplyDeleteLuxury? Hmmmm...for that you get a view of??????? E. 6th Street, the homeless, the Crusties, no place to park, drunken college kids partying at the various bars within a two block radius, the constant stench of BBQ meat from the corner restaurant and all the fire engine sirens you can stand as the local station uses this block as their cross thru street to Alphabet City.
ReplyDeleteOn the other hand you get a great neighborhood, lots of shopping, convenient public transportation and the right to say that you live in a building that sits on top of the land that used to be....a movie theatre/rock and roll hall/gay night club.