Thursday, September 17, 2015
Thinking about the future (and past) of 3rd Avenue and St. Mark's Place
As you probably know, some major change is in the works for the corners of Third Avenue and St. Mark's Place.
• Back in June, The Real Deal reported that real-estate investor Arthur Shapolsky is in the process of buying three properties at the northeast corner of Third Avenue and St. Marks Place: 23 Third Ave., 27 Third Ave. and 3 St. Mark's Place. Basically everything from McDonald's to the corner.
According to The Real Deal, the corner could accommodate a 41,500-square-foot commercial building or a residential one of roughly half the size.
To date, nothing about the sale has shown up in public records just yet.
• Last November, the Pappas family, owners of the St. Marks Hotel, filed plans to build a 10-story mixed-use building on the hotel's lot at the southeast corner St. Mark’s Place and Third Avenue. (The hotel would take floors 2-10.)
New York Yimby got a look at a rendering.
This Super St. Marks Hotel structure awaits DOB approval. (The DOB website shows that city last disapproved the plans on March 26.)
Meanwhile, for a little perspective on this corner (at least the northeast side), take a look at this photo that writer Ada Calhoun bought on eBay that dates to 1963...
The coming changes might make for a nice addendum to Calhoun's forthcoming book, "St. Marks Is Dead: The Many Lives of America’s Hippest Street," out Nov. 2 from W.W. Norton & Co.