Wednesday, June 8, 2016
On East Houston, empty lot awaits million-dollar condos
A crew made pretty quick work of demolishing the two-level structure at 287 E. Houston St. near Clinton Street...as these photos from Saturday show...
As previously noted, there are plans for an 11-story building with 28 luxury residences (top price will reach $5 million). The city has yet to approve the necessary permits for the development.
The space previously housed a tax preparation service and a landscaping business.
Previously on EV Grieve:
11 stories of condos to join the growing East Houston residential corridor
Labels:
287 E. Houston St.,
new development
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6 comments:
What great news! Cause there just isn't enough luxury housing in the nabe!
Just in time to join a saturated market in unaffordable housing.
I read today that the hotel industry hit a wall and hotels are no longer fully booked and prices are getting slashed. Can the luxury housing market be next? I would love a few years of quiet and look forward to the coming market slump.
I live next to this temporarily vacant lot. The demo was horrible for our building. My mother was visiting Chicago and called to tell me how the lack of scaffolding there made her sad for New York City folk. It's hard to enjoy living here these days.
What building do you live in? How was it horrible?
Would be a much better site if they also took the corner of Clinton and made some nice corner apartments. Now the bottom half will only have windows facing North onto Houston St, and South into a small courtyard... Could have been something really special here...
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