Workers have now surrounded the new development site at 71 Fourth Ave. and 10th Street with a heavy-duty sidewalk bridge.
As previously noted, a 10-story, retail-residential complex will rise here. Given the square footage allotted for the 12 planned residences, condos were likely.
Last week, The Real Deal reported that NAVA Companies "is targeting a $72.4 million sellout" for the (officially now!) condoplex, according to a condo filing plan accepted by the New York State Attorney General’s office.
According to the filing, units would span an average of more than 2,000 square feet. The $72.4 million projected sellout means units would cost on average of over $6 million. The AG’s office approved the plan on April 7.
The NAVA website says that sales will begin in the fall. There's a teaser site up and running for the building, officially 80 E. 10th St. ... (at least this guy is wearing a shirt) ...
And as a reminder of the condo cantilevering to come...
Meanwhile, once the construction really gets going, 10th Street between Fourth Avenue and Third Avenue will be a tight, potentially dangerous, fit for pedestrians, motorists, cyclists...
Previously on EV Grieve:
Report: Demo permits filed to raze southeast corner of 4th Avenue and 10th Street
The 'tremendous retail potential' of East 10th Street and 4th Avenue
10 stories of condos in the works for the long-vacant corner of 4th Avenue and East 10th Street
With new building OK'd, corner of 4th Avenue and 10th Street finally ready for razing