Tuesday, October 23, 2018

Construction watch: 255 E. Houston St.

Last Monday we noted the full reveal at 287 E. Houston St. ... now here's an in-progress look at another new residential building along the corridor one block to the west — 255 E. Houston between Suffolk and Norfolk...

Been a long time coming for this one, a project embroiled in controversy via developer Samy Mahfar.

A little of the history: In September 2016, Mahfar withdrew his application — after a five-year fight — for a commercial zoning change for this property and surrounding parcels.

He had approval for a 10-floor building. Then it was 13 floors. Then 14. The Commercial Observer reported last Dec. 20 that Mahfar scored a $39.5 million construction loan from Bank of the Ozarks for the 14-floor, 88-unit apartment building. (It's not clear if any of the units will be designated as affordable housing.)

In any event, workers are on the 14th floor now...

No. 255 previously housed the day-care center Action For Progress.

[EVG photo of No. 255 from 2012]

Previously on EV Grieve:
Next for 255 E. Houston St.: Community facility/school/medical building?

10-story building now in the works for 255 E. Houston St.

Debate over commercial overlay for 255 E. Houston St. and surrounding blocks continues

Report: Samy Mahfar drops bid for commercial overlay on East Houston and parts of the LES

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