The proposed 125-foot-tall development will yield 62,200 square feet designated for residential space. The building will have 85 residences, with an average unit scope of 731 square feet. The concrete-based structure will also have 15 inclusionary housing units and a cellar but no accessory parking.
Public records show that Manny Ashourzadeh, via Golbar LLC, is behind this new project.
The work permit filed on Thursday lists 746 E. Fifth St., an empty lot, as the building's address. Given the size of the development, the project will likely include the former Uncle Johnny, the longtime grocery store that closed last month...
As with any one-level parcel of properties, there was speculation that this corner was ripe for new construction.
In recent years, several new developments, including the Adele ... Arabella 101 and NIKO East Village, have risen along this Avenue D corridor.
Very interesting to see the continued development along Avenue D.
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