Photos yesterday by Stacie Joy
The first steps in the gut renovation of 6 Avenue B are underway.
Workers have started the asbestos abatement here on the NW corner of Avenue B and Houston ...
Last Friday, we had the scoop about the new owner of the long empty/abandoned building.
Contractors here confirmed they will renovate the building — not tearing it down, as a few readers suspected.
The owner is an LLC linked to Penn Capital South, whose portfolio includes multiple EV properties.
According to public records, the building changed hands for just $1.05 million. However, the new owners also had to pay $4.2 million in real property transfer and real estate transfer taxes.
As we've pointed out (here and here), the building is in dismal shape and will need significant work to bring it up to code. (The DOB has cited No. 6 for emergency repairs several times in recent years.)
This was one of the abandoned buildings owned by the estate of the mysterious team of Arthur and Abraham Blasof, both long deceased. However, No. 6 has been generating some income with the cell-phone towers on the roof.
Very curious to see how this building is reno'd. I wonder why they are only doing abatement on the first 3 floors. It's a 6 story building so presumably they need to do the work everywhere...
ReplyDeleteThere goes all that lovely plaster work and interior details in the halls and apartments.
ReplyDeleteWhen I walked by on Tuesday they were clearing out the liquor store, which seemed to have quite a bit of inventory left inside. The wine (which I'm sure was undrinkable at this point) was being thrown in the back of a truck and breaking. It was puddling in the street beneath the truck and you could smell it from half a block away! I'm shocked no one managed to get into the space and drink it in all the years it was abandoned.
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