The developer, Real Estate Equities Corp. (REEC), picked up the 99-year leasehold for the corner lot for nearly $150 million in November 2017. The previous assemblage, which included retail tenants such as Korilla BBQ, the Continental and McDonald's, was demolished in 2019.
Wednesday, August 30, 2023
7 floors of steel for 1 St. Mark's Place
In the five weeks since our last post on 1 St. Mark's Place, the steel frame has reached what will be the seventh floor here on the NE corner at Third Avenue...
The 9-story building — 53,000 square feet of office space and some 8,000 square feet for retail — has a July 2024 completion date, per the plywood rendering...
The foundation work started here late last summer.
13 comments:
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So damned ugly.
ReplyDeleteI hope they have ground floor tenants ready and able to move in the moment the building is completed, otherwise, it'll get tagged into an unrecognizable mess, just like the former "Love Saves The Day" location, or "Mighty Quinnn's BBQ".
ReplyDeletewhat’s the point of more office space? they should have converted that to residential before the build.
ReplyDeleteAt least there is progress being made. It certainly beats looking at an open crater in the ground for almost two years. This development will be complete in no time. Instead of lamenting on it, all we can do it embrace the change for our community, and hope for the best. Just look at the progress on 4th and Bowery.
ReplyDeleteBlue sky go away, More dark shadows, Yay yay yay
ReplyDeleteSo sad. I hope this monstrosity sits empty and they decide to implode it
ReplyDelete'Member when many folks got all woked up because the old building on that corner got painted up in tiger stripes?
ReplyDeleteI miss those days.
echo the sentiment of the other commentators finding the new architecturally-massed prism ugly already, but god what memories of short-lived restaurants you get walking by that strip of st marks lol ... that corner alone reminds me of layers and layers of bygone businesses
ReplyDeleteI hate this thing. When I look out my kitchen window it blots out the sky, my go-to view for incoming storms from the west.
ReplyDeleteComplaining won't change the outcome of this development. We can easily adapt as humans to most anything. I am not a fan of these buildings popping up everywhere, but what can we do?
ReplyDeleteWe can call Willard and ask him if he would be so kind as to send his rats to this site to take up residence and have lots of children
DeleteIt’s just so ugly.
ReplyDeleteWhat would gringo do
ReplyDelete