The address — 50-64 Third Ave. — is listed under the company's "residential" portfolio. (At first glance, the building looks more commercial/office. We reached out to confirm the residential use and other details, such as number of units.)
Here's the information included with the listing:
50-64 3rd Avenue is a 6-building assemblage located at the nexus of the East Village, Greenwich Village and Astor Place. The site allows for 160,000 sq. ft. of new construction and has a land area of 16,500 sq. ft. Construction is expected to commence in late 2023.
Late 2023 seems ambitious for a start date. So far, there aren't any new building permits on file with the Department of Buildings. In addition, the existing buildings are still awaiting demolition.
In late August, according to Straus News, which publishes several local weekly newspapers and associated websites, including Our Town — Eastsider, a spokesperson for the DOB said "that outstanding objections" have interrupted the developer's plans.
However, there are new/updated demolition permits on the DOB website dated Sept. 6 and Sept. 12.
As PincusCo. first reported in May, Kinsmen Property Group — a joint venture between State Building Group and another Toronto company, Madison Group — has been buying the walk-up buildings over the past two years, paying more than $60 million for the parcel.
Most of the retail spaces in the properties were already closed, including, most recently, the Ainsworth on the SW corner of 11th Street in July 2022. (No. 62 was home to New York Central Art Supply for decades until its 2016 closure.)
Only one building will remain on the block after the demolition — 48 Third Ave., the 4-story property owned by Isfahany Realty Corp. on the northwest corner at 10th Street with Healthy Greens Gourmet in the retail space.
51 comments:
Gross. I look forward to whatever this architecture style is called becomes unfashionable.
Hideous
Hope this is housing
These ugly glass commercial buildings are a blight all over the city.
The architects who design these monstrosities are fartchitects.
Here's a question: what the ugliest building in the neighborhood?
My candidate is the one at Astor Place which replaced the former Cooper Union building.
Call it Blightsville.
Serious question: does anyone talk about or concern themselves with refracted light pollution from these buildings? They significantly contribute to ground level heat during afternoon hours that can be very unpleasant as refracted/reflected light — you know the kind, there are pockets of it in Astor Place.
This glassy mess is out of scale AND utterly out of context with the neighborhood, which is mostly 5-story buildings. (Unless they consider that their "context" is the Moxy Hotel!)
How energy efficient is all that glass? Strict new rules are coming in about energy efficiency, etc. which will cost these people a ton of money up front (in construction) and any residents a ton of money in an ongoing way when they live there.
And I'm curious: who'd pay $$$ for a west-facing view of the ugly buildings on the opposite side of 3rd Avenue from this? It's not like there's a lovely vista to be seen.
The only positive I can see is that it's going to increase the desirability of apartments in small, classic brownstone buildings on the side streets.
I'm happy the building will have some much needed green space.
@8:37
Very good point. In Tribeca, on the West Street side of 388 Greenwich, the global headquarters of financial services corporation for Citigroup is just one of those building. Walking past it in the afternoon will bake and blind you. Los Angeles had this same exact problem with the Frank Gehry designed Disney Concert Hall, necessitating modifications to correct these issues.
@8:46am: What do you mean by "much-needed green space"?? Do you mean TREES at sidewalk level? Because whatever else you're referring to will only be accessible to people who live or work in the building.
You know if you look at that... that's probably one massive retail space (maybe two large ones)... it's replacing 7 smaller - and therefore more affordable - retail locations. Small business locations are just ceasing to exist whenever a developer can get away with it. I wonder how long that space will stay empty.
The new building that replaced the 2nd ave gas explosion buildings on 7th st has *never* been occupied. It's too large for the area. Clearly it isn't a priority .... but sitting on empty storefronts like that does nothing but blight out city.
Try being a late 20-something with a business idea and a moderate amount of money. You aren't opening up a store. You can't - it's WAY too expensive.
This is ironic because neighborhoods bloom - and become fashionable - when people are able to get affordable small commercial spaces.
@8:44 I think you mean East. This building is on the West side of Third and primarily faces East.
I think it looks light an ugly trashy eyesore that put a lot of businesses out and cost people their lifelong homes
This doesn't look like residential at all. Is there demand for office space here? Commercial real estate is struggling all over the city, and it's hard to imagine that this will be a trophy location despite its close proximity to H-Mart and hot pot.
So excited! Great to see new development in the area.
I'm all for new housing, but why does it have to be so ugly
Hopefully they have someone to lease the first floor retail part Otherwise it will wind up like every retail part of every new building in this neighborhood vandalized and destroyed before any business will ever take the lease I think they figure that out first
@11:11AM: Correct, the direction is east. There's still nothing worth looking at to the east that would command "luxury" pricing (which this surely will have).
Normally I do not go all in on the negativity towards glass buildings but I do have to admit, this one is pretty fugly and out of place.
why could it not be cool-looking? WHY???
Who in the hell would want to live there? Millionaires!
Same here. Just because something is old doesn’t mean it’s worth saving. These old buildings look terrible
Impressive, considerate design. The subtle terracing that accommodates for mother nature to provide some plants (practicularly a forest in the middle of Manhattan!) that will help clean the air so we all have fresh clean air to breath.
The tourist buses in town are losing business as we speak. Here is another building. Isn't glass great?" NYC losing on the aesthetic level every day. "Ghost" tours are now transparent.
at least Healthy Greens Gourmet gets to stay :)
🤮🤮🤮🤮
That’s horrible
Their website refers to "the site" instead of "the building" or "the project" which tells me this image is probably far from what this will actually look like. It definitely does look more like office than residential are currently rendered. Maybe it ends up looking like 870-888 Atlantic, which is also one of their projects and looks a lot better.
Yes, they can use the green space to bury all the birds that die hitting the boring glass facade
I thought this demolition was halted indefinitely?
Oh good....Another one of these buildings, just what the city needs.
Keep up the good work. Our children can then live on a Manhattan that is as bland as downtown Dallas. No distractions.....
Regarding green space and trees, in our very near future there will be so many tall structures that sun will not be able to fuel the green spaces. There will be no more sunny side of the street.
Whatever happened to bricks?
I lived with those buildings for almost 5 decades. I thought the were beautiful. Far more so than what’s proposed. You must be a troll for the developers, perhaps?
We’re giving up Kotobuki and Tiger Lily for this. Sad. Two of the best restaurants in the immediate area.
At least it’s not tall.
"Considerate?" OK, broker!
Ugly AF in rendition; sure to be even uglier in execution.
Just because something is new, does that mean it needs to be this charmless and ugly.
It would be more considerate if they planted more trees out front and put any thought into it looking like the rest of the neighborhood. Oh, and how considerate is it to drive a bunch of businesses and people out of their spaces? I do think it is impressive that developers can be this predatory and heartless, though.
@2:04pm: Either you forgot to mark your comment as "sarcasm" or you work for the developer (b/c you're spouting architect-babble).
A terrace with a few potted plants is not "green space" and will do nothing to help the climate crisis. What WOULD help would be for all buildings to create actual roof gardens (see the wonderful Umbrella House on Ave B & 2nd St for an example) to collect and reuse rain water, cool the building and streets, and provide habitat for birds, bats and pollinators.
As for ground floor retail, the Steiner building on Ave A & 11th St has never had a commercial tenant in...how many years has it been now? Unless a big box store decides to move into these large spaces, I don't hold out much hope for anyone being able to afford to open a business in these new buildings.
Brick is expensive compared to new building materials. It’s just technology and innovation changing the industry. I think brick began to be phased out in the 1950s as the main building material for houses — largely due to cost and innovation.
For all the commenters talking about retail space. Developers don't give 2 sh!ts about it. They make their money upstairs and, well, you know the rest.
Ugh. And lest anyone forgets (or doesn't know) we can thank Carlina Rivera for this monstrosity.
When she was campaigning for a City Council seat she swore at several community meetings that she would not vote in favor of the Tech Hub unless we received landmark preservation status for the 3rd and 4th Avenue corridors.
She won her seat and two weeks later she voted in favor of the Tech Hub with NO landmark preservation of these areas.
Midtown South! 🙄
Impressive? In any sense this a tedious glass box replacing a turn of the century row—architectural smash-and-grab. And this drawing can’t obscure this fact with some bright greens that are actually ordinary street trees, plus some minimal plantings. This isnt about design needs of a great city, it’s about quick and easy return on capital. Our civic leaders—notably Carlina Rivera in this area—are failing us.
The irony here is amazing. When expensive brick was used, rents were low. Now buildings are made on the cheap and the rents are disgusting.
100% agree. The motivation for these big commercials spaces is tied up in the funding. Developer pretends that they can get x amount of revenue from a big chain that assuages any concerns with the bank about paying on time.
The other motivation is when you see "community" spaces (doctors, etc) that the developer is using to build taller. The extra revenue from those sweet upper floor views can accommodate for the vacant community space on the ground.
Both basically manipulate the system in place and we the neighborhood residents and people who want to start a small business here lose.
This block in its current state is filthy and decrepit. Something needs to be done. Just cause a building has been here for a while doesn’t make it good. Hopefully the renderings are just a first draft and the make some changes before construction
NYC;s death crawl continues. Who are the people that approve these ugly and impersonal "dwellings". They should be ashamed but they will be celebrated as usual.
Soulless but at least it’s relatively low.
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