Demoliton prep continues on the west side of Third Avenue between 10th Street and 11th Street, where six buildings will come down in the months ahead.
As we first reported, a residential complex is expected to rise along this parcel — 50-64 Third Ave. (See the rendering here.)
Per previous reports, Kinsmen Property Group — a joint venture between State Building Group and another Toronto company, Madison Group — bought the walk-up buildings over the past three years, paying more than $60 million for the parcel.
Only one building will remain on the block after the demolition — 48 Third Ave., the 5-story property owned by Isfahany Realty Corp. on the northwest corner at 10th Street with Healthy Greens Gourmet in the retail space.
On Tuesday, workers were spotted removing the fire escape from the corner building at 11th Street, where Ainsworth was the last retail tenant in the space ... (thanks to Jacob Ford for these two shots)...
Meanwhile, plywood now covers the other vacant storefronts and entrances on the block...
However, they are participating in the winter Restaurant Week (Jan. 16 – Feb. 4) with a special dinner prix fixe.
Hospitality veteran Michelle Morgan opened the restaurant featuring a healthy, Hong Kong-inspired menu in late 2021.
P.S.
Kotobuki closed in the fall at 56 Third Ave. ... the restaurant is still offering deliveries in the area and plans to open in a new space in the East Village. More here.
10 comments:
Just waiting for Kotobuki to find a space to reopen in the neighborhood.
Thanks 7:37,
Just added a mention of Kotobuki at the end of the post.
50-63 (63?--something I'm missing?)
New York Central Art Supply was at 62 from 1905-2016.
Bill,
Thanks. Made a mistake in the headline. It's 50-64 Third Ave.
This is so depressing as the "city of yes" plows away our past and all affordable housing with the blessing of our elected officials.
Let's be realistic about this one. Now that Central Art Supply is gone there is nothing distinguished about this block. If they were replacing it with affordable housing this would be a great change. The problem is that they're probably going to stick in ugly and expensive condos.
ugh
Oh, super ugh.
That is the problem with the real estate development in NYC. They are going to tear this whole block down and replace it with the same bland high rent storefronts and overpriced small cookie cutter apartments that you see on almost every other block in NYC. It is ruining the unique quality of our City.
Funny how NYT and elected officials always saying more affordable housing is needed - yes that is true - but they don’t mention the housing lost and don’t protect housing from vacate/teardown etc.
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