The restaurant was the last tenant (retail or residential) in the six buildings at 50-64 along Third Avenue between 10th Street and 11th Street.
As PincusCo. first reported in May 2023, Kinsmen Property Group — a joint venture between State Building Group and another Toronto company, Madison Group — bought the walk-up buildings over several years, paying more than $60 million for the parcel.
We saw some demolition prep work late last year (64 Third Ave., where the Ainsworth was, looks hollowed out), though the work has tapered off this year.
Last 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.
While various demolition permits are on file with the Department of Buildings, there is still no sign of paperwork for the new development.
A rendering of the new building appeared on the State Building Group's website last September. It is listed under the company's "residential" portfolio.
At first glance, the building looks more commercial/office.
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.
However, this project will likely remain stalled after the death of REEC's Brandon Miller.
Here's a rendering of the new Bowery building via Perkins&Will Architects ...
16 comments:
Elected officials keep insisting there must be new development due to need for affordable housing, and are pushing things like the new City of Yes.
But they are silent about, do nothing about all the housing that is lost - such as here.
Unbelievable.
As much as I don't like the looks of this new development and our elected pols, what can they really do about this? The landlord legally bought these buildings over the course of several years, and none of these are landmarked. So the new owners can basically do what the want here in keeping with the allowed zoning.
If Carolina Rivera had kept her pre-election (to the City Council) promise of not voting for the Tech Hub unless the community got zoning protection for the 3rd and 4th Avenue corridors this would never have happened. However, as a portent of things to come, she voted iin favor of the the Tech Hub with no zoning protection exactly 2 weeks after being elected. Always was and still is in favor of big real estate over the community.
Ugly buildings and stupid comments!!!
The problem with all these developments is that they tear down the older buildings and put up these ugly boxes with residential apartments going for 4K a month for a studio rental and retail space for the ground floor which will remain mostly vacant since the commercial rental rates they charge will be prohibitively expensive for most businesses to afford.
I think the problem here is not the demolition of an undistinguished block of buildings as nothing done to make sure the replacement actually makes a contribution to the community. No talk of an affordable component as of yet, for instance.
This is exactly correct. She really pulled a bait and switch. Her actions also led to the demolition of the Hotel St Denis on University Place and its replacement with a black, glass cubed stack of dullness. And will also lead to the demolition of 840 Broadway between 12th and 13th St., which should have been landmarked and protected.
I wonder if they will move ahead with a new building now or wait until “City of Yes” is approved, which would probably allow to build bigger. (Not an expert, just guessing.)
Anonymous 8/12 12:00 PM: May I suggest you move back to New Jersey or Westchester or whatever suburb you came from as you clearly do not have the heart and soul of an East Villager.
Change is a part of life whether we like it or not. I have a difficult time in adapting to the constant evolution of our city that often feels unrecognizable, especially downtown. I find myself walking about on the days which aren't super hot and marveling at how different everything seems with the presence of modern buildings. It is a trite reminder that life moves forward each day. There is nothing we can do about this impending development but to adapt to our new surroundings.
Cities are living entities. They evolve and change to meet new needs (if we let them.) It's a sign of a dynamic and thriving urban environment and this development aligns with the ongoing evolution of 3rd Avenue.
Yes, the new residential units may be expensive, but that's a reflection of the demand in our city. The solution is to build more. Even with higher-end units, increasing the housing supply ultimately benefits the city by alleviating some overall market pressure.
Merging six parcels of land into a super-size parcel of land makes it almost impossible for a small property owner to own property in Manhattan.
To Carol,
I personally find these buildings unattractive and despair at the luxurification of the EV and so much of NYC. And I’m a fourth generation New Yorker.
It seems to me the suburban transplants are the demographic that embrace gentrification and have little interest in NYC as a place for all
I get why some people might feel that way, and I would love to hear a solution to this. Urban areas have always changed and evolved throughout humanity. What some see as 'luxurification' may also be viewed as much-needed modernization, especially considering how much of NYC's housing stock is old and outdated. It's easy to blame suburban transplants, but the reality is that a diverse range of people contribute to the city and building more modern housing (and a lot of it) will make NYC "a place for all."
So Sad
Why those 'Low-Rise' Buildings?!?!?
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