Photo from March by Stacie Joy
The long-vacant development site on the east side of Second Avenue between Second Street and Third Street appears to have found a buyer.
The listing from brokerage BKREA is now marked SOLD, though the transaction has not yet appeared in public property records.
As previously reported, the 14,019-square-foot parcel, which hit the market in March, offers more than 100,000 buildable square feet and has been at the center of years of stalled development plans, litigation and neighborhood concern. (See this post.)
The site was assembled by Gemini Rosemont in 2020 through the purchase of several properties, including the former Church of the Nativity.
Plans for an 11-story mixed-use development were later derailed after the Department of Buildings revoked permits following an audit prompted by complaints from neighboring property owner Robert Proto.
Gemini ultimately decided to market the assemblage for sale.
4 comments:
I am thinking that the first floor should be Trader Joes.
Great news. Hopefully lots of housing follows soon!
More "luxury" coming in 3, 2, 1...
This will be the 3rd oversized building in or near the EV... Lafayette, Bowery and 2nd Ave under the city's City of Yes . Not that the EV says yes... But with poor representation and One Party Rule we are stuck with a useless new lux building.
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