[The doomed 304 Mulberry St.]
The new owners of two rental buildings on Mulberry Street between Bleecker and East Houston plan on demolishing one for a larger complex in its place.
According to The Real Deal (h/t Curbed), Broad Street Development bought 298 Mulberry St. and 304 Mulberry St. for $178.5 million. And plans are in the works to tear down No. 304, a 91-unit building circa 1974 that sits on Mulberry at Bleecker.
Per The Real Deal, No. 304 "is underbuilt by roughly 12,000 square feet, and with the additional air rights from 298 Mulberry it holds about 107,000 square feet of development rights." Broad Street plans on replacing No. 304 with a structure cantilevering over No. 298.
The CVS opened last summer in the surviving corner at East Houston.
The 298 retail space previously housed a Subway, a dry cleaners and Soho Billiards.
Previously on EV Grieve:
Retail space that included Soho Billiards is up for grabs on East Houston Street
