Tales from the crypto: Thirteen East + West tokenized on blockchain

[Plywood rendering of Thirteen East + West]

An item of of interest from this past week about Thirteen East + West condos, the recently constructed twin residences on 13th Street between Avenue A and First Avenue.

The condoplexes are reportedly the first major assets in NYC to be tokenized on Ethereum.

Per Forbes:

Ryan Serhant ... is the listing broker on the deal. He and the developer are turning to tokenization as a new method of financing, which could serve as a better alternative for the project and investors.

Tokenization is the process of representing the ownership of real world assets digitally on a blockchain. This new method of financing is the result of the partnership between Propellr and Fluidity, two companies that have joined forces to offer compliant products and services for the creation, distribution, and transfer of digital securities.

[EdNote: I have no idea what any of that means.]

And a look at the residences...


[No. 442]


[No. 436]

Each 6-floor building features six full-floor, two-bedroom homes with prices ranging between $2.350 million and $3.7 million.

Previously on EV Grieve:
Tracking the coming changes to East 13th Street between Avenue A and 1st Avenue

A look at the new luxury condos coming soon to East 13th Street

Temporary art and future condos on East 13th Street

Demo time for East 13th Street garages that will yield to luxury condos

A look at the residences coming to Thirteen East + West on East 13th Street

Full exposures at Thirteen East + West

A look at the residences coming to Thirteen East + West on East 13th Street

[Photo yesterday by Bayou]

Meanwhile, one block over from Douglas Steiner's new condo project... the broker bunting now adorns the sidewalk bridge at the incoming condos dubbed Thirteen East + West on East 13th Street (No. 436 and 442) between Avenue A and First Avenue.

There is now a teaser site up and running with some renderings of the residences that await.

First, the previously released rendering of the two new buildings....


[Rendering via Instagram]

And now the interiors... starting with the lobby... the rest of the renderings might be self-explanatory...











As previously noted, each building has 6 floor-through homes, all with private outdoor space. Pricing will start at $2.3 million; $3.4 million for the penthouses via broker Ryan Serhant. The penthouses at each building will have their own private garages and roof decks.

Images via Amirian Group and Bridgeton Holdings

Previously on EV Grieve:
Tracking the coming changes to East 13th Street between Avenue A and 1st Avenue

A look at the new luxury condos coming soon to East 13th Street

Temporary art and future condos on East 13th Street

Demo time for East 13th Street garages that will yield to luxury condos

Demo time for East 13th Street garages that will yield to luxury condos

Construction of the incoming condos Thirteen East + West entered the next phase yesterday … as workers started to erect the sidewalk bridge at 436 and 442 E. 13th St. between Avenue A and First Avenue …





The two garages that were sold earlier this year on this block will be demolished to make way for six-story buildings that will house floor-though condos. The penthouses at each building will have their own private garages and roof decks. Pricing will start at $2.3 million; $3.4 million for the penthouses via celebrity broker Ryan Serhant.


[Rendering via Instagram]

Back in June, the developers unveiled the luxury condos with a street-art competition that saw murals go up on the soon-to-be-demolished structures. The mural theme: transience. According to the news release announcing the competition: "Buildings go up, buildings come down and art too is victim to the vicissitudes of time."

Previously on EV Grieve:
Tracking the coming changes to East 13th Street between Avenue A and 1st Avenue

A look at the new luxury condos coming soon to East 13th Street

Temporary art and future condos on East 13th Street

Maybe keep your windows closed over here for awhile

[Photo of 442. E. 13th St. from June 6]

As you may know, the directionally named luxury condos Thirteen East + West are in the works at 436 and 442 E. 13th St. between Avenue A and First Avenue.

An EVG reader notes that there is activity of late at No. 442, where there's an Area 51-looking scene unfolding on the rooftop of the former mystery garage… turns out there are posted notices for asbestos removal here…



Per the reader: "Neighbors on East 13th as well as on East 12th are warned to perhaps keep their windows closed during this tear-down procedure."

No. 442 was previously home to the mysterious Electrical Motor Maintenance, which never seemed to be in operation. Still, for years, the rooftop boasted several venting units that were alway purring away, protected with an anti-crime lighting system. What were they protecting?

Previously on EV Grieve:
Tracking the coming changes to East 13th Street between Avenue A and 1st Avenue

A look at the new luxury condos coming soon to East 13th Street

The mystery of 442 E. 13th St.

Temporary art and future condos on East 13th Street

On Thursday night, developers for the directionally named Thirteen East + West at 436 and 442 E. 13th St. between Avenue A and First Avenue unveiled the luxury condos with a street-art competition featuring ArtBattles, a nonprofit dedicated to "creating live art events and competitions to expose emerging artists to the public."


[No. 436 mural by El Niño de Las Pinturas]


[No. 442 mural by "King of New York" Cernesto ]

According to New York Business Journal, the two artists in the competition — "King of New York" Cernesto and El Niño de Las Pinturas — incorporated a "'transient theme' into their works, reflecting how their murals will only be temporary before demolished and made into luxury towers."


[Image via Instagram]

Broker Ryan Serhant, one of the real-estate agents featured on Bravo's "Million Dollar Listing New York," told New York Business Journal:

"We really wanted to highlight what the East Village is all about, which is stories and characters and art — and street art specifically. These two projects specifically are being done with the blood sweat and tears of the East Village, one thousand percent."

According to Serhant, each building has 6 floor-through homes, all with private outdoor space. The penthouses have their own private garages and roof decks. Pricing will start at $2.3 million; $3.4 million for the penthouses.

Meanwhile, back to the New York Business Journal:

David Amirian, principle of The Amirian Group, said the towers will fit into the neighborhood nicely.

"We think this will be a great addition to the neighborhood, you know we aren't building a 20-story glass structure where its going to be infill. We hope its going to be a very big part of the neighborhood in the future," Amirian said.

Previously on EV Grieve:
Tracking the coming changes to East 13th Street between Avenue A and 1st Avenue

Claim: Landlord of 444 E. 13th St. threatened 'to drop dynamite on the building'

A look at the new luxury condos coming soon to East 13th Street

[Updated] Tonight on East 13th Street

[Image via Instagram]

And tonight on East 13th Street … there's the unveiling of the directionally named Thirteen East + West at 436 and 442 E. 13th St. between Avenue A and First Avenue… here's the invite that several EVG readers received for some reason…



There will be a street-art competition and other stuff. The broker is Ryan Serhant, one of the real-estate agents featured on Bravo's "Million Dollar Listing New York." One invitee told us that Bravo will be shooting scenes for the show tonight.

Per the description of the new condos: "Each building has 6 floor-through homes, all with private outdoor space. The penthouses have their own private garages and incredible roof decks. Two and Three bedrooms. Pricing from $2.3M. Penthouses start at $3.4M."

Updated 8:27 p.m.

Dave on 7th shared these photos of the Art Battle(s)…





Previously on EV Grieve:
Tracking the coming changes to East 13th Street between Avenue A and 1st Avenue

Claim: Landlord of 444 E. 13th St. threatened 'to drop dynamite on the building'

A look at the new luxury condos coming soon to East 13th Street

A look at the new luxury condos coming soon to East 13th Street

Work is underway at 436 and 442 E. 13th St., where two 6-story luxury developments will rise from the former garages...


[No. 436]


[No. 442]

And yesterday, developers Amirian Group and Bridgeton Holdings — who bought both properties for $9.5 million — posted the renderings for the new condos on Instagram …


[Image via Instagram]

Per the Instagram post:

"Each building has 6 floor-through homes, all with private outdoor space. The penthouses have their own private garages and incredible roof decks. Two and Three bedrooms. Pricing from $2.3M. Penthouses start at $3.4M."

And!

We are unveiling more renderings and floorplans this Thursday from 5 to 8 PM along with @artbattles and the kids of Walk of Art and EBC High School [in Brooklyn], who will be staging a street-art competition to kick-off the projects.

The buildings are dubbed Thirteen East + West, according to New York Yimby.

This will be a busy block here between Avenue A and First Avenue for construction. Across the street, workers continue to prep the former Peter Stuyvesant Post Office for demolition to make way for an 8-story retail-residential building.

Meanwhile, the residents of 444 E. 13th St. sued their landlord last week, accusing him of ongoing threats and harassment.

Previously on EV Grieve:
Tracking the coming changes to East 13th Street between Avenue A and 1st Avenue

Claim: Landlord of 444 E. 13th St. threatened 'to drop dynamite on the building'

The mystery of 442 E. 13th St.

A reader is looking to solve the mystery of 442 E. 13th St. between Avenue A and First Avenue. This longtime resident lives on 12th Street, and his windows look down on this small, unmarked building. He writes:

It has no signage. Years ago, it had a small sign, Electrical Motor Maintenance.

I'd like to know what goes on in there. The industrial air conditioners are noisy and are on 24/7.

20 years ago, I filed a complaint with the DEP about this building because at the time there was also a noxious smell being emitted from a chimney on the building, but the DEP found nothing.

The building is generally locked up (it's rare to see that entryway door open).

What's the deal?

I walked by and, to some surprise, found the door open...but no one was around -- which only added to the mysteriousness... Not much in the DOB either.



So what's going on here?





And here's an aerial view supplied by the reader: