
Can't say for sure when this happened here at 118 E. First St. between Avenue A and First Avenue... someone painted a giant peace sign on the front of the building. (I don't recall seeing it on Friday afternoon. Anyone?)
In any event, might be a good time for a quick recap on what's happening here. As previously noted, the existing structure is being demolished to make room for a 9-story residential building. In total, there are seven units divided over 12,500 square feet of residential space, as NY Yimby first reported. (Given the size — about 1,800 square feet, NYY figures these will be condos.)
And it looks as if the city approved the plans back in November...

...while I haven't seen any renderings, perhaps these zoning diagrams on file with the city about what's to come will hold you over...

And as noted in a few previous posts about this address, No. 118 was home in the mid-1980s to Darinka, the performance space operated by Gary Ray that featured They Might Be Giants as its house band.
Previously on EV Grieve:
118 E. 1st St. arrives on the market with so many possibilities, and air rights
118 E. 1st. St. will yield to a new 9-floor residential building
Demolition of 118 E. 1st St. begins to make way for 9-story residential building