
Between the dumpsters on East Seventh Street between First Avenue and Second Avenue... photo via Derek Berg
The lottery will give as many as 15,000 applicants a spot on a waiting list for affordable apartments in the complex, according to a spokeswoman for Blackstone, the firm that purchased the twin housing complexes last year.
Prices for the affordable apartments vary widely based on unit size and household size. The cheapest option is a studio apartment for $1,210 per month for people making between $36,300 and $48,400, while the priciest is a five-bedroom apartment for $4,560 for families of five to 10 members making a total of between $136,800 and $210,870 per year.
Introducing The Calyx, one of the finest full service condominiums to ever emerge within the colorful maze of streets known the East Village. Built in 2010 and recently converted to luxury living, The Calyx captures the best of old vintage vibes and blends them with modern and stylish living. The building rises 10 stories and sits on Avenue C, an East Village strip lined with tasteful restaurants and cafes and located only a few blocks away from Tompkins Square Park and popular nightlife scenes.
Designed by OTL Enterprises—the same firm whose passion and vision were behind The Blue Building of the Lower East Side—The Calyx offers 35 residences dressed with groomed interiors, a fitness facility, and a rooftop lounge boasting panoramic views of Manhattan. Pairing sophistication with the vibrancy of the East Village, The Calyx is a captivating proposition for first time buyers and veteran real estate investors alike.
The Calyx is for those seeking to capture the energy of an evolving neighborhood, to experience the edge of the city’s past and the shimmering promise of its future.
I live directly behind demolition on 13th street. The other day I was approached by a pollster for fairway market asking me a bevy of questions about my thoughts on a new fairway on the corner of 14th and Ave A.
The company is saddled with $267 million in debt and on the brink of bankruptcy, and its stock price, which once peaked at $28 per share, is selling for roughly 30 cents. The collapse has been swift and brutal. "Lives have been totally changed and ruined," says one former buyer for the chain. "What happened was an injustice."
[A]lmost everyone agrees that a confluence of issues — including an overly aggressive and poorly executed expansion plan and rising competition in the quality-produce business — are the reasons Fairway is now in crisis. "It was a perfect storm," says a former executive for the company.
[T]he sale was anticipated after the Allure Group, a private nursing home operator, closed the building in December. The company, which purchased the property last year for $28 million, has stated that the failure to obtain state Medicaid reimbursements forced the closure. The Allure Group also paid the city $16 million for the deed, which had previously restricted the building’s use to a “Not-for-Profit Residential Health Care Facility.”
Community Board 3 and City Council member Margaret Chin supported efforts to lift the deed restriction because they thought it meant the 200-plus-bed nursing facility could continue to operate as a for-profit entity. They were furious with the de Blasio Administration for allowing the building to slip into the hands of luxury housing developers.
"The building is incredible with 12-foot ceilings and a penthouse floor that has a view from the UN to all of Midtown and Downtown. I knew it was doomed to have developers all over it from the first day I got there."
As on St. Marks, both Trash and Vaudeville will continue to exist on two levels. At the Seventh Street digs, they’ll be connected via an internal staircase, and those in the market for towering T.U.K. platform creepers can take comfort in the fact that the storied shoe department will still be housed on the lower level.
"I love St. Mark's Place. There's no doubt it. There's something magical about it. This just isn't any block," Goodman told us on the phone. "The decision wasn't something that I took lightly. From a business perspective, we saw a shift in the clientele. The block is not as conducive for fashion shopping as it once was. Now it seems as if it's all food — fast food — and bongs. Even stores that aren't bong stores sell bongs."
He said that the changing business environment on the block between Second Avenue and Third Avenue was just one of many factors that played into the decision to relocate.
"The retail world is so different today," he said. "So much of it is done online."
And increasing rents are always a culprit.
"The rent is creeping up," said Goodman, who is a minority partner in the ownership of the historic Hamilton-Holly House at 4 St. Mark's Place. "Rent was a factor, but it wasn't the sole reason."
While passersby may not ever again know the pleasure of seeing the store’s most famous employee, Jimmy Webb, lounging on those steps ... he’ll continue his reign when Goodman and co. open their doors in the new space ...
Closing day of our St Marks location has changed to this Sunday Feb 28! Come by & hang w us before we move to 96 east 7th st in March! ❤️🎉👪
— Trash and Vaudeville (@trashvaudeville) February 24, 2016