The lease — for 9,500 square feet at grade and 17,806 square feet below ground — is for 30 years, at which time Target could extend it for another 10 years, according to the source and the memorandum of lease. ... The asking rent was $2.5 million per year, the source told CO.
The project’s design consists of three 7-story residential buildings that will complement the surrounding neighborhood. Combined, this new development will house 150 high end rental apartments ranging from studios to three bedrooms. The buildings will also include individual residential lobbies, large retail space, and indoor / outdoor amenity spaces.
Some of the indoor amenities include a pool, fitness center, bike storage facilities, resident’s lounge, and children’s playroom. An important aspect of the outdoor amenity area is the incorporation of green spaces. The second floor apartments in the main tenant area each include a private terrace that runs through the courtyard interior of the buildings. The rooftop of all three towers will be a green roof with mixed private and public spaces. Some features of the public space will include outdoor gardens, ornamental grasses, a full bocce court, pergola covered dining with an open air grill kitchen, and framed hedge walls. LBG Construction Management services included Estimating and Budgeting, Constructability Review, Scheduling Services, Logistical Planning, and Coordination with the design team.
Esperanto Fonda will allow patrons to grab to-go-friendly items such as tacos, empanadas, burritos, and a Cubano sandwich with roasted pork loin, ham, melted Swiss cheese and mojo sauce.
Summer Streets is an annual celebration of New York City’s most valuable public space — our streets. On three consecutive Saturdays in August, nearly seven miles of NYC's streets are opened for people to play, run, walk and bike. Summer Streets provides space for healthy recreation and encourages New Yorkers to use more sustainable forms of transportation. In 2015, nearly 300,000 people took advantage of the open streets.
Summer Streets is modeled on other events from around the world including CiclovĂa in Bogotá, Colombia and the Paris Plage in France and has since inspired other such events around the world such as CicloRecreo Via and London's Regent Street Summer Streets.
Held between 7 am to 1 pm, Summer Streets extends from the Brooklyn Bridge to Central Park, along Park Avenue and connecting streets, with easy access from all points in New York City, allowing participants to plan a trip as long or short as they wish. All activities at Summer Streets are free of charge, and designed for people of all ages and ability levels to share the streets respectfully.
During week one, test your athletic prowess by running with Team Citi and the Mets. Summer Streets participants can virtually race a U.S. Olympian, meet three time U.S. National Champion and 2016 U.S. Paralympic Hopeful Scout Bassett, as well as Mrs. Met and pick up some Mets and Olympic swag from the social media vending machines.
Sachko still has the original lease; her parents first paid $26.45. Her monthly bill is $1,500. The apartment next door, once a mirror image of her own, has been renovated to add a second bathroom and more bedrooms, and is currently on the market for $4,690.
The decision to withdraw would allow residents to sell their units for a huge profit. But some worry it would be shortsighted to cash in on their below-market-rate homes — and that privatizing could further erode the neighborhood’s affordability.
Withdrawing from the program would require a two-thirds vote by residents of at least 822 apartments. If the measure passes, shareholders could choose to deregulate their units and put them on the market. They could also relinquish their shares by leaving and having their equity returned, or stay on as tenants in rent-regulated apartments.
As a vibrant cultural district with over two dozen theater, dance, music, art, architecture and historic landmarks including Blue Man Group, Fourth Arts Block, Cooper Union, Joe’s Pub, St. Mark’s Church and the Public Theater, the festival will debut Astor Place’s four new public plazas, among other civic space transformations as part of its larger $16 million revitalization project. The vibrant downtown New York City neighborhood will celebrate the imminent reopening with entertainment, workshops, tours, a parade, local restaurant specials and more, which will be free and open to the public.
Astor Place Festival highlights will include:
• Performances & Stages – With four performance stages starting from 4th Street to 9th Street, there will be 20+ groups of diverse local theaters, performing arts companies and schools performing throughout all three days. They include La MaMa, Joe’s Pub, Bowery Poetry Club, The Public Theater, Theater for the New City, Hetrik-Martin Institute, The Standard Hotel’s Sounds, Rod Rodgers Dance Company, Peridance Capezio Center and Danspace Project. All performances will focus on five historical themes of Astor Place, including Theater for All, Alternative Cultures and Radical Politics, Thinkers and Writers, Immigrant Populations and Architectural Frontiers.
• Mosaic Light Pole Dedication (September 15) – Popular East Village Artist Jim Power will debut the restored mosaic light poles throughout Astor Place in honor of the festival.
Pretty big for coffee enthusiasts in the neighborhood. Box Kite has closed! Went the day before for their brunch. Am pretty friendly with the baristas but I don't think they knew it was coming either. Texted one of them the next morning when I was greeted with locked doors and not a soul inside.
The location of the shop was never quite able to sustain the super premium coffee experience that it was set up to provide, and the other aspects of the business – the food and alcohol sales – never pulled their weight… The owner [Matt Prete] was always very up front with everyone that it was losing money and that he would be willing to tolerate it as long as it was fun and as long as we could get it reasonably closer to breaking even.
"While the news wasn’t altogether shocking (and part of the reason I’m no longer part of the project), I’m truly sorry for all the employees that lost their jobs and for all of the customers that went out of their way to give us their business. This was my first stab at owning something, and a great lesson on making better choices about who I will get into business with again."
The East Village Independent Merchants Association (EVIMA) will be hosting its second annual #EastVillageLoves party at Jimmy’s No. 43 (43 E. 7th St.) on Thursday, Aug. 4. The party is a celebration of local, independent businesses, specifically those located in the East Village.
The #EastVillageLoves party was founded in the wake of last year’s Second Avenue explosion that claimed two lives and shuttered dozens of small businesses in the area for months at a time. East Village Loves & EVIMA seeks to unite East Village residents and merchants and to create a stronger neighborhood where small business can thrive.
The party will include prizes, small bites, a meet and greet with the EVIMA board, and a free first drink for all in attendance. RSVP via eastvillageloves.eventbrite.com. A special toast will be made at 7 PM sharp.
