![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEh__G0kzYM9c4rVx-dCRA4XglOU6nXEOfkipF-JgFmbOMM_yxgBJywY22huOQ7SRETDNP-gq_DSEgBo5yN-XWrW4JuYFt0wsHbkQeVSlQOp167kavH6Hd-vnT2raAj0qDvCt2AjTGBriVw/s400/9+%25281%2529.jpg)
[Photos by Josh Charow]
Last week brought news that Gemini Rosemont, an L.A.-based real-estate investor that specializes in "tenants in high growth and tech centric industries," bought the former Church of the Nativity property on Second Avenue as well as the former La Salle annex next door for $40 million.
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEixhapsP8yWLzXF95ymO0ozC2q78EpuEbJUe5xf1PW0SG8kocfJqoXOalDB6HQehaI31kxCWqVTU6AvQJ453gEcIwEsKav75F-i3swS047xYEc-7Hdf5U1Tadd7RHhgcETuF9yeWU2eWuY/s400/11+%25281%2529.jpg)
In addition last week, the demolition permits were filed for both buildings, per DOB records.
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgDmYhc30RPRreiAjw9NHtl0YKR4XTwmMl85vW1qNsW8iTBqVHUdbVIDMoJh-vyaSSJ2c5KuTVMpUSvJY1SZnWpVuiUpBXIM0io8Hi4IXXhtOd5RGDFWL9i_8QHMd9yoaMtyU2sRux-fH8/s400/7+%25281%2529.jpg)
For now, the corner building at Second Street, 38 Second Ave., is not part of the unspecified new development expected here. (But a lot of observers figure that status will change.)
The Church of the Nativity closed after a service on July 31, 2015, merging with Most Holy Redeemer on Third Street.
No word yet on what Gemini Rosemont has planned for their new East Village parcel. Their other NYC projects include the 13-floor, 45-unit condoplex on 14th Street and Sixth Avenue that will look something like this...
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgUQdfxDvCMR2UtYxOCYK-THY1Hx9_GipyTZdy-KRutva0IMcviPQ4HSJXLHxU3fXa3K3zIcxZgaufZP-xstJ4Ug8EDZE4PugZdvh0C9XMcLQW1vqRIf75XOndNXS-AMaw1zqnf4WCiFjY/s510/531-Sixth-Ave.jpg)
[Rendering via Binyan Studios]
Thanks to Josh Charow for the photos!