We interrupt our regular programming to bring you highlights from today's cover story in the Post's Home section titled "Rise in the East" (heh)
... and they have details on some of these stalled developments, empty parcels and mystery lots that we've been watching though the years ...
Should we start with the bad news or the worse news?
Basically, there's a lot of building here on the horizon. Like!
• The Mystery Lot on 13th Street between Second Avenue and Third Avenue.
This space will become an 82-unit, eight-story development, which should break ground this summer for a late 2013 opening. "Prices are still to be determined for the project’s studio and one-, two- and three-bedroom units," according to the Post.
[Pause]
The article also mentions the developments coming to 74-84 Third Ave. (part of which once belonged to Nevada Smith's) and 316-318 E. Third St., which is awaiting demolition to become an eight story, 33-unit apartment building. Developer David Amirian told the Post that he will offer only studios and one bedroom units.
"The market right now is to build rental. You want to build affordable housing for young people," he said.
Here are photos of the two from the Post.
Hmm, 74-84 Third Ave. looks particularly... ENORMOUS. (I will miss the sun while walking by here.)
A few other passages:
• "[The East Village is] young and up-and-coming, and there are a lot of young professionals who live there and a lot of students and a lot of grad students," Amirian says. "We are definitely looking for other parcels in the neighborhood."
Up-and-coming? Don't you think those days have up and came? Or something.
• Of course, some of the East Village’s rental buildings could eventually go condo. The idea of $2,000-per-square-foot penthouses has to have developers considering the possibility.
Of course!
More on some of the other news items here later
As the Observer put it in their coverage of the Post feature:
In short, the former bastions of East Village grit are giving way to rental buildings where parents will pay for their NYU student to live comfortably and drink heavily.
