More on the 12-Story Second Avenue Housing Plan

Posted on: December 9th, 2010 at 6:40 am by

Tuesday afternoon, the Local East Village dropped bombshell news that the block of Second Avenue between East Houston and First Street is on course for some heavy change.  Not just renovation.  It would spell at least two years of demolition, construction, and misplaced tenants and businesses.  And if all the necessary hurdles and red tape are cleared, this could be a glimpse of the future.  Can you imagine Mars Bar as we know it living and breathing here?

Now that we have your attention, let’s dive into some of the details. This issue was the leadoff item on the agenda at last night’s CB3 zoning committee meeting.  Juan Barahona of developer BFC Partners was in the house to further explain their plans.  The proposed twelve-story building will contain roughly sixty total units, twelve of which are slated to become affordable housing. Nine of said units are earmarked for returning families; three are for new families (lottery).  Meanwhile, the remaining lot will be market rate living, but BFC is still unsure if they’ll be rentals or sales.

But concessions are definitely in order for the nine returning families. Those living in 9 Second Avenue will receive comparable living quarters.  However, the four tenants in 11-17 Second Avenue with 2,000 square-foot lofts agreed to downsize to 1,200 square-feet in the new building.

One committee member was alarmed that the affordable tenants might quickly turn around and flip after purchasing for only $1.  She was assured, however, that flip taxes are a component of the inclusionary program to discourage such schemes (7% net profits reinvested in building).  A short time later, thirty-year building resident Gretchen Green had the conch, as it were, and spoke in support of the measure, reiterating how the living conditions aren’t 100% safe and how this would be a welcome change.

The board voted to carry the measure, with one abstention.  While there were other issues on the agenda last night, this was the most popular.  Much of the crowd dispersed after the vote.

Recent Stories

CM Chin speaking at Two Bridges environmental scoping session, Feb. 2017
LES Community Group Slams CM Chin for Colluding with Developers, Demands She Step Down

The Coalition to Protect Chinatown and the Lower East Side is demanding that Councilwoman Margaret Chin step down. The grassroots organization, which counts more than a dozen other local groups in its ranks, claims that the politician is firmly in the pocket of big-money developers. That’s not a stretch, either. One need only have attended […]

allen-street-hotel-update-2_wm
9-Years-Stalled ‘Allen Street Hotel’ Back from the Dead with New Renderings (and Window Panels)

Against the odds, one of the longest stalled projects on the Lower East Side – it should be a punchline – just returned to life. Back from the dead, it seems, the sixteen-story Allen Street Hotel now has some new flair to discuss, the first real progress onsite since February 2011. This single window panel on the […]

beckenstein-galerie-perrotin-orchard_wm
‘Galerie Perrotin’ Opens at Orchard Street’s Beckenstein Building Tomorrow

Over at 130 Orchard Street, gone is the plywood and daily train of dumpsters at curbside. This gallery is ready to roll. Only partially complete – construction has been ongoing since the fall – the ambitious new outpost of Galerie Perrotin debuts tomorrow at the Beckenstein building on Orchard Street. The ground floor of the five-level showroom […]

ludlow-fight-dl
Sunday Night’s Boozy Brawl at The DL was the 2nd Since February

It was a boozy brunch that ended in a brawl twelve hours later. And now the fallout. Sunday evening, shortly after 11pm, a crowd outside The DL turned violent. Surveillance footage released by the 7th Precinct shows that the altercation escalated when two women began hitting each other, one of whom was violently pushed to […]

100norfolk-glass-1_wm
12-Story Cantilevered Condo at 100 Norfolk Undresses to Reveal its Glass

‘Tis the season for disrobing … for several neighborhood project sites. The latest is the 12-story cantilevered condo development at 100 Norfolk Street, which began the piecemeal removal of scaffolding yesterday. Underway since early 2013, the multimillion-dollar residential development rivals its neighbor Blue for most assaulting on the eyes. (Guess that’s what happens when there’s “little […]