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

unnamed
Writing ‘Custom Melodies’ with New Yorkers at Chinatown Soup on Orchard Street

You may have heard of artist Grey Gersten and his “Custom Melodies” exhibit  – a successful interactive exercise in writing anonymous biographical songs by New Yorkers, which showcased at the Mmuseumm last year.  Well, now he’s taking those songs digitally, giving the tracks a more accessible and permanent home on the internet. We caught up with the man behind it all […]

kossars-update-1
Kossar’s Bagels & Bialys Reopens Today with New Look and Menu

​Under relatively new ownership, the updated Kossar’s Bialys is now less a warehouse bakery with retail afterthought, and more a proper New York City bagel shop. And it reopens to the public today. The bare-bones factory feel of the predecessor is gone, instead replaced with something cleaner and with vintage aesthetic. Feels like a hybrid […]

hanksy-trump-tagged
Hanksy Hater Tags Trump Dump Mural on Orchard Street

Of all Hanksy’s recent output, his Donald “Dump” Trump piece on Orchard Street certainly struck a chord. Perfect timing, really. After all, it is an election year, and anything Trump is newsworthy. The presidential hopeful and star of The Apprentice is trying to insult his way to the White House. So his head sits on […]

citizenm-scaffolding
CitizenM Hotel on the Bowery Hit with Stop-Work Order for Worksite Safety Issues

While the CitizenM hotel ascends to great heights (i.e. 19 stories) at 185 Bowery, it’s the neighbors who suffer most. Day in and day out, the congestion at the corner of Delancey disrupts not only sidewalk flow and sleep, but motor traffic. Blame constant blockages and deliveries. Well, the lack of oversight we’ve noted at […]

Proposal for 348 Lafayette St.
LPC Rejects Aby Rosen’s Modifications to Former Women’s Shelter at 348 Lafayette

​You may have noticed the orange fencing atop 348 Lafayette Street (aka 11 Bond). That’s an illustrative mockup of the rooftop addition proposed by real estate magnate Aby Rosen in his bid to convert the former 43-bed women’s shelter into a luxury commercial complex. You’ll recall that Rosen purchased the 1913-vintage building last summer for […]