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

Screen Shot 2014-10-21 at 12.49.20 PM
Classic Album Art Comes to Life in Roy Kafri’s New Beatbox Video

Iconic vinyl art has taken a turn for the outlandish with Israeli comedy singer Roy Kafri’s latest music video. He not only features classic album covers brought to life, but ones that are, in fact, beatboxing on the street. Bowie beatboxing. Lou Reed beatboxing. If that’s not enough to mess with your mind, it’s filmed in reverse; by the end, we […]

marilyn-louie-closed
Marilyn Louie Temporarily Closes Tiny Bowery Newsstand Due to Flooding

Unfortunately for Marilyn Louie, when it rains, it poors. Literally. This time the weather proved itself an enemy, with downpours sidelining the business. Damn. The embattled newsstand owner – on the Bowery for thirty-eight years – seriously can’t catch a break. Heavy rainfall last week and its resultant flooding reportedly forced [Chinese language] the longtime newsstand […]

hanksy-eazyebola
Hanksy Gets All NWA with ‘Eazy-E Bola’

Street artist Hanksy is tapping right into global fear of an Ebola outbreak. His latest piece is self-proclaimed, “straight outta Congo.” The sticker sized placement is in eastern Chinatown and features the one and only Eazy-E Bola and his virus strain neck. Meanwhile, Hanksy continues to explore street art around the country with his new “Surplus […]

agent-provocateur-elizabeth
Agent Provocateur is Opening a Third Manhattan Location on Elizabeth Street

Haute lifestyle boutique Condor is no longer part of the gold-coast landscape of Little Italy. The business closed its three-year-old shop at 259 Elizabeth Street at the end of August, but has been running a pop-up locale down on Kenmare Street in the interim. Now it’s again without a home. Condor flew the coop thanks […]

bartendr-blackbox
Bartrendr App at It Again with ‘NYC’s Only Bar for On-Duty Pilots’ Stunt

That fake bar for pregnant women isn’t the only controversial PR stunt Bartrendr has up its collective sleeve. The bar-finding mobile app is at it again with another faux-pax advert on Spring Street. The commercial unit at 59 Spring is currently masquerading as Black Box, “NYC’s only bar for on duty pilots.” Don’t be fooled, […]