First Look at the 14-Story Office Tower Coming to Vacant Pike Street Gas Station
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Long a symbol of the economic downturn, the abandoned Mobil gas station at 2 Pike Street (aka 100 East Broadway) is primed for new development. As reported, the 9,800 square-foot (overgrown) parcel sold this past April for an eye-popping $18.75 million. Developer Shing Wah Yeung of Yeung Real Estate Development was the buyer, and intends to drop a 14-story (180 feet) office tower here.
The application was officially filed with the Department of Buildings last Friday. According to the paperwork, 58,830 square-feet of space is earmarked for commercial usage, with 4,902 square-feet going toward a community facility. There will be ground-floor retail, a restaurant occupying the second and third floors, and office condos to round out the remaining ten stories.
Pro-development blog YIMBY scored renderings of what to expect. It’s designed by Studio C Architects.
The Mobil gas station at 2 Pike Street shuttered almost six years ago. Its business consolidated with the Alphabet City location on East Houston, which is now gone, too (there, it’s condos). Other than the placement of a Yo! Bus stop at its doorstep, this spot has been dormant for the duration.