At Rivington House, Soil Drilling Signals the Future [Updated]
This fifteen-foot Davey Drill arrived on Forsyth Street the other day. Situated directly outside Rivington House, its placement is the first real sign of forward progress toward condo redevelopment.
Singular function – collection of soil samples ahead of any development.
No construction is happening onsite, though. At least, not that we’ve noticed. A stop-work order from April 2016 is still active.
Update: we are told that the boring is related to MTA work in the vicinity. The ventilation plant.
As previously reported, the de Blasio administration accepted $16.1 million from the Allure Group to lift the deed on the Rivington House that required its use as a nonprofit. This led to a $116 million sale to the developers Slate Property Group, China Vanke Co., and Adam America Real Estate. The conglomerate will convert to luxury condos. To mitigate fallout from the scandal, the Mayor then proposed last September to replace those lost services by converting the city property at 30 Pike Street (between Madison and Henry) into senior affordable housing and a health care facility.