Long-Vacant Pit on 2nd Avenue will be Plugged with 10-Story Condo

Posted on: December 17th, 2018 at 12:15 pm by

November 2015

It’s been a hole in the ground for the last eighteen years. Next up, more condos.

The splintered plywood just below 2nd Avenue and East 1st Street, as well as the First Street Green art park, shields pedestrians from the detritus below. In what was the former footprint of Irreplaceable Artifacts, which was destabilized and demolished back in July 2000.

Curbed reported last week that development firm Station Companies will drop a ten-story mess of condos here at 14 2nd Avenue. Owner Daniel Vislocky is behind the as-of-right construction, which will add several one- to three-bedroom full-floor apartments in the $2.8 million to $3.5 million range. Resident amenities will include ground floor storage and a gym.

Completion is pegged for sometime in 2020.

Station Companies purchased the site – the cellar and sub-cellar have been exposed to the elements for two decades – earlier this fall through a court-appointed bankruptcy trustee. (The property was involved in a legal tussle eleven years ago between the city and former owner Evan Blum, who wanted a vote here.)

To look at a vacant lot these days is no longer a guessing game of its future.

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