Long-Fallow Grand Street Development Reaches 3-Story Height
You probably forgot about 355 Grand Street. And with good reason. This onetime pit had been vacant for over two years already, ever since the historic 200-year-old Federal-style row house was demolished.
The luxury payload is now well underway. Finally, there is actual visible progress toward what will soon become a six-story mixed-use development. Work on the project resumed last fall, but only now has the superstructure ascended past the plywood threshold. It currently sits at a height of about three stories.
The drama here is more than four years in the making. After purchasing 355 Grand Street for $4 million in December 2014, Interboro Properties spent the next two years demolishing a structure that had been on the corner since the 1820s. Flowers Cafe and Vic’s Pizza didn’t survive, either. (The cafe is making a comeback down the block on Essex, though.) The six-story mixed-use building will boast two enormous apartments spanning 4,653 square-feet – one duplex and one triplex – and a 2,282 square-foot commercial unit.
Judging by the project site signage, the design is bland enough to fit in with most of the new development happening in the immediate vicinity.