Best Laid Plans
Developers of a proposed hotel adjacent to the historic Merchant’s House Museum in the East Village will face the Landmarks Preservation Commission tomorrow and face the board’s judgment on the controversial project.
Plans for a nine-story hotel at 27 East 4th Street provoked neighborhood backlash as soon as they were unveiled nearly one year ago. Local preservationists circulated a petition warning that the structure would “overwhelm and detract from the special architectural and historic character of the Merchant’s House Museum. Its excessive size and bulk is not respectful of the historical context of the Museum and does not relate to its small scale.” There were also fears of the impact the hotel’s construction could have on the 181-year-old museum’s structural integrity.
Food & Drink
A new report from the New York City Economic Development Corporation reveals that 42.7 percent of the city’s 1,700 coffee shops and cafes are either Dunkin Donuts or Starbucks branches.
There are 454 Dunkin Donuts locations and 272 Starbucks stores across the five boroughs, according to findings that the E.D.C.’s StatsBee’s blog published on Friday. The East Village’s 10003 zip code was the most caffeinated in the city, with 49 cafes. Midtown and Hell’s Kitchen’s 10019 zip code followed, with 47 shops. Outside Manhattan, Park Slope (11215) and Glendale (11385) each had 32 coffee shops. Both narrowly edged out Williamsburg (11211), which had 31 joe-providing freelancer magnets.
It’s one of the more unusual buildings in the city—an office building smack in the middle of Astor Place, designed by one of the world’s top architects. But as Edward Minsikoff’s 51 Astor Place, designed by Fumihiko Maki, comes closer to reality, the building has defied understanding.
Now, it has finally launched its website with updated renderings and floorplans (spotted by Curbed) which finally helps us get what the building is all about.
A six-story, 25-unit East Village walk-up with mostly market-rate units has sold for $8.7 million, Eastern Consolidated brokers said yesterday.
RURU & Associates, a family investor, nabbed 68-70 Second Avenue, also known as 86 East 4th Street, after standing out among an estimated 100 other potential buyers.
One of the city’s more… interesting… structures, the Cooper Square Hotel in the East Village is now property of Westport Capital Partners, a firm specializing in “opportunistic and distressed real estate investments” as part of a $70.9 million debt restructuring deal.
The Real Deal, who first reported the move, called Read More
Blue Man Group U
The Blue School, the $29,820-a-year primary school founded by none other than the Blue Man Group, has finally secured a permanent home at 241 Water Street, in lower Manhattan.
It purchased the space from the Seaman’s Church Institute for $15.1 million, according to city records. That is a pretty price considering that CB Richard Read More
Last week, the City Planning Commission approved the rezoning of Third Avenue in the East Village, a measure designed to prevent out-of-scale towers–looking at you, NYU dorms–from overtaking the four-block stretch and overwhelming the area’s historic mid-rise scale. It’s the second time in as many years that part of the Lower Read More