The city approved a demolition permit yesterday for 98-100 Avenue A, where a 40-unit apartment building will rise above 15,617 square feet of retail space.
East Village developer Ben Shaoul purchased the property last month for $15.5 million.
EV Grieve writes that while Mr. Shaoul’s name does not appear on records for the property, it did show up on asbestos abatement papers posted earlier this month. There are currently no plans on file with the Department of Buildings, but a listing by Ripco Real Estate last month described 9,767 square feet of ground floor and 5,850 square feet of basement area.
The site just below Tompkins Square Park was previously home to the East Village Farms convenience store.