With Stability in Question, 210 Bowery Now an Emergency Site

Posted on: August 6th, 2015 at 5:00 am by
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Tuesday morning, a construction accident inside 210 Bowery left two workers injured. The victims were digging deep in the basement for an elevator housing when a brick wall collapsed, trapping one. Both reportedly sustained light injuries.

In the aftermath of the accident, the property – located at the western terminus of Rivington Street – has been under constant activity. It’s an emergency zone – DOB inspectors, police, and contractors are now working around the clock to “fix” the issue. The city probably doesn’t want to take any chances with the Second Avenue Explosion in the rearview. Jackhammering has been a constant the last 48 hours, resulting in the decapitation of the decades-old building. Full demolition looks to be in order, though no permits to that effect are on file.

Also, full vacate orders were issued to three adjacent buildings (though, not reflected in public record just yet).

Acadia Realty Trust is on the defensive. At least in public, where it already reversed its enormous onsite advertisement. Behind the scenes, however, they’re probably happy about demolition. In fact, some out there believe this is all part of the master plan. Seems all too convenient. One concerned neighbor tells us: “They have been digging the basement out with high powered water cannons undermining the foundations …. So they get a fine and get to build the building they want without keeping the original structure of a landmarked area.”

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210 Bowery is amidst luxury conversion. The former 1930s-era flophouse has been undergoing foundation and underpinning work since wintertime. As previously reported, Acadia Realty Trust purchased the property two years ago for $7.5 million, and will sink an additional $3.8 million into four additional floors of residential living.

Upon job completion in March 2016 (approximate), the new construction will boast seven full-floor units comprising 12,824 square-feet of floor area; the single commercial space is slated for 1,989 square-feet. Amenities include roof deck, basement storage, and seven bicycle spaces, according to documents on file with the Department of Buildings.

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