Demolition Approved for Pike Street Gas Station Ahead of New 14-Story Office Tower
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Up goes the fence.
For the first time since the Mobil gas station closed six years ago, there is real activity to report at 2 Pike Street. The plywood boards took up residence along the perimeter of the vacant lot last week. Get ready for more construction woes.
As previously mentioned, the 9,800 square-foot (overgrown) parcel sold seven months ago for an wallet-busting $18.75 million. Developer Shing Wah Yeung of Yeung Real Estate Development was the buyer of record, and intends to drop a 14-story (180 feet) office tower here.
DOB filings (still pending) show 58,830 square-feet of space earmarked for commercial usage, with 4,902 square-feet going toward a community facility. There will be ground-floor retail, a restaurant occupying the second and third floors, and office condos to round out the remaining ten stories. Demolition was approved by the city two weeks ago.
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It’s designed by Studio C Architects. Here’s a refresher:
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No word just yet on how this project will affect the Yo Bus intercity bus stop.
The Mobil gas station at 2 Pike Street shuttered almost six years ago. Its business consolidated with the Alphabet City location on East Houston, which is now gone, too (there, it’s condos).