Here’s a Rendering of the Incoming Modular Housing at 330 Grand Street
It didn’t take long for the two-story pastel properties at 330-332 Grand Street to fall. A matter of weeks, really. And now, there’s nothing left.
The lot is primed for redevelopment. Primed for another modular housing project that will rise six stories (65 feet).
The properties had been peddled on the market for at least the last two years, resulting in the loss of a string of local mom-and-pop businesses. In the end, 330-332 Grand Street changed hands this past July for the sum of $6 million. Local property owner and developer Daniel Wise is the buyer of record; he’s the same guy who purchased two other Lower East Side locations in 2015 and is currently amidst redevelopment efforts.
The newcomer is an 11,900 square-foot development comprised of twelve “modular steel residential condominium units.” However, there is no commercial component to the development, according to the pending plans (i.e. “disapproved”). The developer teamed up with Brooklyn-based Think Architecture for the design, the same firm behind his other development at 201 East Broadway.
Below is the city-mandated signage which includes a sketch of the new residential building. Spring 2019 is the tentative completion date.
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