Dual Demolition Underway on Chrystie Street Ahead of New 14-Story Tower

Posted on: November 9th, 2018 at 5:00 am by

Already with two context-killing luxury developments currently rising on Chrystie Street, the block between Rivington and Stanton is heating up. Work is now underway that will eventually yield a 14-story building.

Demolition began over the summer at 199 and 201 Chrystie Street. The death shroud cloaked both buildings during their demise. Before long, the adjacent properties will face a violent conclusion. The latter already has…

Owner-developer KD Sagamore, which scooped up the two properties over the last couple years for a combined $20 million, recently filed the requisite permits for demolition and re-development. Also submitted were plans for the 14-story, 39,188 square-foot condo with 14 full-floor aparments, ground level retail, gym, and rooftop terrace. Each unit will measure roughly 2,565 square-feet on average.

Meanwhile, Department of Buildings has yet to approve the proposal.

This busy corridor of Chrystie Street is gradually being picked off by the one-percent. There are currently two ten-story, ODA-designed condo projects underway just south of Rivington Street. The Public Hotel (plus condos) up the block is also accomplice.

Recent Stories

Woman Dies Month After Being Hit by School Bus in Chinatown

A pedestrian struck by a school bus in Chinatown last month has succumbed to her injuries. On December 16, at approximately 1:45pm, 67-year-old Ahhon Lau was struck in the intersection of Monroe and Catherine Streets. When officers arrived at the scene, Lau was found unconscious and unresponsive, with trauma about the body. EMS transported her […]

Brooklyn Fare Market Makes it Official at One Manhattan Square

Brooklyn Fare Kitchen & Market officially announced its Lower East Side entrance with banner advertising at One Manhattan Square. The vinyl skins are now in the windows along Cherry Street, advertising free delivery and fresh produce. As previously reported, the upscale grocer signed a lease to occupy 25,500 square-feet across two floors in the base […]

Crab du Jour Goes Down After a Year on Grand Street

Crab du Jour, the ubiquitous franchise selling Cajun-style seafood, closed its Lower East Side location earlier this month. The shutter comes exactly one year after the fast-food spot first opened at 384 Grand Street. Several readers alerted us to the closure, noting that the restaurant hasn’t been open the last several days. Moreover, customers can […]

Former Red Square Retail Demolished for New Development

Nearly six years ago, the Dermot Company purchased the former Red Square for $100 million from Michael Rosen. The residential complex was further upscaled in the interim, and whitewashed into submission. The $100 million deal included space in the adjacent one-story retail. What largely went unnoticed at the time, though, is that the Rosen family […]

Man Shot Dead After Opening Door to Gunman at Lillian Wald Houses

A man was shot dead inside his apartment in the Lillian Wald Houses Friday night after the suspected killer knocked on his door, police said. The perp entered 691 FDR Drive just before 10:00pm and went to the fourth floor apartment of thirty-year-old Davon Venable. Reports noted that Venable and his father heard a knock […]