Get Ready For The Condo-ification of Avenue A

Categories: Make It Stop

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josewolff via Compfight cc
Condo-ification of the LES, par example.
Manhattan has become the most expensive place to live in the country. Brooklyn ranks second on that unfortunate list. The latter is getting so costly that people are moving back to the former in some weird migratory conundrum. A main force behind all of this has been condofication - a mainstay of the Bloomberg administration's housing policy. We don't know what else to say that could prepare you for their impending invasion.

In that battle, Avenue A stands as a thin red line between the real estate forces that have glossed up the East Village over the past decade or so and the rest of Alphabet City. And it's a line that is disappearing by the day; condos have popped up as far east as Avenue D with wealthier residents (yuppies, gentrifiers, whatever) pushing into the corners of the hip neighborhood.

And news last week confirmed what we're all scared to say out loud: it's only a matter of time before the entire East Village becomes an uninhabitable condo paradise (think: Williamsburg waterfront).

On Thursday, EV Grieve reported on the plans in place for Avenue A. Warning: they're a bit rough on the soul to read.

Do you know the vacant lot that belongs to Mary Help of Christians on 11th and A? The one that had the flea market every weekend up until a few weeks ago? Well, that spot is currently listed on real estate sites, advertising as a "140 unit market luxury rental building." That's 11,356 square feet on the ground floor to work with.

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Ripco Real Estate

Oh, and that stretch of concrete between East 7th and East 6th on Avenue A, where a closed bodega now stands as a shelter for the homeless? It's also the former location of an old theater, (which really should renovate and reopen itself as the Nitehawk Cinema of the East Village but whatever). Well, there's a chance that the spot could be replaced with a condo overlooking Tompkins Square Park that could fit 40 units, give or take.

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Still trying to preserve what's left of the East Village? Well, we are, too.

[jsurico15@gmail.com/@JohnSurico]

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8 comments
Michael Podniesinski
Michael Podniesinski

How long until Doc Holliday's hires a sommelier and offers valet parking? Guesses anyone?

Fukk Mayor Bloomberg
Fukk Mayor Bloomberg

bottom line. if the unwashed masses start robbing, raping, and killing again like it was the 70's and 80's the white people will run away again for NJ and Connecticut. Nobody will be around to pay these ridiculous rents cause NYC is too dangerous to live in. A quick check of the quality of crime fighting the NYPD employees now makes me certain crime is going up and white people will be leaving. Remember security cameras don't stop bullets and short obese cops in ill fitting pants are fun to laugh at but not too good to stop even the most basic shop lifter.

Bobby Smith
Bobby Smith

This depresses me from a thousand miles away.

Fernando D. Riascos
Fernando D. Riascos

somach churning although the east village has already lost its soul.

Nck D'mr
Nck D'mr

Manhattan is a dead scene, man.

Andrea Robbins
Andrea Robbins

Bloomberg administration...I guess you get what you vote for

anon
anon

@Fukk Bloomberg

Wishful thinking.  We Manhattan now.   

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