Monday, December 29, 2008
In response to a couple of inquiries, I have done some research into the 5 walk-ups that were vacated some time ago on the South East corner of 79th and Third Avenue. Demolition has officially commenced starting today.
Here is what I was able to ascertain about the site. It's zoned for residential with a height limit of 210 feet (21 stories). Cetra/Ruddy has been hired as architect for the site (good choice). And, according to a representative for Skyline Developers, the building will not be a glass curtain number- phew! However, in this climate that is all that is certain. No decision has been made as to whether the new building will be a rental, condo, or some sort of hybrid. The owner has been "going back and forth" on that one. The earliest construction would begin would be later in 2009.
At a minimum, it is good to see something happening on the lot. If the owner is truly undecided, I would recommend something along the lines of a Robert A.M. Stern-styled "Chatham" or "Brompton". Such red brick and limestone architecture would blend well with the neighborhood, and if past sales at those two buildings are any indication, the developer would do very well.