The Real Deal New York

Lloyd Goldman aims to bring $35M resi building to East Village

Developer bought the site -- which houses a gas station -- for $7M in 2012

November 11, 2014 12:30PM

From left: Lloyd Goldman and 11 Avenue C

From left: Lloyd Goldman and 11 Avenue C

BLDG Management is looking to build a $35.3 million residential building at a site that currently houses a gas station in the East Village.

The Lloyd Goldman-led company filed an application for a variance with the Board of Standards and Appeals to construct the proposed 46-unit, 10-story development, according to the New York Observer.

The lot at 11 Avenue C is located between East Houston Street, Avenue C and East Second Street. The building would include 4,550 square feet of ground floor retail space as well as 3,300 square feet for a retail tenant in the basement, the newspaper reported.

BLDG bought the location in 2012 for $7 million and owns it together with Hakimian Properties New York. Recently, BLDG sold a building at 102 Greene Street and two Midtown East properties.

Construction is expected to start in 2015. [NYO] — Claire Moses

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