Foundation work is well underway at the site of Extell Development’s seven-story, 160-unit mixed-use development at 500 East 14th Street and 524 East 14th Street, in the East Village. Rebar can now be seen sprouting from the ground, as seen in photos in a EV Grieve update. Once complete, a seven-story, 106-unit building, encompassing 181,713 square feet, will be situated on the corner of Avenue A. A seven-story, 54-unit mixed-use building, measuring 71,719 square feet, will stand down the street at 524 East 14th Street. Across both, there will be 45,407 square feet of commercial-retail space on the ground and cellar levels. The apartments above should average 1,215 square feet apiece, which suggests condominiums are in the works.
Amenities listed on the Schedule A include a fitness center, a residential lounge, a children’s playroom, a pool and steam room, private residential storage units, storage for 83 bikes, laundry facilities, and outdoor rooftop terraces. Beyer Blinder Belle is responsible for the design. Construction has been relatively slow, as excavation work began about a year ago. Completion is expected in early 2017.
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