Last month, the United Hebrew Community, a Jewish burial society, sold the two tenements they’ve occupied for over a century at 201-203 East Broadway on the Lower East Side. Now, plans have been filed to build a seven-story modular building in their place.
Daniel Wise, operating as an anonymous LLC, has acquired the four-story tenement buildings at 201-203 East Broadway, on the Lower East Side, for $8.5 million last month, according to Bowery Boogie. Last week, demolition permits were filed to knock the buildings down, and asbestos abatement notices were posted on-site. The site boasts 28,152 square feet of development rights, or 37,152 square feet if a community facility is included. New building applications haven’t been filed with the DOB.