Tuesday, April 25, 2017

More of Same on Fourth: SWO and corner sale

There's an SWO posted at 581 Fourth, the vast construction site at Fourth & Prospect Avenues.  The date is a little unclear, either the 21st or 24th April, and strangely, there's no record of the SWO on the DOB website.  It could be related to complaints of excavation undermining an adjacent building.  The site was flipped by the Rabsky Group to the Daten Group in 2015, and plans switched from rental to condo units.  No inclusionary housing here.

At the northern end of the Fourth Avenue block, at 561, a corner building and adjacent property on 16th - a pretty looking carriage house - are listed for sale for $4,600,000 with "lots of opportunity for additional development."  The storefronts at 561 and 563 have been shuttered for several years.

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