Pizza and Papaya, Be Gone!
May 9, 2016 — More old buildings fall to make way for more new condos.
The humble southwest corner of Lexington Avenue and East 23rd Street, just north of Gramercy Park, is about to get the treatment. That is, a cluster of low-rise buildings with charming businesses peddling pizza and papaya are being demolished to make way for more condos, YIMBY reports.
Soon to rise at the corner is an 18-story, 133-unit condo project with an estimated value of $503.5 million, according to papers filed with the Attorney General’s office.
The condo component of the project will be connected to a 13-story wing fronting East 22nd St. The project is being designed by Office of Metropolitan Architecture and developed by Toll Brothers City Living.
No word yet on whether pizza and/or papaya will be available in the development’s commercial spaces.