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From Flop Houses to Food Courts on the Bowery

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The new-look Bowery just got more ... new-lookie. And mallish! And a bunch of other made-up words, because it's hard to look at the above photo and mentally compute the fact that this is Avalon Bay's vision for Extra Place?the alley behind CBGB (R.I.P.) that the developer has long been planning to convert to a "slice of the Left Bank." The Real Deal recently revealed the latest plans for the pedestrian mall, a companion piece to Avalon's luxury rental buildings along the Bowery. Extra Place will have an entrance to the John Varvatos store that will open in the old CBGB space, as well as many other fresh-faced boutiques. Said Avalon's development director: "We have turn-key spaces. We want people who are looking to finally do their own thing, like the just-graduated fashion student. Everything from fashion, jewelry, paper, flowers, etc." The rents are actually slightly lower than the current going-rate for Bowery retail, perhaps because?upon signing the lease?your soul dies a little.
· A new street is born on the Bowery [TRD via Vanishing New York]
· Avalon Chrystie III Scheme: 'Left Bank' for East Village [Curbed]