The rumor is true: developer Douglas Steiner, owner of the Brooklyn Navy Yard's Steiner Studios, is the buyer of Mary Help of Christians on East 12th Street near Avenue A. The lot he purchased for $41 million includes several properties, The Local explains: the church, the rectory at 440 East 12th Street, the former flea market lot at 181 Avenue A, and a school building at 436 East 12th Street. Steiner says he'll build an 80/20 residential development that's "contextually appropriate for the neighborhood." He'd already mentioned plans for a 100-unit luxury residential building south of 23rd Street, so we're just mentally slotting that in here.
· Douglas Steiner Buys Mary Help of Christians Property for $41 Million [The Local]
· Mary Help of Christians coverage [Curbed]