The currently under-occupied parking lot-green space combo at 215 Chrystie could soon be putting its glassy block-hogging neighbors at Avalon Chrystie Place to shame if the sliver of sleepy neighborhood can be renewed with a 25-story mixed-use tower. The lot, vacant save for some parking spaces and trees, is the last city-owned parcel of the Cooper Square Urban Renewal Area that was established in 1959—you thought SPURA was the only glacial mover in the neighborhood? After 50-something years, developers are now prepared to jump in and take a chance by building a 195,000-square-foot exclamation mark on the Lower East Side. At 25 stories, the new tower would be the tallest building by a wide margin for some distance in any direction.
·Proposal for 25-Story Tower in Cooper Square Urban Renewal Area on Chrystie Street [BoweryBoogie]
· SPURA coverage [Curbed]