EFTA00853411.pdf

From: "Mark L. Epstein" To: "Jeffrey E." <jeevacation@grnail.com> Subject: Re: Report: Northeast corner of St. Mark's Place and 3rd Ave. fetching $50 million for development site Date: Wed, 24 Jun 2015 19:32:33 +0000 The owners of Gabay's, where you used to do all of your high end fashion shopping! The place with the bins of stuff in the village. Sent via tin can and string. On Jun 24, 2015, at 15:19, jeffrey E. <jeevacation@gmail.com> wrote: remind me On Wed, Jun 24, 2015 at 3:17 PM, Mark L. Epstein < > wrote: Note the buyer! Sent via tin can and string. Begin forwarded message: From: Michael Lebron Date: June 24, 2015 at 13:45:58 EDT To: Michael Lebron Subject: Report: Northeast corner of St. Mark's Place and 3rd Ave. fetching S50 million for development site EV Grieve EV Grieve is an East Village blog where you'll find local news on the real estate, restaurants and residents of the East Village NYC. Wednesday, June 24, 2015 Report: Northeast corner of St. Mark's Place and 3rd Ave. fetching $50 million for development site [EVG photofrom early 2014] A prime corner of the East Village is in contract for roughly $50 million. According to The Real Deal, real-estate investor Arthur Shapolsky intends to buy three properties at the corner of Third Avenue and EFTA00853411 St. Marks Place: 23 Third Ave., 27 Third Ave. and 3 St. Mark's Place. Basically everything from McDonald's to the corner. The sellers are members of the Gabay family, whose patriarch opened a discount fashion outlet at the corner property in 1990. Both parties confirmed the agreement, though Shapolsky declined to comment on his plans for the site, which could accommodate a 41,500square•foot commercial building or a residential one ofroughly half the size. The Real Deal cites the proximity of this corner to Edward Minskofl's 51 Astor Place aka The IBM Watson Building aka the Death Star directly across Third Avenue. The eastern corners of St Mark's Place and Third Avenue promise to look a whole lot different. Late last year, the Pappas family, owners of the St. Marks Hotel, filed plans to build a 10-story mixed•use building on the hotel's lot at 2 St. Mark's Place and Third Avenue. Vr [2 Sr. Mark's Place rendering via NY Yimhx] Grieve at 10:18 AM 8 comments: 1. Vr nygruntplune 24 2015 at 10:29 AM block after block of bland, temporary buildings with a lifespan equaling its depreciation. perfect for being destroyed the coming wars with eurasia. Reply 2. AnonymousJune 24 2015 at 10:30 AM St. Mark's is gone. It was always gritty, now it will be "any street USA". When friends came to visit I would always walk them down St. Marks at 4:00 in the morning, when it was still happening. After all the Japanese places moved in it was never the same. Reply 3. AnonymousJune 24. 2015 at 10:36 AM I am speechless, and as a New Yorker with an opinion on everything, that's unusual. If you thought the EV vibe was done for when the gimmicky T-Rex appeared on the roof of the Continental, the continuing genericization of everything is much, much worse. Reply 4. AnonymousJune 24. 2015 at 11:00 AM Looks like the Death Star will sprout babies all around the block. Midtown South coming soon. Reply 5. AnonymousJune 24 2015 at 11:07 AM This looks to me like an old building circa 1820's? The peaked roof which I find unusual may have had dormer windows once upon a time. Another bit ofhistory gone forever. EFTA00853412  Reply 6. GJ AnonymousJune 24 2015 at 11:12 AM Bet that Korilla sign's gonna start looking much better to a lot of the posters here. All things being relative, ya know. Reply 7.; AnonymousJune 24 2015 at 11:17 AM St. Mark's Place was always over-rated. I've avoided it for over 20 years. Reply 8. ;111 ., AnonymousJune 24 2015 at 12:05 PM For $50 million, hope they put something amazing on this corner; liked a Duane Reade, Bank of America, Starbucks, or a Marriott Courtyard. Reply Michael Lebron ATW Communications Inc. G This message is the property of ATW Communications Inc and contains information which may be privileged or confidential. It is meant only for the intended recipients and/or their authorized agents. If you believe you have received this message in error, please notify us immediately by return e-mail and destroy any printed or electronic copies of the message. Any unauthorized use. dissemination, disclosure, or copying of this message or the information contained in it. is strictly prohibited and may be unlawful. Thank you for your cooperation. please note The information contained in this communication is confidential, may be attorney-client privileged, may constitute inside information, and is intended only for the use of the addressee. It is the property of JEE Unauthorized use, disclosure or copying of this communication or any part thereof is strictly prohibited and may be unlawful. If you have received this communication in error, please notify us immediately by return e-mail or by e-mail to jeevacation@gmail.com, and destroy this communication and all copies thereof, including all attachments. copyright -all rights reserved EFTA00853413