Three Upper East Side buildings – all of which were recently purchased – are expected to be demolished soon, Patch reports.
Two of the buildings are located side-by-side at 1305 Third Avenue and 1307-1309 Third Avenue, between 74th and 75th Streets. Both are five-story walk-ups.
These buildings were formerly home to Candle Cafe, Jowny Market and Bistro Le Steak.
The third building getting demolished is located around the corner, at 202 East 75th Street (between Second and Third Avenues). This four-story building has nine apartments.
The developer who purchased the buildings, EJS Group, sent Patch an email saying “We are still working through definitive plans for the site, but wanted to move forward with the demolition of the vacant buildings in the interim.”
According to The Real Deal, “The site has 75,000 square feet of development potential, which increases to 90,000 with an inclusionary housing bonus.” The buildings on Third Avenue were purchased in March for $32.5 million, and 202 East 75th Street was purchased around the same time for $5.8 million.