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Report: high-end condo in the works for 2nd Avenue explosion site


[EVG file photo]

Shaky Cohen’s Nexus Building Development Group has filed plans to build a high-end condo at 121 Second Ave., where one of three buildings were destroyed in the deadly gas explosion in March 2015.

Nexus Building Development Group paid $9.15 million for the empty lots at No. 119 and 121 between Seventh Street and St. Mark’s Place.

As The Real Deal reported, Nexus reps filed a permit application with the DOB today. According to the permit, the building will feature 2,100 square feet for commercial use with 21,000 square feet for residences.

Here’s how the Nexus site describes the project:

…121 Second Avenue is a high-end condominium building designed by Morris Adjami, with seven floors including 21 apartments and a retail space. Residential units are one, two and three bedrooms.

Size: 7 floors, 21 Residential units

Developer: Nexus Building Development Group in partnership with Immobiliare Capital and Premier Equities

Architect: Morris Adjimi Architects

Marketing and Sales: The Tavivian Team from Douglas Elliman

The permits list 119 as the address for the new building while the Nexus site lists the address as 121.

There aren’t any renderings for the building just yet.

In a previously recorded transaction, Ezra Wibowo paid $6 million for the property at 123 Second Ave. A source told the Post last March that this was a long-term investment. “He’s not in a rush to build or develop.”


Previously on EV Grieve:
Exclusive: 2nd Avenue explosion sites have a new owner

Dedicating Moises Locón Way and Nicholas Figueroa Way on 2nd Avenue at 7th Street

Soil testing underway at the 2nd Avenue explosion site

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