One Avenue B

East Village

Manhattan

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One Avenue B

Location
East Village
Manhattan
Tenant(s)
Popular Community Bank
The Blue School
Status
Sold

50,000

Sq Ft

23

Units

LargaVista repositioned a former gasoline station in operation since the 1950’s. Upon the successful completion of a BSA variance for retail use and additional FAR, the company negotiated a comprehensive remedial action plan with the DEC in order to implement bio‐remediation to address substantial levels of petroleum contamination in the soil and groundwater. Situated at the crossroads of the East Village and Lower East Side, LargaVista developed a 40,000sf boutique condominium with 23 residences and a flagship retail bank branch. One Avenue B was also home to a private preschool. This extremely successful and pioneering development project catalyzed a surge of new development activity in what continues to be a rapidly evolving neighborhood attracting vast pools of institutional capital.