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East Village Mystery Lot Purchased

By
Real Estate Agent with Kaminsky Group 10301208609

East Village Mystery LotBy Kevin Korber of Village Confidential

On East 13th Street, between 2nd and 3rd Avenues, there sits a vacant lot that Village residents and bloggers like EV Grieve have dubbed “the mystery lot.” Since it became vacant in the 1980s, the East Village mystery lot has remained vacant, strange, and morbid; the body of a murdered woman was discovered there in 2004. Since the gruesome discovery, the lot was used mostly as a garbage dump, though its sidewalks were always cleared of snow and its grass was periodically trimmed.  

Now, it appears that the East Village mystery lot will neither be a mystery nor a lot for much longer. The Real Deal reports that Chelsea developer Charles Blaichman of CM Developers has purchased the East Village mystery lot for a reported sum of $33.2 million dollars. The lot was purchased along with two other vacant properties along East 14th Street.

Blaichman’s purchase marks his first foray into development in the East Village. His most recent high-profile projects were associated with hotelier and investor Andre Balazs: the first, at 500 West 21st Street, was sold to Sherwood Properties, and an attempted development at 345 West 14th Street with Balazs and rapper Jay-Z never came to fruition.

As of right now, Blaichman and CM Developers have not revealed any potential plans for the site. And so, the East Village mystery lot becomes home to another mystery for a little while longer.

John McCormack, CRS
Albuquerque Homes Realty - Albuquerque, NM
Honesty, Integrity, Results, Experienced. HIRE Me!

Sad about the woman's body being discovered here but $33.2 million for "the mystery lot" who wouldn't want to be the Realtor on that listing!  Sounds like some type of very classy structure will be built here. 

 

Oct 28, 2011 06:32 AM
Kate Akerly
Kaminsky Group - Manhattan Beach, CA
Manhattan Beach Residential Sales

I would definitely have loved to broker that deal!  

Oct 28, 2011 11:53 AM
Valerie Baker
Exit Real Estate Professionals - Spokane, WA
Spokane Realtor

Wow! When I see something selling for a price like this, I almost find it hard to believe we are in the same country! I would probably do good to get 33K for an empty lot in Spokane . . . let alone millions! Hopefully they will build something worthwhile on that lot and the poor woman will be able to rest in peace.

Oct 31, 2011 05:52 AM
Kate Akerly
Kaminsky Group - Manhattan Beach, CA
Manhattan Beach Residential Sales

Valerie,

 

I know, Manhattan values are through the roof.  That's what you get when the average apartment sells for $1.4mil.  There is a development opportunity at the site, which is in prime Downtown Manhattan, hence the price of the dirt.

Oct 31, 2011 06:36 AM