Over the summer, we brought 263 N 3rd St. to your attention. The building was most recently inhabited by Lite Bite, an unpretentious luncheonette that went under several years ago. A few years back, a developer purchased the property and received approvals to add several stories to the building. The developer proceeded with initial demolition efforts before shutting down the project. Over the summer, a different developer purchased the property for (a greatly reduced price of) $300K, and appears ready to move on a variation of the first developer’s plan.
Next week, N 3rd St. LLC will go before the ZBA to request several variances for this building. If we’re reading the refusal correctly, they seek permission to build four additional stories on top of the existing building, with six apartment units over those four floors. The developers intend to maintain the first floor commercial space, and intend for a restaurant to fill that space. We’re not sure whether the apartments will be rentals or condos (we’d assume condos) nor do we know about any tenant possibilities for the commercial space at this time.
It’s great news that this long-vacant property is set to be revived in the months to come. It may have taken several years, but things seem to finally be moving forward. We’ll keep our ears open for info about any possible tenants for the commercial space and we’ll be sure to share renderings when we get our hands on them.
Hey, isn’t Charlie’s Pub still looking for a new location?