When we checked in on 137 5th Avenue last summer, digging had recently begun to make way for a five-story new building on the vacant lot. (The new owner had just paid $1,200,000 for the property a month earlier.) We're not sure how active the site has been in recent weeks, but there are three stories of steel in place at this point. This should end up with ground-floor retail topped by four floor-through units.
Development Watch: 1357 5th Avenue [Brownstoner] GMAP P*Shark DOB
Copyright Brown - Brownstoner
