Those buildings on the corner of 85th and 2nd in various states of disrepair are coming down for a new mega-condo/retail space, according to real estate website globest.com.
Ascend Group is planning a 21-story condominium on a parcel of land it just shelled out $45.25 million for. Three five-story walk-up apartment buildings are currently on the land, which are in the demolition process.
The new structure will have retail on the ground floor with the entrance on 2nd ave and the residential entrance will be on 85th. Residential units will start being sold in the Q4 of this year.