The adjoining properties, at 14 and 16 Gay St., are part of a portfolio of five buildings that developer Lionel Nazarian bought for $12 million last year.
for a deep-pocketed buyer to create a 40-foot-wide townhouse in the heart of Greenwich Village’s historic district — pending approval from the Landmarks Preservation Commission and the Department of Buildings — for $6.64 million.
But alleged illegal work in the basement of 14 Gay St. apparently forced the DOB to deem the 196-year-old, Federal-style row house as unsafe. The department thenIn January, 14 Gay St. was demolished after being deemed unsafe — now its former space and the adjacent 16 Gay St. are up for grabs.Federal-style charm awaits inside 16 Gay St., which can be bought separately for $2.99 million.The Gay Street addresses can be combined into a 4,500-square-foot space — if approved.
Nazarian, who had previously been called out for allegedly trying to force out rent-regulated tenants from an East Village building, maintained he did nothing wrong.Rohit Arora VisualsThe now-empty lot at 14 Gay St. can also be purchased separately for $3.65 million. No. 16 Gay St. is a nearly 18-foot-wide, four-story Federal-style rowhouse that is around 1,800 square feet and could also be sold separately for $2.99 million.
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