NO MO MOVIDA?

The property at 28 Seventh Avenue South was on the market for over a year and a half, asking $3,695,000. Withdrawn about six months ago, it has since reappeared at $3,500,000. Now, you probably don’t remember the space when it was home to Movida, a fact we can’t understand given the club’s siren song:

“Welcome aboard the luxury vessel Movida,”  management cooed “an all encompassing nightlife experience in the heart of New York City’s West Village. Embark on a seductive voyage of the senses. Indulge your epicurean desires, no expense was spared to satisfy your needs.”

Our senses are reeling and our epicurean desires brutally rebuffed! But in Movida’s great wake is a great development opportunity. Commercial and residential zoning disposes 28 Seventh Avenue South to varied possibilities. However, we feel the most compelling use for its 5,200 buildablesquare feet would be conversion to an innovative single family or boutique condominium development. All the ingredients are there, save a visionary buyer able to see past the building’s Movida days.

 

~ by madhattan on October 31, 2008.