Yes, you are looking at a hole. The photo below shows the artist rendering.

Overview

Sales began just over 4 months ago on this 12-story, 100-unit condominium. The building features studios and one- to three-bedroom residences, including two duplex apartments. Units range in size from 500 to 2,400 square feet, with prices running from $700,000 to $3.325 million. Residents will have access to a gym, outdoor pool and rooftop terrace. Cantor Pecorella (The Grand Madison, O’Neil building, 555 West 23rd Street) is the sales and marketing team for this Magnum Real Estate Group and Ascend Group (‘A’ building in the E. Village) development. Interiors are by Cetra/Ruddy (Orion, Barbizan 63, 211 w 18th St). The building features a curved façade with the apartments having floor to ceiling glass windows and impressive 9’ 4” ceiling heights. Situated on a site that 3 four-story walk-ups previously occupied, the striking design should improve the feel of an increasingly attractive block. (more…)