Demolition looms for East Cherry project

Demolition of a string of East Cherry Street buildings could begin by the end of the month, making way for construction later this year of a 45-unit project called The Gramercy.

52-W-Cherry-St.PAC-building.wide-shotThe Gramercy will replace a series of one- and two-story buildings from 38 to 52 E. Cherry St. — essentially from the entrance to Lot B up to but not including the building on the corner of Irving Street (where Kennedy Jewelers is now located). The four buildings to be razed would include:

The-Gramercy-elevation-150x150Jacqueline Dirmann of Bohler Engineering told the Redevelopment Agency at its meeting on Wednesday night that the project is moving along and recently met with PSE&G. Demolition of the building probably will occur this month, she said. Executive Director Leonard Bier explained that the developer (R2-N2 Properties, LLC, a partnership between DMR Construction and Netta Architects) will start the site work and foundation in-house and the framing, weather permitting, will be done by a vendor. The developer has all the appropriate utility shut-offs required for demolition, which could begin by the end of the month.

Bier told the Redevelopment Agency in October that the developer was aiming to begin demolition in November.

The four-story Gramercy will include 23 one-bedroom units, 19 two-bedrooms, and 3 studios. The ground floor will have about 1,200 square feet of retail that’s expected to be a coffee shop at the corner of East Cherry Street and Monroe Street (which will eventually be extended from Main Street as part of the Main & Monroe project by Slokker Real Estate Group).

Here’s a quick timeline of the project:

2 thoughts on “Demolition looms for East Cherry project”

    1. I would imagine new developments have good occupancy rates otherwise developers would probably not be interested in building more rentals. FWIW, when I asked redevelopment director in October about it, he said new development projects are at about 98 percent leased.

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