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    Home»Real Estate Analysis»Developer Takes Next Step at Brandon Miller Nolita Site

    Developer Takes Next Step at Brandon Miller Nolita Site

    Team_WorldEstateUSABy Team_WorldEstateUSAAugust 24, 2026No Comments2 Mins Read
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    One of the vital notable websites Brandon Miller that attempted to develop previous to his dying will likely be transferring ahead with a special developer and completely different imaginative and prescient.

    Ari Zagdanski’s Kinsmen Property Group filed a land use software for a 322-unit undertaking at 156-166 Bowery Avenue in Nolita, the Industrial Observer reported. The undertaking is anticipated to start going by the Uniform Land Use Overview Process by yr’s finish.

    Kinsmen is proposing three buildings for the vacant lot, which it moved to demolish two years in the past when there have been vacant, graffiti-covered buildings on the property. There can be a 29-story constructing with 124 reasonably priced residences for seniors, a 26-story constructing with 99 mixed-income models and three,200 sq. toes of retail area, and a 26-story constructing with 99 mixed-income models and 4,400 sq. toes of retail area.

    Previous to his dying, Miller spent months negotiating with Zagdanski and enterprise associate Mark Seigel about easy methods to pivot the stalled life sciences undertaking on the website towards residences, based on an affidavit filed by Seigel.

    Two weeks after Miller’s dying, Seigel joined Zagdanski at Fauna in Westhampton “to debate plans for the brand new undertaking given Brandon’s dying,” based on the affidavit.

    In March 2025, Zagdanski sued Miller’s Actual Property Equities Company, claiming the agency owed greater than $5.3 million in again lease, demolition prices, tax reimbursements and excellent liens on the property. The owner terminated REEC’s floor lease in January 2025.

    REEC took over the leasehold for the 15,000-square-foot assemblage in February 2021 in a deal valued at $50 million. It agreed to demolish the property inside 18 months and full building on a six- or seven-story mixed-use workplace constructing by February 2026, the go well with alleged.

    A couple of yr in the past, then-Mayor Eric Adams introduced town would transfer ahead with a housing undertaking with Kinsmen, considered one of three websites supplied as alternate options to the canceled Elizabeth Avenue Backyard growth.

    — Holden Walter-Warner

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