Controversial Developer Kinsmen Property Group's Latest Project in NYC's East Village Already Raising Eyebrows
Kinsmen Property Group's latest project in Manhattan's East Village has begun demolition, but details about the interior and architect remain undisclosed.
It seems like Kinsmen Property Group, the joint venture between State Building Group and Madison Group, can't stay out of the spotlight when it comes to controversial development projects in New York City. Their latest endeavor in the East Village, located at 50-64 Third Avenue, has already raised eyebrows with its plans for a maximum of 160,000 square feet of buildable space.
The 16,500-square-foot property, situated at the corner of Third Avenue and East 11th Street, has completed demolition and is now awaiting excavation. However, details about the interior programming and architect have yet to be disclosed. This lack of transparency has not gone unnoticed by those keeping a close eye on the city's ever-changing skyline.
As with many development projects in NYC, this one has not been without its fair share of controversy. With Kinsmen Property Group at the helm, it's hard not to question the potential for soft corruption and influence games behind the scenes. But as always, the show must go on in the city that never sleeps.
Originally reported by New York YIMBY.
https://newyorkyimby.com/2025/09/50-64-third-avenue-awaits-excavation-in-manhattans-east-village.html