A new building is rising on East 14th Street! The former site of the Jefferson Theatre is finally under construction. Previously held by Milstein Properties, 211 East 13th Street’s new owners, Ironstate Development Company, have broken ground on a new 83-home condominium building between 2nd and 3rd Avenues. The property extends to both 13th and 14th Streets. According to our intel and recent news reports, the team hired The Marketing Directors Inc. to serve as exclusive sales and marketing firm for the building. The development will offer studio, one-, two- and three-bedroom units in an eight-story building with one-third of the units having outdoor space. Amenities for residents include a 24-hour attended lobby, lounges, fitness room and library. A landscaped rooftop terrace with outdoor kitchen, trellis and planted seating areas are also planned. In addition to its residential component, the property will include 4,500 sq. ft. of ground-floor retail. The new condominium building is being designed by Manhattan-based BKSK Architects with the goal of achieving LEED Silver certification or higher.