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Lower East Side center celebrates completion.


University Settlement opened its highly anticipated Houston Street Center recently as the City's political and cultural elite turned out to celebrate. The Center will open to the public in March 2006.

Nestled nes·tle  
v. nes·tled, nes·tling, nes·tles

v.intr.
1. To settle snugly and comfortably: The cat nestled among the pillows.

2.
 on the corner of Houston and Bowery, the Bowery, the (bou`ərē, –`rē) [Dutch Bouwerie=farm], section of lower Manhattan, New York City. The Bowery, the street that gives the area its name, was once a road to the farm of New Amsterdam Governor Peter Stuyvesant, who is  42,000 s/f facility will serve the residents of the Lower East Side and surrounding neighborhoods. The Center houses a swimming pool, a gym and fitness center, meeting rooms, dance studio, classrooms and community offices.

The gala celebration culminated in the presentation of the Charles B. Stover stover

stalks of maize plants from which mature corn cobs have been harvested as grain, or grain sorghum plants from which heads have also been removed. The stover is usually fed by turning the cattle into the field and is subject to fungal infection, sometimes causing mycotoxicosis.
 Award to the project's developer, AvalonBay Communities AvalonBay Communities, Inc. (NYSE: AVB) is an Alexandria, Virginia-based public real estate investment trust. The company specializes in acquiring, developing, redeveloping and managing high-quality apartment communities in high barrier-to-entry markets, such as the Northeast, , Inc., in recognition of its generous and historic support of the Houston Street project. Senior vice president of development Frederick S Frederick, city, United States
Frederick, city (1990 pop. 40,148), seat of Frederick co., NW Md.; settled 1745, inc. 1817. The processing center of a fertile farm and dairying area, it makes beer, household items, optical and glass products, leather goods,
. Harris accepted the award on behalf of the company. AvalonBay was originally tasked with delivering the building's shell, but went well beyond the original scope of work for the facility, valued at $14 million.

"On behalf of AvalonBay, we are honored to have been a part in the building of this community center," said Harris. "It will become a cornerstone cornerstone

Ceremonial building block, dated or otherwise inscribed, usually placed in an outer wall of a building to commemorate its dedication. Often the stone is hollowed out to contain newspapers, photographs, or other documents reflecting current customs, with a view to
 of the community, offering a broad range of services and programming."

"Public/private partnerships like the one that led up to the opening of this wonderful new community center are the wave of the future," said Michael H. Zisser, executive director of University Settlement. "AvalonBay has been an exemplary partner on many levels. Without their commitment to this project and the community, we would not be standing here today."
COPYRIGHT 2006 Hagedorn Publication
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Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Title Annotation:AWARDS, ASSOCIATIONS and EVENTS; AvalonBay Communities Inc.; Charles B. Stover Award; Houston Street Center
Publication:Real Estate Weekly
Article Type:Brief Article
Geographic Code:1USA
Date:Feb 8, 2006
Words:245
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