Another red-tagged building is scheduled to be demolished. A landmark on the north end, Kona Beach Club, located at 474 Estero, is finally coming down after a three-year insurance struggle that is still not settled.
A crew is to begin emptying the units before demolition begins on or before October 16.
The two-building site with nineteen units dates back to 1971 and was the first condo built north of Times Square. With its four studio units, the building sat parallel to the beach and allowed owners and guests to step out the door and walk down to the beach sand. Each unit was marketed at $40,000…