Club Element and Its New Drill Rig

Posted on: April 4th, 2012 by

What has congestion problems, lives on a high-trafficked Lower East Side corner, and just started hosting again? If you guessed Element, you win a million Space Bucks. Seriously, though, this nightspot is back in business for its weekly soirees after a considerable hiatus. Fancy rides are again dropping off high-heeled skirts and dapper dudes, waiting in line despite the weather.  But yesterday afternoon, something else was delivered to the historic Provident Loan Society building at 225 East Houston. Something foreboding.

The “Davey Drill” arrived yesterday at the corner of Essex and East Houston. This heavy-duty equipment is generally employed before a huge construction/demolition project to test water levels and gauge the composition of the fill, rock, and soil beneath the street. These preparatory readouts provide a better snapshot of scope for excavation activities.

So, why is this bad boy sitting outside all hot and ready to go?  Back in late 2010, Element brass blamed the closure on the building being sold.  Are the new owners cashing in their chips?  There are currently no permits on file at the DOB. Whether it’s slight structural modifications or something more dire, like demolition, it appears change could eventually befall this corner plot…

  • EV Grieve

    Always wondered how long the bank would live in its current state. Prime corner for some development. Something to compete with the twin Ludlow tombstones.

  • http://esquared.tumblr.com/ esquared

    Bring back The Bank. Albion night on Thursdays. New Wave on weekend nights on the main floor with DJ Ian Ford spinning, Goth/Industrial on the back room — all for $5 entrance fee. Good times, good times.

  • Brian

    There have been rumors of a restaurant by Chef Madison Cowan going into the “Vault” space beneath, so perhaps that’s what’s being worked on.

    As to the upstairs, rumor has it a mega-CVS.

  • Brian

    Last August Chef Cowan posted something on his Facebook page, asking people to help him settle on a name for his new venture, which was “located on the lower east side of NYC, downstairs in a cavernous vault of a landmark building.” - some of the names involved “Essex” making it fairly obvious which street it was on, though he later decided against using Essex in the name to avoid confusion with Beauty & Essex. That said, there aren’t many buildings on Essex you could call a landmark. Pretty much that one and the Essex Market. Only one of those two has a cavernous vault underneath it… made it fairly easy to suss out which space he was talking about.