Scaffolding Arrives, Demolition Imminent at 263-265 Broome Street
Another Lower East Side hotel is totally unnecessary, but nevertheless here we are.
News broke last fall that demolition was to befall 263 Broome Street, and that a hotel of some sort would rise in its place. Even though permits were filed at the time, action did not kickstart until now. DOB-approved scaffolding is now securely in place, with the wrecking ball on its way (stuck in traffic). Prepare for doom.
Six months on, we now know that the entire corner is to fall, not just one mid-block parcel; that means 265 Broome also has a death wish. No big surprise. A corporation called 88 Allen Realty Inc. owns both properties, which Halstead still lists for $7.5 million. From the ashes, a seven-story (80 feet) finger building will rise, offering forty-five dwelling units. Sun Sun Property Investment and architect SM Tan Architect are behind the project. No updated renderings just yet.
The new hotel sits right around the corner from the Blue Moon, and just up the street from the new Howard Johnson and Marriott lodges. No area of the Lower East Side is safe. We’re being bombarded on all sides by big money and the parasitic nightlife it spawns. Welcome to 2013, people.