Breaking: Katz’s Deli Sells Its Air Rights But It’s Not Going Anywhere

Posted on: August 29th, 2014 at 11:23 am by

orchard-hell-building-capped

First, the great news. The future of Katz’s Deli is safe. Owner Jake Dell assures us that all is well, while simultaneously disclosing that the 126-year-old Jewish deli just sold off its valuable air rights. “I’m not going anywhere … now I can protect [Katz's],” the 27-year-old proprietor says.

The timing of this release is somewhat curious, though, and already causing tsuris. We just reported this morning that pretty much the whole block at Orchard and East Houston was just sold off. Likely buyer, Ben Shaoul. Also, the fact that Taqueria on Orchard Street seeks a new location; and, of course, the fall of Bereket and Philly’s Cheese Steak back in June. When asked whether the sale of air rights was related to what is happened next door, Dell couldn’t give us an answer.

Could this mean some sort of cantilever action? The 2008 Lower East Side rezoning (C6-2A) only allows for up to twelve stories here (120 feet).

Prime meat for developers

Prime meat for developers

While a bit unsettling, it’s certainly great to know that Katz’s Deli will be safe from developers trying to force them out. After all, rumors of their demise seemed to happen every few years in the last decade.

Dell also noted:

The most important thing is that the future of Katz’s is secure — at the end of the day, no developer can ever come in and knock us down to put in a high rise. At no point will anyone value the corner of Houston and Ludlow for anything other than Katz’s Delicatessen. A year after our 125th anniversary, this will help ensure that we can see our 150th, and hopefully many more to come.

Recent Stories

"The Bowery as it is today [1900]," Photo: NYPL
That Time When Locals Wanted to Rename the Bowery ‘Piccadilly’ or ‘Parkhurst Avenue’

In an age when the Bowery moniker is gold – emblazoned across apparel and television screens – it’s difficult to fathom how its name was once threatened. At the turn of the last century, a collection of local Bowery merchants petitioned on numerous occasions to force the city to rename the thoroughfare. At least three […]

fred-nyc-orchard-1
New Salon-Cafe Called ‘FRED.’ is Opening at 192 Orchard Street

A fifth hair salon is currently gearing up to open on Orchard Street between East Houston and Delancey Streets. Indeed, the former Naked Eye Optical headquarters at number 192 underwent a transformation during the last couple months, and ultimately resulted in an upscale hair joint called “FRED.” FRED. NYC is the eponymous brainchild of stylist Fred Connors, […]

rickys-md-spring-street
Rumored Kardashian Complex at 63 Spring Street is Cited for LPC Violations

With a new ground floor business in Ricky’s NYC, 63 Spring Street is now paying for it. The building resides in the SoHo Cast Iron Historic District, and the landlord apparently implemented several upgrades to the facade without the necessary permission from the Landmarks Preservation Commission. Owner Jack Terzi - who acquired the property for $15 […]

creffle-cafe-stanton
‘Creffles’ Challenge Cronuts in New Stanton Street Cafe

When owner (and Elmhurs resident) Al Tak first told us about his new cafe at 115 Stanton Street last month, it carried the moniker “Green and Brown,” named for the coffee bean havest-to-roast process. However, it’s since been renamed after its signature confectionary. The Creffle Cafe doles the standard fare alongside the namesake dessert concoction […]

crumpler-closing-spring
The Crumpler Store on Spring Street in Little Italy is Kaput

Crumpler is pulling the plug on its minuscule retail outpost in Little Italy. The Melbourne-born company has maintained a presence at 45 Spring Street for a decade, but a recent visit revealed a leasing sign in the front window. Javis Realty from Long Island is brokering the property, but there isn’t any hard data just […]