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

bowery-rivington-night
Victim Identified in Last Night’s Hit-and-Run on the Bowery

The man killed in last night’s hit-and-run on the Bowery was a beloved member of the community. This much was clear from the various tipsters who alerted us to the accident. Robert Perry – age 57 – had been visiting the Bowery Mission for assistance the last few years. His life was cut short when […]

Photo: HOTTEA
Street Artist HOTTEA Says ‘UUGGHH’ to What’s Happening at 190 Bowery [VIDEO]

Looks like even the graffiti artists have something to say about the state of affairs at 190 Bowery, a downtown landmark both in the preservation and street art circles. The hulking 18,000 square-foot property – known as the Germania Bank Building – was apparently sold back in September by photographer Jay Maisel. Yet there isn’t any […]

East Village Wine & Liquor is moving around the corner
East Village Wine & Liquor Moving Around the Corner Onto Clinton Street

East Village Wine & Liquor – a misnomer of a business headquartered at Stanton Street – is one of the more reliable shops out there. It’s also one of the only places that sells a certain brand of Aguardiente that we consume quite frequently. However, after about ten years in this corner spot, the booze depot […]

287easthouston
Reader Report: 287-291 East Houston Sells for $15M

287-291 East Houston (at Clinton) is ready for its multimillion-dollar upgrade. The three-parcel property was inititally on the chopping block last February for $15 million, but had languished without sale. Then within the last couple months, the “prime development opportunity” disappeared from online real estate listings. Now, a Boogie reader reveals that 287-291 East Houston just […]

petees-pie-awning
Petee’s Pie Company Begins Service on Delancey Street

For Petee’s Pie Company, it was an eleventh-hour rush to the finish line. The new pastry purveyors opened yesterday afternoon at 61 Delancey after a hasty two-month build-out. Just in time for Thanksgiving, as initially promised. The Petee’s awning is certainly a nice touch for the neighborhood. When completely unfurled, it’s a throwback to that […]